The funding round for Kry, which trades as Livi in the UK, is being led by the Ontario Teachers’ Pension Plan, Sky News learns.
Kry, which trades in the UK under the name Livi, has been in talks about securing new capital for several months.The company, which was founded by Johannes Schildt, plans to use the additional money to expand the services it offers across Europe.Already operating in the UK, France, Germany, Norway and Sweden, Kry has ambitions to launch in other countries on the Continent.
The efficiency and accessibility of such apps are a critical part of their appeal to patients and healthcare providers alike. Last year, Babylon, which operates the GP At Hand service, announced that it had raised more than £450m, making it the industry's biggest-ever funding round.
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