Zava one of Europe鈥檚 leading digital healthcare and telemedicine聽providers with over 3 million paid consultations to date, today confirms $32m in Series A investment ahead of its launch into statutory healthcare systems in Germany, UK and France.
Zava, the digital healthcare provider that connects patients with a doctor in minutes online, announces that聽the $32m Series A funding round is led by growth equity firm HPE Growth.
To alleviate pressures on healthcare systems across Europe,聽Zava鈥檚 mission is to build healthcare that is accessible, dependable and a fraction of today鈥檚 cost.Zava patients have welcomed this healthcare experience, and praised its speed and convenience. Efficiency has been hardwired into the fundamental Zava healthcare offering. Patient doctor interactions are built on clinical questionnaires which save both,聽doctor and patient time whilst upholding quality and safety. Since 2011,Zava has provided 3 million paid consultations聽across 6 markets in Europe, of which 1 million were in 2018. Every month almost 100,000 patients access Zava from the UK, Germany, France, Austria, Switzerland and Ireland to seek advice, tests or treatment for a growing range of conditions.
David Meinertz, Zava co-founder and CEO comments:鈥淚n a world of an ageing population and rising costs, healthcare systems are at a breaking point. Barriers are put in people鈥檚 way and stop them getting the support they need.聽 Zava exists to break down these barriers – costs, access & information. Enabling people to do more of what matters to them. We鈥檙e pleased that our new partners at HPE Growth share that great ambition. Zava鈥檚 mission is to build healthcare that is accessible, dependable and a fraction of today鈥檚 cost.鈥�
Zava will use the investment to further accelerate its growth including building out its world class team in order to expand its medical offering and reach its ambition of becoming the world鈥檚 leading digital healthcare provider. The funding will also help to expand Zava鈥檚 business in existing markets and to grow pan-European and then globally. Zava reaches its patients through its own brand and via partnerships.
Harry Dolman, Partner at HPE Growth adds:聽鈥淶ava offers a unique and highly scalable model to deliver a more convenient healthcare experience to patients while radically improving the efficiency of healthcare professionals, enabling healthcare systems to reduce the overall costs associated with primary care. We are excited to be working with David and his team to expand Zava into statutory healthcare systems and bring Zava in a first step to the rest of Europe.鈥�
