Topics
Latest
AI
Amazon
Image Credits:Nelly
Apps
Biotech & Health
mood
Image Credits:Nelly
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
gadget
stake
Government & Policy
computer hardware
layoff
Media & Entertainment
Meta
Microsoft
privateness
Robotics
certificate
societal
outer space
startup
TikTok
Transportation
Venture
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
newssheet
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
reach Us
Nellywants to become the biggest fintech startup in the health care industriousness . The Berlin - base inauguration is already wreak with more than 1,200 medical exercise in a fistful of European countries . But there are M more that could benefit from an rising slope for their administrative workflows .
That ’s why Nelly recently raise € 50 million in funding ( around $ 51 million at current exchange rates ) in a Series B round run by Cathay Innovation , along with Notion Capital . Existing investors b2venture , Lakestar , Motive Ventures , and Arc Investors also enter once again .
While many industries have fully switched to digital workflows , Nelly ’s founding team realized that many aesculapian practices are lagging behind . “ I went to the medico , I had to fill in all my information with pen and newspaper . And then four calendar week later , I receive a thick letter with a petition to pay € 120 , ” Nelly Centennial State - founder and CEO Niklas Radner told TechCrunch .
The company set forth with a software - as - a - servicing intersection that lets medical practices onboard new patient digitally . Patients book an fitting and then incur a confirmation message via SMS , WhatsApp , or e-mail with a tie . They can select that link and fill out their personal inside information and medical history .
“ But the reality today is that more than 50 % of all appointments are still not schedule digitally . They are scheduled by a phone call or by just walking into the practice session , ” Radner order . That ’s why patients can also rake a QR code to open Nelly ’s portal from the waiting room .
Behind the scenes , Nelly integrates with existing pattern direction systems . Data is updated and put in in these legacy systems so that exercise do n’t have to switch to a new system all told . These connectors are either built in mansion by the Nelly team or developed by Nelly ’s partners .
This onboarding system acts as the backbone for the rest of the ware suite . “ You could see Nelly as , rent ’s say , a Typeform / DocuSign / Klarna for medical practice , ” Radner said . He was formerly a growth lead at Klarna .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
On the patient side , in addition to online bookings and the onboarding features , patients can pay medical practices using online payment or Nelly - managed bill of fare proofreader . Patients can also receive reminders to leave a review on Google Maps .
As for aesculapian practices , Nelly can treat invoices and billing . This part can salve substantial time for aesculapian practices , as it can head to spend less metre chasing out - of - pouch payments .
Nelly can also be used as an alternative to a collective coin bank story with an disbursement management organization and bodied credit bill . Finally , Nelly extend factorization for insistent payouts of outstanding claims .
These unattackable integrations in the patient journey and into the aesculapian practice ’s back - office system create a barrier to launching for other fintech company . Nelly has also gone through data point protection credential as well . “ We are the first companionship that send digital bill in the aesculapian space in Germany , ” Radner said .
The product is currently available in Germany , Austria , and Switzerland . It recently thrive to Italy , and there are more country derive down the road .
“ Nelly work with the largest DSOs [ dental serve organizations ] in Europe … And we won the deal for the Colosseum Dental Group , which maneuver in 11 European country . And they want to descale to their 700 locations with Nelly , ” Radner said . “ So we ’re going to expand with our client to more markets in Europe . ”
