What is KRY?
Established in 2014 and headquartered in Stockholm, Sweden, KRY operates as a digital health application. It facilitates remote consultations with qualified healthcare professionals via smartphones and tablets. This innovative approach to healthcare delivery addresses the growing demand for accessible and convenient medical services. KRY's business model is centered on leveraging technology to bridge gaps in traditional healthcare access, positioning it as a key player in the rapidly expanding digital health market.
How much funding has KRY raised?
KRY has raised a total of $716.8M across 7 funding rounds:
Angel/Seed
$4.9M
Angel/Seed
$6.9M
Series A
$23M
Series B
$66M
Series C
$156M
Series D
$300M
Unspecified
$160M
Angel/Seed (2016): $4.9M, investors not publicly disclosed
Angel/Seed (2016): $6.9M led by Creandum, Project A Ventures, and Index Ventures
Series A (2017): $23M supported by Index Ventures, Creandum, and Accel
Series B (2018): $66M featuring Accel, Creandum, Project A Ventures, and Index Ventures
Series C (2020): $156M backed by Teachers Innovation Platform, Index Ventures, Creandum, and Accel
Series D (2021): $300M with participation from Ontario Teachers Pension Plan, Creandum, Project A Ventures, Accel, CPP Investments, Index Ventures, and Fidelity Investments
Unspecified (2022): $160M led by Index Ventures and Teachers’ Venture Growth
Key Investors in KRY
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
Creandum
Creandum is a leading European venture capital firm, supporting some of the most successful European technology companies such as Spotify, iZettle, Trade Republic, Pleo, Depop, Klarna, KRY, Epidemic Sound and Small Giant Games. The Creandum funds are based in Guernsey and Sweden and are advised by advisory entities in Stockholm, Berlin, and San Francisco.
Project A Ventures
Project A Ventures is a venture capital firm founded in 2012 and based in Berlin, Germany. Project A is one of the leading early-stage tech investors in Europe with offices in Berlin and London. Project A is the early-stage VC for entrepreneurs building the next generation of European icons, and since 2012, has partnered with 130+ founding teams at the earliest and most decisive stages.
What's next for KRY?
With a history of major strategic investments and significant enterprise-level funding, KRY is well-positioned for continued expansion and innovation. The substantial capital raised, particularly in recent rounds, suggests a focus on scaling operations, enhancing technological capabilities, and potentially broadening its service offerings or geographical reach. The company's trajectory indicates a strategic move towards solidifying its market leadership and further disrupting the healthcare industry through digital solutions.
See full KRY company page
