secures $14.7M in strategic investment from Finnish Oriola.

Finland Sweden Investments 04 May 2018
Share on FacebookShare on Twitter, a Stockholm, Sweden-based company providing an online platform for medical services aimed at the corporate market, announced securing SEK 130M ($14.7M) in capital investment.

The money is mostly provided by the Finnish health care company, Oriola, and by a group of Swedish angel investors. After the transaction, Oriola will own about 17% of the company., founded in 2016 and led by CEO Martin Lindman via Doktorse Nordic AB, is the second largest online medical center in Sweden. The company employs 160 people and is offering digital triage and treatment through their digital healthcare platform and physical care facilities in Sörmland and Uppland.

Oriola is already a major player in the Swedish healthcare market, as owner of Kronan's Pharmacy, the third largest in Sweden with 325 pharmacies. The company has 2600 employees and net sales for continuing operations in 2017 were approximately EUR 1,5 billion.

Prior to this deal, added about $1.6M in capital funding, from investors including Åke Lundén and Daniel Pilotti.