– GERMANY, Berlin – MEDWING, one of Europe’s technologically leading health-tech companies, has successfully closed its €28 million Series B financing round led by Cathay Innovation, with participation from existing investors Northzone, Atlantic Labs and Cherry Ventures.
MEDWING’s mission is to make working in the healthcare sector more attractive and to solve the shortage of healthcare personnel.
The Berlin-based company wants to empower the candidates to work in a way that suits their individual lifestyles and to support hospitals and care facilities in recruiting and human resource management. This is achieved through the combination of innovative matching, communication technology and personal consultation.
With more than 200,000 professionals registered with MEDWING and 2,500 partner hospitals, nursing homes and medical practices Germany-wide, the technology company, founded in Berlin in 2017 by Johannes Roggendorf and Dr. Timo Fischer, operates the largest personnel pool and the most modern job matching system for the European healthcare sector.
MEDWING will use the new capital from the financing round primarily to expand its technological lead and to develop further features, products and services that are specifically aimed at health professionals, and at hospitals and care facilities. The capital will also be used to expand its international business and team.
Johannes Roggendorf, Founder of MEDWING said: “Our goal is to address the global shortage of healthcare workers and to improve access to healthcare globally. Today, we have the technology to think and live healthcare completely differently – making it better for everyone.
“We make it possible for well-trained nursing staff who give up their job after a few years and do something completely different to return to their actual calling. It is not acceptable that hospital wards have to be closed due to staff shortages. We solve these important societal challenges. A goal that we share with our investors.”
Dr. Timo Fischer, Founder of MEDWING added, “Many healthcare systems around the world are facing similar challenges. The question is: how can we simultaneously ensure high-quality and successful patient care, satisfied and motivated staff and high cost efficiency in the operating business for hospitals, nursing homes and medical practices?
“The answer is: with the right technology and individual advice. This is exactly what defines us at MEDWING.“
Jacky Abitbol, Partner at Cathay Innovation: “The digitalisation of work and digital health are among Cathay Innovation’s core investment themes. MEDWING stands exactly at this crossroad and it is, therefore, no coincidence that with the returning of Costanza Carissimo to Europe, we chose the company for our first investment in Germany.
“We strongly believe in Johannes and Timo’s vision and are excited to leverage our global platform to support them as they expand further across Europe.”
Michiel Kotting, Partner at Northzone: “The healthcare sector is under increasing pressure. MEDWING offers candidates and healthcare providers a platform that improves the experience of finding and retaining talent. I
“Johannes and Timo have a deep understanding of the market and are well positioned to build a market leader in this area.”
For more information: https://medwing.com/DE/en/
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