Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest
Category: #business  By Mateen Dalal  Date: 2021-09-17
  • share
  • Twitter
  • Facebook
  • LinkedIn

Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest

Doccla, a healthcare startup focused on virtual ward technology, has raised $3.3 million in a seed investment round led by Speedinvest and Giant Ventures.

According to the firm, the raised capital will be used to invest in technological innovations and further in medical wearables and journal record systems. Additionally, it plans to strengthen its footprint in the European healthcare market.

Doccla aims at enabling hospitals to estimate when beds will become available by monitoring patients remotely with the help of wearable medical equipment. This subsequently assists in alleviating system bottlenecks.

Founded by Martin Ratz and Dag Larrson, Doccla claims that it has achieved a 29% reduction in Emergency Admissions and a 20% reduction in A&E attendance, saving thousands of bed days for the NHS. Its current competitors are Huma, Current Health, and Cadence.

Recently, Cadence raised $41 million from Thrive and General Catalyst. It offers remote patient monitoring technology that enables clinicians to monitor patients at home and provide tailored feedback via texts and video visits.

Doccla claims that it can also monitor patients at home. Its development was accelerated by the pandemic, alike other technologies. Overburdened hospitals were seen to require technologies that build virtual wards to track patients' movements both in the hospital and when they returned home.

According to Dag Larsson, CEO and co-founder of Doccla – Their firm's end-to-end virtual ward services are simple to implement and challenging to overlook by care providers. The NHS is currently facing a challenging winter season, and Doccla is improving its technology to help healthcare professionals.

He further said that they are different from their competition as their firm helps patients throughout their whole journey including all last-mile activities like logistics, customer service, and even pre-configured mobile phones.

As a result, their firm has been able to win contracts with exceptionally high patient and doctors approval.

Source Credit - https://techcrunch.com/2021/09/15/patient-monitoring-startup-doccla-secures-3-3m-seed-funding-for-virtual-wards-platform/

 

 

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal    

Mateen Dalal

Mateen has completed his Bachelor’s degree in electronics and telecommunication engineering, post which he lent his proficiency to the industry, working as a quality and test engineer. Drawn intricately toward the field of content creation however, Mateen soon switc...

Read More

More News By Mateen Dalal

Telenor to sell stake in Myanmar's Wave Money for $53 Mn to Yoma
Telenor to sell stake in Myanmar's Wave Money for $53 Mn to Yoma
By Mateen Dalal

Telenor Group, an international provider of tele, data and media communication services, has reportedly agreed to sell its 51% stake in Myanmar's Wave Money, a provider of digital payment service, for $53 million to Yoma MFS Holdings, a subsidiar...

Alkem to launch state-of-the-art technology to treat DFU in India
Alkem to launch state-of-the-art technology to treat DFU in India
By Mateen Dalal

Alkem Laboratories Ltd. (Alkem), an Indian multinational pharmaceutical company, has reportedly launched a unique patented technology for the treatment of Diabetic Foot Ulcer (DFU) in India. The solution would be based on an innovative technology of...

Bank of America unveils new drive-thru ATM; shuts another in Bethlehem
Bank of America unveils new drive-thru ATM; shuts another in Bethlehem
By Mateen Dalal

According to Andy Aldridge, Bank of America Spokesperson, the financial institutiThe Bank of America Corporation, an American multinational investment bank and financial services, has now opened up a new place for clients in North Bethlehem who are l...