Berlin-based healthtech startup Nelly has secured €50 million in a Series B funding round led by Cathay Innovation. Notion Capital, b2venture, Lakestar, Motive Ventures, and arc investors also participated in the round, reflecting strong investor confidence in Nelly’s vision.
Nelly is streamlining administrative processes for clinics and enhancing patient experiences by offering integrated, all-in-one solutions. From patient registration to payment processing, the platform automates key workflows, enabling clinics to operate more efficiently.
Digital Solutions for Patients and Clinics
Nelly’s platform allows patients to register from home or on-site using their smartphones or computers. It also enables digital signing and submission of important documents, the issuance of digital invoices, and online payments. Since its founding in 2021, Nelly has digitized over 30 million paper documents and processed digital interactions for more than 2 million patients. Currently, 1,200 clinics utilize Nelly’s solutions.
Nelly’s Vision for the Future
Co-founder and CEO Niklas Radner expressed his excitement, stating, “We are committed to continuously automating administrative workflows and enabling process innovation as we build the largest fintech platform in the healthcare industry.”
Investor Confidence
Cathay Innovation Managing Partner Jacky Abitbol remarked, “One of our core investment theses is to back solutions that drive efficiency in healthcare. Meeting the exceptional team at Nelly convinced us that they are uniquely positioned to become the leading bank for medical practices in the future.”
With this new funding, Nelly plans to enhance its technology, expand its reach, and support more clinics and patients on their digital transformation journeys.
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