Klinik receives seven-figure sum in Series A financing

May 17, 2018

Klinik Healthcare Solutions, a digital health company and provider of clinically proven solutions for condition and urgency recognition, customer segmentation and patient flow management, is to receive €2.25 million in a Series A financing round. Pathena Fund leads the round with participation from existing investors.

The investment will enable the Helsinki-based company to further expand internationally, while continuing to develop its product scope. “Series A financing is the logical step after an excellent year for Klinik. We demonstrated rapid growth across public and private healthcare sectors, consolidated our position in the Finnish market and made inroads in the Nordic countries and the UK. Pathena’s digital and healthcare networks will enable us to expand our presence further in Europe and Latin America”, says Hannu Nissinen, founder and CEO of Klinik.

According to Pathena’s CEO and managing partner, António Murta, Pathena is constantly looking for companies that positively contribute to the quality of healthcare. “Patients deserve more and better access to healthcare, while professionals also expect to seize the value of digital health. Klinik has attained a very strong and promising market position, and we are convinced that it will deliver significant added value in the coming years. This makes Klinik a compelling investment in many ways”, Murta says.

One of the earliest investors in Klinik, Kustaa Piha, CEO of Athensmed and chairman of the board at Klinik, believes that this further investment can make an important contribution to business growth. “We have definitely found a product–market fit. We have chosen Pathena from several alternatives, because we found that the Pathena team has significant experience as growth entrepreneurs and deep knowledge in internationalizing growth businesses. Earlier investors are also happy to participate in Series A”, Piha explains.

About Pathena Fund
Founded in 2009 by a group of entrepreneurs with solid experience in digital and medical industries and with a track record of a series of successful international exits, Pathena Fund is a European fund focused on companies in the late early stage and growth, operating in the information technology and medtech sectors.
Further information:
Tel.: +351 225 430 707
info@pathena.com

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