'Hospital at home' startup Doccla raises $46 million for its European expansion
Hospitals around the world regularly face bed shortages -- an issue that can get exacerbated to breaking point when a health scare or other large-scale
Hospitals around the world regularly face bed shortages — an issue that can get exacerbated to breaking point when a health scare or other large-scale disaster occurs. A startup called Doccla is bringing technology to bear to address the issue: it’s building “virtual bed” tech to help doctors remotely manage patients who have either been discharged early, or in some cases never go to the hospital at all. After gaining traction in the U.K. and Ireland, it’s now raised £35 million ($46 million) to expand in Europe.
Lakestar is leading the Series B round; Elaia and several existing investors are also participating. The funding comes two years after Doccla raised a $17 million Series A.
Doccla, which competes with companies like Graphnet and Huma among others, will use the funding in part to hire local teams in new markets. And while the startup’s main focus up to now has been to contract with health services — they include local NHS Trusts in the U.K and Ireland’s Health Service Executive (HSE) — for “virtual bed” tech for patients, it is also supporting virtual clinical trials for pharmaceutics companies; and it has its eye on building a data insights business around all of it.