XLHEALTH invests 3.5 million Euro in Finnish startup: MeeDoc offers doctor’s visits via video call
Berlin, 29. April 2015 – XLHEALTH and the Berlin startup scene convinced MeeDoc, a platform for doctoral consultations via video call, to relocate to Berlin with their team of ten. The Finnish startup was founded in 2012 and has a branch in New York. Increasing user numbers and a highly experienced team where the main arguments for XLHEALTH to invest 3.5 million Euro in MeeDoc. Worldwide users from remote areas rely on MeeDoc’s service for high-quality medical care.
Ulli Jendrik Koop, CEO of XLHEALTH, recalls his first impression of MeeDoc, ”We were enticed by the idea of creating a form of communication between doctor and patient that is available from anywhere at any time. From the point of view as a Venture Capital Investor, we were fully convinced when the positive reactions towards the app and its easy handling became apparent.”
MeeDoc successfully offers what many startups are currently trying to establish – a direct communication tool for doctors and patients. Not only in Europe, but also across Asia and America, people use MeeDoc to prevent time in the waiting room and inconvenient doctor’s visits. The main uses of MeeDoc are simple ailments, regular prescriptions and the communication with patients with chronic diseases. If, for example, somebody suffers from a mild cold, they can ask their doctor for advice while staying in bed, thus minimising the risks of infection and aggravation. According to a study conducted by the University of Oulu (Finland)1, approximately 75% of all doctor’s visits could be covered by a 15-minute video call.
After relocating to Berlin, MeeDoc will use the investment of XLHEALTH to further increase the company’s growth. One of the founders and CEOs of MeeDoc, Mikko Kiiskilä, regards Berlin as the necessary next step for MeeDoc’s growth, using the startup and Digital Health scene that has established. He says, ”Besides the incredible team, we were positively surprised about the deep expertise of XLHEALTH in the European Digital Health sector and their strategic partnership with CompuGroup Medical. In order to take advantage of the full benefits from combining both teams’ assets, we relocated to Berlin and work closely together on a day-to-day basis. From there, we can influence the European Digital Health landscape in a fundamental way, being able to bring better care to patients, doctors and payers.”