Digital health company, Visiba, strengthen their position in the Swedish market by closing a financing round of a total of SEK 100 million. After an intensive spring, where the company mobilised significantly in supporting existing and new customers implement online consultations quickly, the financial addition will now be used to continue the development of the platform and Red Robin, the company’s newly launched AI-based automated triage and medical history tool. The goal is to continue to provide a market-leading product that simplifies online consultations for healthcare players and reap the benefits of digital transformation.
Visiba has now completed a financing round of a total of SEK 100 million. The round was led by CNI and Swedbank Robur. Participants in the round also included Starbright Invest, as well as existing owners such as Blue and JCE Ventures. The capital injection is the largest in the company’s history and will be used, among other things, to strengthen the product development of the platform for online consultations and Red Robin, as well as to enable increased commercial investment in Europe and the Nordics.
We have witnessed Swedish healthcare taking great leaps in digital transformation during the COVID-19 pandemic, which has increased the understanding of how digital patient flows can solidify care. Our market is fast-moving and it is important for Visiba Care to be at the forefront and shape the solutions that enable tomorrow’s healthcare. The capital injection will support the work of optimising and developing our products, which in turn will create even better conditions for our customers to succeed.
says Johan Gustafsson, CEO at Visiba.
Visiba Care is a very exciting company with a strong position in the domestic market, a leading product offering and an ambitious expansion plan. This is exactly the type of growth journey we want to support and engage with as investors.
says Erik Ejerhed, partner at CNI.
We think that the market for digital healthcare is incredibly exciting and important from a societal perspective. Visiba Care has made an impressive journey so far. We see great potential going forward and we wanted to be involved and support the company.
says Henrik Carlman, funding manager at Swedbank Robur.
Visiba’s platform for online consultations was launched in 2014 and is used today by more than half of Sweden’s regions, as well as by a number of private healthcare providers. Since 2018, the company has also developed Red Robin, an automated triage and medical history tools, which has now been launched and can be activated in the platform. As a result of the capital injection, Visiba Care will double its product development team to intensify the development of the company’s services.
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Visiba was founded in 2014 on the strong conviction that digitisation is inevitable if healthcare is to offer equal, qualitative and safe services in the future. Visiba has customers in four different markets and the platform is used in many different healthcare operations, from integrated care to primary care and secondary care. With a vision of using digital technology to allow healthcare services to improve people’s lives, in-depth experience of digital transformation, and respect for healthcare organisations’ expertise and abilities, Visiba is a reliable partner which always puts the customer’s success first.