Medloop, the Berlin-based digital health startup working for preventative outpatient care, has raised €6 million from Kamet Ventures and AXA.
Founded in 2018 by Shishir Singhee, Medloop aims to empower patients to navigate their own healthcare as well as assist physicians in providing preventative treatment.
“Healthcare today has become increasingly impersonalised as ever-growing patient registers have made it challenging for doctors to treat patients in a bespoke way. Medloop strives to bridge this critical gap, by employing technology to empower patients and help doctors deliver proactive and holistic care,” explained founder and CEO Shishir Singhee.
To this end, the Medloop app offers services that benefit both medical practices and their patients, with a user interface on each side. The services include online appointment bookings, electronic medical results, prescription refills, and an interactive chat function.
The German company entered the UK market last year after securing compatibility with EMIS, one of the largest clinical systems in the region that reaches 33 million patients.
With the new investment, Medloop will continue to develop an evidence-based medical rule engine embedded on the Electronic Medical Record (EMR) of patients. This tool will enable doctors to obtain a risk-stratified view of their patient population, and proactively optimise patient care to improve outcomes.
The startup will also enhance its product offering and continue expanding across Germany and the UK.
Stephane Guinet, CEO of Kamet Ventures, said, “It is no secret how overstretched doctors are in terms of the time and care they can offer each patient. Medloop’s offering is a novel solution to this challenge and we are very excited to be part of Medloop’s growth story given how critical its offering is to the UK market and beyond.”