Telemedicine provider KRY solves online video medical service problem with 6.1 million euro seed round financing

It takes time and effort to go to the hospital to queue up. Some small problems can be diagnosed without checking. The Swedish online video medical service provider KRY allows patients to communicate with doctors through video and receive medical treatment without leaving home.

On August 17, KRY received a seed round of 6.1 million euros ($6.898 million), led by Index Ventures and Creandum, Project A Ventures, and some members of the investment organization will join the KRY board. The company plans to use the funds to expand the global market.

Founded in 2014 and headquartered in Stockholm, Sweden, KRY is a digital health services company that provides medical services based on the patient's own conditions while helping to alleviate the stress of traditional medical services. By increasing the chances of patients receiving primary health care, KRY complements traditional medical systems.

Combining new technology with leading medical expertise, KRY's doctors can diagnose and make recommendations online for conditions that do not require inspection or sampling, such as rashes, eczema and fever. Patients use a bank account to securely log in and describe symptoms or problems. Once you have a video function on your computer or mobile phone, you can choose to queue online or make an appointment later, and pay by credit card (KRY accepts Visa, MasterCard and American Express), then wait for the doctor to initiate Call and start a 15-minute video consultation. After the video treatment is completed, the medical professional can print a prescription for the patient or refer the patient to the expert if necessary. Of course, Dr. KRY can't open anesthesia drugs.

Telemedicine provider KRY solves online video medical service problem with 6.1 million euro seed round financing

The KRY 15-minute video consultation price is 299 SEK (approximately US$35). Since the launch of the service in 2015, more than 30,000 Swedish patients have received medical advice.

Telemedicine is attracting more and more attention from investors. 36æ°ª has reported on several companies in the field: Avizia, a telemedicine platform, received $11 million in Series A funding; SeeDoc, a video-based healthcare consulting platform, received $1 million in Pre-A rounds of financing.

In addition, telemedicine services will also be involved in the medical field in China, such as Ping An Good Doctor. In May of this year, Ping An Good Doctor completed a $500 million Series A round of financing.

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