Nelly, a Germany-based healthtech company that provides tools to simplify patient onboarding and payments for medical practices, secured a €15 million Series A funding round.
The investment was led by Swiss venture capital firm Lakestar, with participation from Swiss VC firm b2venture and US-based Motive Ventures.
The newly secured capital will fuel Nelly’s expansion in Germany, support the development of new products, enhance its fintech capabilities, and facilitate expansion into new medical verticals and markets.
The platform seamlessly integrates with existing practice management software, providing a user-friendly approach to digitalizing medical administration. Nelly ensures that the entire patient visit, including registration, medical history, document signing, and payment, can be effortlessly processed using patients’ smartphones, eliminating communication disruptions.
Additionally, the company offers a unique “factoring” and billing product, enabling medical invoices to be delivered digitally and paid with a single click.
“Our goal with Nelly is to relieve medical professionals from time-consuming administrative tasks and increase their job satisfaction. We are delighted to announce this milestone fund round which will support the expansion of our contemporary communication and secure payment platform for medical services. Our solution delivers proven benefits, including reducing the risk of reminder fees, for example, via payment reminders by SMS and email,” explains co-founder and CEO Niklas Radner.
Company: Nelly Solutions Gmbh
Round: Series A
Funding Month: June 2023
Lead Investors: Lakestar
Additional Investors: b2venture and Motive Ventures
Company Website: https://www.getnelly.de/
Software Category: Communication and Secure Payment Platform
About the Company: Founded in 2021 by Laurids Seibel, Rasmus Schults, Niklas Radner, Lukas Eicher, and Tobias Heuer, Nelly is a signature and billing tool designed to digitize documents, signatures, and payments in medical practices. Nelly’s platform also provides a fully GDPR-compliant digital process for medical practices, enabling patient admission, treatment contract signing, invoice delivery, and payment through a specialized e-signature system. The platform is already utilized by more than 450 practices and 350,000 patients, digitizing over 3 million documents and invoices.