50 million euros for Berlin fintech Nelly

Marc Nemitz Marc Nemitz | 15.01.2025

Digitalization in the healthcare sector - Nelly continues to scale. The start-up is planning product enhancements and international expansion. Over 1,200 medical practices already use the system

Berlin, January 15, 2025 - To coincide with the launch of the digital patient share in Germany, the healthcare and fintech startup Nelly has successfully raised 50 million euros in a Series B round. The round was led by Cathay Innovation and Notion Capital, with participation from existing investors such as b2venture, Lakestar, Motive Ventures and arc investors. Nelly intends to use the fresh capital to further advance the digitalization of the European healthcare sector.

Growth in a dynamic market

In a healthcare market that is increasingly focusing on digitalization, Nelly has positioned itself as an innovative provider of financial technologies for medical practices. The company's Financial Operating System (FinOS) is already used by over 1,200 medical practices and two million patients to simplify administrative and financial processes. The platform automates processes such as patient admission, document management and payment processing, freeing up medical professionals and fully digitizing the patient journey.

Focus on expansion and product development

With the new funding, Nelly plans to broaden its product offering and expand into new European markets.

We want to build Europe's largest healthcare fintech while providing innovative solutions that make practices more efficient and enable a seamless patient experience.

Niklas Radner, CEO and Co-Founder Nelly

Nelly has recently entered the Italian market to accelerate the digital transformation in healthcare there as well.

Jacky Abitbol, Managing Partner at Cathay Innovation, sees great potential in Nelly: "Nelly is transforming the financial and administrative processes of medical practices. We are proud to support the team and drive its growth in Europe." Itxaso del Palacio from Notion Capital also emphasizes the strength of Nelly's fintech approach: "With its unique combination of software and fintech, Nelly is excellently positioned to become a leading brand in the healthcare sector."

Digitalization as the key to increasing efficiency

A study by McKinsey shows that outdated administrative processes in European healthcare facilities are a key obstacle to efficiency and patient satisfaction. Nelly addresses these challenges directly and sets new standards for fintech solutions in the healthcare sector. Back in October 2024, we reported on a €100 million deal between Nelly and Volksbank.


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Related companies

b2venture
b2venture
Investor 2000 Berlin
b2venture
European venture capital firm specializing in the digital and industrial technology sector.
Nelly
Startup 2021 Berlin
Nelly
Signature & billing tool for medical practices.

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