CHF 2.2 million to speed Agora Care expansion

From the CHF 2.2 million raised by Agora Care, two million come from convertible loans, the rest from direct investments, mainly from existing shareholders and 4 new private investors and family offices. The capital increase will help the startup launch a promotional campaign and strategic partnerships in the US market. It also will allow the expansion of patient enrolment in Switzerland and Europe through a new process that allows patients to open an Agora Care account online without the need for a registration in a radiology center or healthcare facility.

Contacted by Startupticker.ch, CEO and founder Osman Ratib tells us more abou the new process: “In Switzerland, we continue to expand our platform in large radiology networks as well as new negotiation with healthcare networks, in particular managed care networks with capitated financial model that will benefit from significant reduction in cost by eliminating unnecessary duplicate exams that are often due to the inability to easily access the results (and images) of prior examinations done in other institutions. By giving to patients, a personal account where all their medical imaging data will be stored in one place available anytime anywhere.”

With the ability to signup online, patients will be able to open their account directly from the startup’s web site (with personal identification system) and mandate Agora Care to retrieve and transfer their imaging data from the different centers where they had radiological examinations. The CEO adds: “This new feature allows us to promote Agora Care among patient associations of patients with chronic diseases, cancer and rare diseases to benefit from a central repository of all their exams for their continual medical journey and follow-up.”

(PR - ES)