Spanish startup mediQuo lands €2 million investment

The funding brings the total amount raised by mediQuo to date to €4 million.
By Leontina Postelnicu
03:25 am
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Pictured: mediQuo co-CEOs Guillem Serra (left) and Bruno Cuevas (right); Credit: mediQuo

Barcelona-based mediQuo, maker of a healthcare management app, has announced that it secured €2 million from - unnamed - venture capital investors and family offices, bringing the total funding raised since its launch two years ago to €4 million.

The startup has also welcomed Bruno Cuevas, former vice president of global markets at digital marketplace specialist Adevinta (Schibsted), as co-CEO. Cuevas will be working with founder and co-CEO Dr Guillem Serra.

WHAT THEY DO

MediQuo was founded by Serra, a medical doctor by background, with Albert Castells and José López, founders of iSalud.com. Their app, which is targeting Spain and Latin America, has reportedly been installed by around 600,000 users, clocking nearly one million consultations so far. 

WHAT IT’S FOR

The funding comes at a time when the Spanish startup plans to introduce a new app called mediQuo Pro, aimed at doctors and health professionals, who will be able to use it to manage patient consultations.

“The recent funding round and the launch of the new app are major boosts to the growth of the platform and to fulfill our purpose to foster the digitisation of medicine and healthcare,” Dr Serra said in a statement. “We are happy to have Bruno Cuevas, joining the team. With his proven track record developing and managing international marketplaces, we are going to take a giant step forward,” he added.

THE LARGER PICTURE

Elsewhere in Europe, German startup Medloop, maker of an integrated patient management tool, recently raised €6 million from Kamet Ventures and AXA to fuel its expansion across its home country and the UK.  

Meanwhile, Switzerland-based Oviva announced earlier this month that it landed €18.8 million in Series B funding to further develop its technology for patients with Type 2 diabetes.

ON THE RECORD

“mediQuo wants to change the way in which patients interact with health professionals, thus improving people's lives. We have a great team, the required technology, knowledge of the health arena as well as of how to operate marketplaces, and the support of renowned investors within the sector,” Cuevas said. “Our ambition is as great as the company's potential, and with this funding round we have set out to deeply change the health sector - to place a hospital in each person's pocket.”