Kry in a $312 million series D funding round backed by CPPIB and Fidelity Management & Research LLC.

Sweden Germany United Kingdom United States Canada 27 April 2021

Kry, a Stockholm, Sweden-based digital healthcare company providing tele-medicine services, announced the completion of a $312 million series D funding round.

The money was raised from investors led by CPP Investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors, including the Ontario Teachers’ Pension Plan (Ontario Teachers’), Index Ventures, Accel, Creandum and Project A.

Kry will use the investment to scale its platform, building on both its operations as a healthcare provider and its innovative software offerings as well as further geographic expansion.

Kry, founded in 2014 by Joachim Hedenius, Josefin Landgård, Fredrik Jung Abbou and CEO Johannes Schildt, developed a digital healthcare whose technology connects patients with qualified healthcare professionals. Beyond the core video consultation technology, which is already available in 30 European markets, clinicians will be able to access enhanced triage, advanced queuing and matching functionality, paperless referral management, secure patient messaging and personalised treatment plans.

Kry previously raised $155 million series C in January 2020 out of a total of $250 million.

Total investments received (USD): 561.32M