How Much Did KRY Raise?
Funding & Key Investors

KRY, a prominent player in the European digital health landscape, has successfully secured a total of $716.8M in capital to date. This trajectory of financial backing underscores the company's rapid expansion within the telemedicine sector. Most recently, the firm finalized a major strategic investment of $160M, signaling strong investor confidence in its platform's ability to scale and deliver accessible healthcare solutions via mobile technology.

The company's funding history reflects a consistent growth pattern, moving from early-stage seed rounds in 2016 to significant late-stage financing. This capital infusion positions KRY to further solidify its market presence and enhance its digital infrastructure.

What is KRY?

KRY
SoftwareHealthcare SoftwareHealthcare Services

Established in 2014 and headquartered in Stockholm, Sweden, KRY operates as a sophisticated digital health application. The platform facilitates immediate, secure consultations between patients and qualified healthcare professionals through smartphones and tablets. By bridging the gap between traditional clinical care and digital convenience, KRY has established itself as a critical component of the modern health tech ecosystem, effectively reducing barriers to medical access for a broad user base.

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 Project A Ventures, Index Ventures, and Creandum

Series A (2017): $23M supported by Creandum, Index Ventures, and Accel

Series B (2018): $66M featuring Creandum, Accel, 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 Accel, Fidelity, Index Ventures, CPP Investments, Ontario Teachers Pension Plan, Creandum, and Project A Ventures

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, partnering with founders who challenge the status quo to build enduring companies.

Creandum

Creandum is a leading European venture capital firm that supports successful technology companies, providing strategic advisory services from its offices in Stockholm, Berlin, and San Francisco.

Project A Ventures

Project A Ventures is a Berlin-based early-stage tech investor that combines capital with a platform team of functional experts to support startups in sectors like digital health and fintech.

What's next for KRY?

With the recent influx of capital, KRY is well-positioned to accelerate its product development and geographic footprint. The company is expected to leverage this financing to deepen its integration with existing healthcare systems and potentially expand its service offerings. As the digital health market continues to mature, KRY's focus will likely remain on maintaining high standards of clinical quality while scaling its operations to meet the increasing demand for remote medical services across Europe and beyond.

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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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