28.5 million euros for Avi Medical from Munich

The future of medical practices combines digital services with local doctors: at least that's the concept of one start-up. The Munich-based company has now completed its financing round.

The start-up Avi Medical is opening its third hybrid practice in Munich and has raised 28.5 million euros. The round is led by the HealthTech fund Heal Capital and the New York investor Addition. Existing investors Picus Capital, Vorwerk Ventures, ID Invest, 3VC and Claret Capital Partners as well as various business angels are also involved.

The money will flow into the further development of software and the opening of additional practices. Initially, the hybrid practice model will only be available in Bavaria, and in the longer term throughout Germany. "We see ourselves as pioneers in the field of GP care," says CEO Vlad Lata. Avi Medical takes over existing practices and looks after both private and statutory health insurance patients in its practices. The start-up was founded in 2020 by Lata, Christoph Baumeister and Julian Kley.

"It was time to bring a breath of fresh air to GP practices and integrate digital solutions holistically into patient healthcare. This ultimately benefits everyone," says Robin Godenrath from Picus Capital.