- AXA Strategic Ventures (ASV) leads an investment round in Medlanes, the Berlin based digital health company.
- Medlanes combines machine-learning technology with doctor knowledge to offer patients a simple but high-quality first contact point to healthcare.
- The funding round will allow Medlanes to expand its offering to new markets, start partnerships with insurance companies and broaden its service.
AXA Strategic Ventures (ASV), a global €230 million ($250 million) venture capital fund, announces today that it adds a new investment to its portfolio in Europe, a minority stake in a capital round in Medlanes. Founded in 2014 in Berlin by Dr. Emil Kendziorra and Erik Stoffregen and funded by Rheingau Founders, Medlanes is one of the leading digital health companies in Europe combining the convenience of the web and mobile world with the quality and reliability of a doctor’s visit.
“We are creating the digital health revolution by enabling patients to easily make their first contact to healthcare and get high quality care through our proprietary technology and doctor network“, said Dr. Emil Kendziorra, Co-founder and CEO at Medlanes. “Further plans for the company include intensive cooperation with insurance providers and new offerings such as digitally-prepared home visits and other contact points. We will use the capital to expand our offering in Germany and to launch in markets such as France and Great Britain during this year. At the same time we will continue developing our product and offer new services.”
”Companies like Medlanes have developed a unique digital tool to better understand and serve their users and patients. That makes treatment and care more convenient, more coordinated, and more responsive to consumer needs. Medlanes is bringing medicine online with an innovative approach”, said Minh Q.Tran, General Partner
"Medlanes System" combines a unique scalable machine learning technology with a wide-spanning doctor network. It was trained with hundreds of thousands of case data points and spans a large number of medical conditions. The start-up wants to solve some recurrent issues faced by patients (cost, waiting list to see a doctor, etc…) by providing people with medical consultations through its website and app. Patients can describe their symptoms, take a picture or post a question, and Medlanes will first make an online assessment and then connect them to the right medical professional to answer their question. With the Medlanes’ app and web service users get access to healthcare anytime, anywhere, basically a doctor on a smartphone.
Find out more at www.medlanes.com.