heartbeat medical announced raising €5 million in series A co led by btov and HV Holtzbrinck Ventures.

heartbeat medical, a Berlin, Germany-based SAAS developer for the healthcare business, announced completing a €5 million ($5.9M) series A funding round.

The money was raised from German investors, co led by btov Partners and HV Holtzbrinck Ventures. HTGF also contributed to the round.

The funds will be used to support organisational development and the expansion of capabilities of skills in the field of data analysis.

heartbeat medical, founded in 2014 by Yannik Schreckenberger, Sebastian Tilch, Marc Tiedemann and Yunus Uyargil, developed a software solution used for Patient-Reported Outcomes collection and analytics. The tool is used by hospital chains and major university hospitals covering more than 200 departments, registries and research projects are already under contract, which has enabled more than 150,000 patients to receive comprehensive support in their treatment. While these patients particularly benefit from the intuitive and personalised user interface, the medical staff is supported by a high degree of automation and intuitive data presentation.

Prior to this round, in 2017, heartbeat raised €3 million from Holtzbrinck Ventures.