Participated · Series A · Nov 2023

doctorly builds a regulated, cloud-based operating system that replaces legacy practice management software used by medical practices. The product aims to cut administrative time by up to 50% and unifies billing, records, calendar, prescriptions and insurance workflows for doctors. The company sells via B2B and B2C models and claims to be the only VC-backed firm in Germany authorised to sell into the legacy practice management software industry. In 2023, just under 20% of practices contacted signed contracts, and conversion rates have improved quarter over quarter. Launched in 2022, doctorly plans to use fresh capital to expand growth in Germany, add platform features, and recruit to support commercial expansion. The team positions the product as a full replacement for legacy systems rather than an add-on service. doctorly offers a software platform designed to simplify and improve interactions between doctors, patients and the wider healthcare industry. Its product suite includes a SaaS-based practice management system and a patient health app. The company raised €9.4M in a Series A round. It intends to use the funds to expand operations and its business reach within Germany and to develop new technology features. doctorly was founded in 2018 and lists Samir El-Alami, Anna Von Stackelberg, Nicklas Teicke, Sebastian Lau, and Alexandru Boghean as founders. The business is based in Berlin, Germany. Doctorly builds practice management software for doctors and also provides a patient health app and an integration platform that enables third‑party developers to embed tools into the platform. Founded in 2017, the company says it aims to replace outdated practice management systems used by doctors in Germany and internationally. Its patient app digitizes the relationship between patients and their doctors and complements its core practice management product. The team conducted research with thousands of doctors and nurses and reports that healthcare professionals spend roughly 75% of their working day interacting with legacy software. Doctorly recently raised $5.6 million in a funding round led by Speedinvest.