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Kry

Funding History

$0$500M$1.0B$1.5B$2.0B2016201720182019202020212022
Valuation by funding round
Series D · 04/2021$2.0B

Overview

Kry is a Swedish digital healthcare company, founded on July 8, 2014 by Johannes Schildt, Fredrik Jung-Abbou, Josefin Landgård, and Joachim Hedenius, that connects patients with doctors, nurses, psychologists, and physiotherapists through its mobile app for video and chat consultations, alongside a network of physical clinics. The service launched in Sweden in 2015 and has since expanded to Norway, Germany, France, and the United Kingdom.

The company operates under the Kry brand in Sweden, Norway, and Germany, and under the Livi brand in the United Kingdom and France; Livi is run and owned by KRY International AB. In the UK, Livi has built extensive partnerships with the National Health Service, including regional service contracts and, in September 2021, the acquisition of NHS-focused software design agency VIX Digital. As of company materials, Kry/Livi has completed more than 14 million patient appointments through a network of over 5,000 healthcare professionals and 34 physical clinic locations.

Kry raised venture funding across several rounds between 2016 and 2021 from investors including Index Ventures, Creandum, Accel, Project A, Fidelity Management & Research, and CPP Investments, reaching a reported $2 billion valuation in April 2021. Johannes Schildt continues to serve as CEO. The company has reported more than 14 million patient appointments completed to date, per its own site.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

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