KRY is built by patients for patients in light of the highly strained healthcare systems around the globe. Offering a more accessible and convenient digital healthcare service, KRY has in under two years had over half a million patient meetings in Sweden, Norway and Spain and grew by 740% in 2017, making it the largest digital healthcare provider in Europe. KRY currently accounts for over 3% of all primary care doctor visits in Sweden. In March 2018 KRY launched an online psychology service and is now the largest provider of CBT-treatments in Sweden.
KRY raised $66m (€53m) this summer in the largest Series B funding round for a Nordic company in 2018 in order to expand in Europe. The round was led by international venture capital firm Index Ventures with participation from existing investors Accel, Creandum, and Project A and brings KRY to a total of $99m in raised funds, thereby making it the most well funded digital healthcare provider in Europe. On Sep 15 LIVI will be launched in France with the UK coming up next.
In light of unequal access, increasing costs and over-usage of emergency services France is implementing a national system for public reimbursement of digital healthcare consultations via video.
Johannes Schildt, KRY CEO and co-founder, comments: "I am very excited about bringing our service to French patients. Our vision is great healthcare for everyone, regardless of who you are or where you live. Using digitalization we will fast forward the future of healthcare, making it patient focused, proactive and economically sustainable. The fact that France is opening up for digital healthcare on a national level should be an inspiration to the rest of Europe.”
Patients in France will get to know KRY by the brand name LIVI. LIVI will be the brand name used by the digital healthcare provider in all markets outside the Nordics. KRY will still be used in the existing Nordic markets.
“The word for life is “liv” in Swedish. We want our patients to be able to live their lives, stay on top of their health and have access to great healthcare on their own terms. That is why we have chosen the name LIVI for our service outside of the Nordics”, concludes Johannes Schildt.
KRY/LIVI allows you to consult a qualified health professional within minutes, via your smartphone or tablet. Through digital technology, KRY/LIVI provides equitable access to high-quality health care – at the patient’s own convenience. To date, KRY/LIVI has helped hundreds of thousands of patients in the Nordics alone. Backed by some of Europe’s most renown investors, including Index Ventures and Accel, KRY/LIVI is set to lead the field of digital health, and to fast forward the future of healthcare. Headquartered in Stockholm, Sweden, KRY/LIVI operates in a number of European countries, with further international expansion on the agenda. KRY’s/LIVI’s 200+ employees are committed to improving the world's health through innovation, one patient at a time.
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