The healthcare scene in Berlin just got a significant boost! Lillian Care, a rising star in the health-tech arena, co-created by renowned figures in Germany’s healthcare sector, recently snagged a hefty €2.4 million in pre-seed funding. Here’s the kicker: another projected €2.4 million is on the horizon at the seed stage, taking the total to an impressive €5 million!
Lillian Care’s mission? Tackling the dire shortage of general practitioners in regions that need them the most.
The lead investor championing this initiative is none other than Nina Capital, a VC firm renowned for merging healthcare and tech effortlessly. They’re not riding solo; others joining the funding brigade include Aescuvest, Caesar Ventures, OHA BTG, Calmstorm, and notable industry stalwarts like Björn von Siemens, Wieland Sommer, Inga Bergen, and Fredrik Debong.
Established just a year ago, Lillian Care boasts a platform where nurses shine as the frontline for outpatients. Think of it as nurses handling a vast 60% of treatments, with doctors providing digital oversight. The idea? Let the doctors dive deep into the intricate cases while maximizing the skills of the nursing team. Lillian Care is all about optimizing healthcare—reviving local healthcare in areas that previously saw closures, and enhancing work conditions for healthcare professionals.
Linus Drop, the brain behind Lillian Care, paints a vivid picture: “Picture a hybrid network of primary care practices, all juiced up by top-tier tech. This not only quickens the setup process but also fine-tunes the workflow for an interdisciplinary healthcare team and telehealth sessions. Germany’s grappling with a primary care doc shortage, especially off the urban grid. Our model is a fresh twist, combining modern care team requirements with international healthcare wisdom.”
And where’s this funding influx heading? Expansion! By the time we hit 2030, Lillian Care aims to dominate the hybrid primary care scene. The goal is to be the go-to for patients, nurses, and physicians, ensuring top-notch care and sealing deals with health insurers. Given that roughly 4,000 primary care doc offices are currently vacant, the need is evident. Projections hint at a staggering 11,000 vacant seats come 2035. This spells trouble for Germany, with nearly 40% of all counties grappling with a doctor deficit. Thankfully, the country’s health bigwigs are rolling out initiatives, giving Lillian Care a promising tailwind.
Marc Subirats, a telehealth titan and General Partner at Nina Capital, is all praises for Lillian Care’s model. He states, “It’s a game-changer! They’re integrating nurses in chronic and elderly patient care. The focus might be on rural pockets and smaller towns now, but this has the legs to stretch across the healthcare system. Models like Lillian’s are gold for the long-haul sustenance of healthcare systems. And their tailor-made approach for the German populace? Simply the best solution for an ageing society that needs primary care close to home.”
