What is Siilo?
Siilo operates a secure medical messaging platform designed to enhance communication and care coordination among healthcare professionals. The platform offers a user-friendly messenger application and specialized solutions for healthcare organizations, ensuring private and efficient communication. With a strong emphasis on data security and compliance, Siilo aims to foster collaboration within clinical settings while rigorously safeguarding patient data. The company's services are utilized by a large user base across Europe, supported by robust onboarding and continuous assistance.
How much funding has Siilo raised?
Siilo has raised a total of $14.9M across 2 funding rounds:
Other Financing Round
$3.6M
Series A
$11.2M
Other Financing Round (2018): $3.6M, investors not publicly disclosed
Series A (2020): $11.2M led by Heal Capital, Philips Health Technology Venture Fund, and EQT Ventures
Key Investors in Siilo
Heal Capital
Heal Capital is an investor likely focused on the healthcare and medical technology sectors, providing strategic backing to companies innovating within the health industry.
Philips Health Technology Venture Fund
Philips Health Technology Venture Fund is a venture capital arm of Philips, specializing in investments within health technology and digital health solutions, aiming to foster innovation in patient care and medical systems.
EQT Ventures
EQT Ventures is a European venture capital firm that invests in technology companies, known for supporting businesses with strong growth potential and innovative business models.
What's next for Siilo?
The recent major strategic investment in Siilo signals a pivotal moment for the company, likely enabling accelerated expansion of its secure communication network and further development of its platform features. This Series A financing round, following substantial prior capital injections, positions Siilo to deepen its market penetration and potentially explore new technological integrations. The company's focus on secure, compliant communication in healthcare is a critical area of growth, suggesting future opportunities in enhancing telehealth capabilities and inter-organizational data exchange.
See full Siilo company page
