Idana raises €1.25 million in two months

Idana AG, a provider of digital patient management in medical practices, successfully raised €1.25 million from individual investors. Physicians have the opportunity to invest in the company. The financing round ends in November.

Freiburg im Breisgau, Germany - Idana AG, a provider of digital medical questionnaires for medical practices and medical care centers (MVZ), is about to close a successful financing round. In recent months, the company has raised more than €1.25 million from individual investors.

Idana AG was founded in 2016 by Freiburg-based physicians Lilian Rettegi and Lucas Spohn with the goal of helping healthcare providers deliver patient-centered care. Three months ago, the company changed its name to Idana AG to stay true to its philosophy of "From doctors for doctors" in its funding. The company wants investors and stakeholders such as female physicians, male physicians and collaborative partners to share in its success.

Even before we changed our name to Idana AG, some of our investors were physicians. This funding route allows us to be funded by stakeholders, private investors and venture capitalists."

Lucas Spohn, MD, founder and CEO of Idana AG.

The company has been issuing preferred and common shares since August and has raised more than €1.25 million to date. Several physicians have participated as investors.

Jessen Gurung, MD, a radiologist and Idana customer, also became an investor. He discovered the Idana SaaS solution when he opened his practice in Frankfurt, Germany, and was looking for a patient management solution. Dr. Gurung explained, "The founders are physicians themselves and cover all aspects of patient management. Our practice saves time and resources with digital patient intake, and our patients are happy, regardless of their age."

Round runs through November

The funding round runs until the beginning of November. Investors can join from an investment of 600 euros, and common shares with voting rights in Idana AG can be acquired if the investment amount reaches six figures. Shares can be purchased directly through the company or through a funding platform.

The funds raised will be used for further product development. Idana is currently working on an API to facilitate the integration of third-party applications such as online appointment schedulers and physician information systems. The vision is to provide a fully automated solution that makes patient intake as easy as possible at every doctor visit.