Funding Round attributes
QRaGo, a German healthtech company specializing in streamlining healthcare logistics and patient transport, has raised €2.7 million in its Seed funding round. The round was led by āltitude and MobilityFund, with additional participation from existing investors Segenia Capital and capacura. This funding will enable QRaGo to expand its services in the DACH (Germany, Austria, Switzerland) region and further grow its portfolio of logistics services.
QRaGo operates as a digital platform that connects medical facilities, laboratories, transport companies, and health insurance providers to optimize logistics in the healthcare sector. The company’s primary focus is on patient and material transport, ensuring that these operations are efficient, timely, and transparent. For patient transport, QRaGo guarantees timely and comfortable transfers that meet specific medical requirements. In addition to patient transport, QRaGo also offers material transport services, ensuring the swift and secure delivery of medical supplies and equipment.
The platform provides several key features that enhance efficiency. These include real-time tracking, automated scheduling, and continuous monitoring, which allow healthcare providers to place transport orders in as little as 30 seconds and receive updates on arrival and departure times. Transport companies benefit from automated transport requests and optimized route planning, which leads to cost savings and improved resource utilization. QRaGo’s goal is to digitize and integrate every aspect of healthcare logistics, from ordering and coordination to execution and billing.
The company has also announced new partnerships with Uber and Debeka, which will enhance its service offering. The collaboration with Uber will improve transport operations, while the partnership with Debeka, a health insurance provider, will extend QRaGo’s reach and further integrate its platform into the healthcare ecosystem.
Dr. Jan-Christoph Rickers, Managing Director at MobilityFund, commented on the investment, explaining that the team was initially approached by a competitor of QRaGo. After analyzing the market, the team found the previously offered solutions to be inadequate. Upon discovering QRaGo, they were impressed with both the product and the team, which led to their decision to invest in the company.
QRaGo's Managing Director, Alexander Kunze, expressed pride in having strong investors who share the company's vision. He emphasized that the success of QRaGo underscores the importance of efficient logistics solutions in the healthcare sector. With this new funding, the company plans to double its reach this year and expand into Austria and Switzerland by the end of 2025.
QRaGo's approach aims to revolutionize healthcare logistics by offering digital tools that increase efficiency and transparency in the sector. With its expanding network and strategic partnerships, the company is well-positioned to become a key player in healthcare logistics, optimizing the transportation of both patients and materials across the region.
