How Much Did KRY Raise?
Funding & Key Investors

KRY, a prominent digital health platform, has secured substantial capital, with its total funding reaching $716.8M and its most recent funding round amounting to $160M. This significant financial backing underscores the company's strategic importance and growth trajectory in the digital health sector.

The company's funding history, which began with an Angel/Seed round in August 2016, has seen consistent investment through Series A, B, C, and D rounds, culminating in a recent unspecified funding event in July 2022. This sustained financial support indicates strong investor confidence in KRY's business model and its potential for expansion.

What is KRY?

KRY
SoftwareHealthcare SoftwareHealthcare Services

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, offering a convenient and accessible healthcare solution. The company's focus on leveraging technology to improve healthcare access positions it as a key player in the rapidly evolving digital health landscape. KRY's service aims to bridge the gap between patients and medical expertise, providing timely and efficient health consultations.

How much funding has KRY raised?

KRY has raised a total of $716.8M across 7 funding rounds:

2016

Angel/Seed

$4.9M

Angel/Seed

$6.9M

2017

Series A

$23M

2018

Series B

$66M

2020

Series C

$156M

2021

Series D

$300M

2022

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 Creandum, Project A Ventures, Index Ventures, and Accel

Series C (2020): $156M backed by Teachers Innovation Platform, Index Ventures, Creandum, and Accel

Series D (2021): $300M with participation from Accel, Project A Ventures, Fidelity, CPP Investments, Index Ventures, Ontario Teachers' Pension Plan, and Creandum

Unspecified (2022): $160M led by Teachers’ Venture Growth and Index Ventures

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.

Accel

Accel Inc. is a leading contract packaging company based in Columbus, Ohio, specializing in copacking and assembly services since 1995. They offer a wide range of packaging solutions including blister, gift sets, rigid boxes, and shrink wrap, catering to industries such as food, cosmetics, personal care, and healthcare. With a focus on quality, engineering innovation, and scalable operations, Accel Inc. aims to transform product visions into captivating packaged goods. Their commitment to diversity and inclusion ensures a flexible labor model that meets the unique needs of each project.

What's next for KRY?

With a significant infusion of capital, KRY is poised for accelerated growth and further innovation. The company's strategic investments suggest a focus on expanding its service offerings, enhancing its technological infrastructure, and potentially broadening its geographical reach. Future developments may include deeper integration of AI for diagnostics, expansion into new therapeutic areas, and strengthening partnerships within the healthcare ecosystem. The ongoing backing from major venture capital firms indicates a clear path towards scaling operations and solidifying its market leadership in digital healthcare solutions.

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Frequently Asked Questions Regarding KRY Financial Insights

What are the most recent funding rounds that KRY has completed, and what were the funding rounds?
KRY has recently completed 3 funding rounds: Unspecified on Jul 21, 2022, Series D on Apr 27, 2021, Series C on Jan 7, 2020.
What is the total amount of funding KRY has raised to date?
KRY has raised a total of $716.8M in funding to date.
How many funding rounds has KRY completed?
KRY has completed 3 funding rounds.
How much funding did KRY raise in its most recent funding round?
KRY raised $160M in its most recent funding round.
Who are the lead investors in KRY's latest funding round?
The lead investor in KRY's latest funding round was Teachers’ Venture Growth. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in KRY's history?
The largest funding round in KRY's history was $300M.
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