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Patient21 receives 142 million US dollars

The start-up wants to digitize the healthcare sector and has been able to convince investors. Target Global led the current financing round.

Janina Gerhardt · Stuttgart, 25. January 2022

Patient21 receives 142 million US dollars — Patient21 bietet eine Gesundheitsplattform an, auf der Unterlagen von Patienten vollständig verfügbar sind. (Foto: Sozavisimost/ Pixabay)

The start-up wants to digitize the healthcare sector and has been able to convince investors. Target Global led the current financing round.

Patient21 has raised 142 million US dollars in a recent financing round, as reported by the news agency Reuters . Target Global was the lead investor in the round, with Eight Road, Piton and Pico also participating.

Christopher Muhr founded the start-up in 2019 to put an end to paperwork in the healthcare sector. "We want to bring the healthcare system into the 21st century," Muhr told the news agency. The founder explains that the idea for Patient21 came to him during his cancer treatment. The company pursues the vision of no longer losing patient data and enabling doctors to spend more time with their patients.

The start-up offers a healthcare platform on which patients' records are fully available. Compugroup Medical's technology is used in some areas. The company now operates 21 practices in 19 German cities.

Christopher Muhr Finanzierungsrunde Patient21

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Investor 2015 London Target Global European VC firm focused on fast-growing technology startups.

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