Your.MD raises $10 Million in an investment round led by Orkla Ventures.
Your.MD, an Oslo, Norway-founded and London, UK-headquartered company providing an AI health information service, announced the completion of a $10 million investment round. The financing was led by Orkla Ventures and with participation from Smedvig Capital AS and other existing shareholders.
The investment will be used to support the growth of Your.MD's health information platform and to consolidate its position at the forefront of Artificial Intelligence (AI) development in the digital health sector.
Your.MD, founded in 2012 and led by CEO Matteo Berlucchi, has developed a OneStop Health platform, consisting of a marketplace of trusted health service providers and products. The AI-based service is available on the web, via mobile apps and on popular messenger platforms such as Facebook Messenger, Kik, Skype, Slack and Telegram. According to the company, the apps have been downladed by 2.1 million users.
Prior to this transaction, Your.MD has raised more than $7M in outside equity money, from Smedvig Capital and angel investors.