Zava Raises $32m in Series A Funding Round to Roll out its Healthcare Platform across Europe

LONDON–(BUSINESS WIRE)–London-based Zava,
one of Europe’s leading digital healthcare and telemedicine providers
with over three 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 the $32m Series A funding
round is led by growth equity firm HPE Growth.

To alleviate pressures on healthcare systems across Europe, Zava’s
mission is to
build healthcare that is accessible, dependable and
a fraction of today’s cost.

Patient-doctor interactions are built on clinical questionnaires which
save both, doctor and patient time whilst upholding quality and safety.
Since 2011, Zava has provided three million paid consultations
across six markets in Europe, of which one 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: “In a world of
an ageing population and rising costs, healthcare systems are at a
breaking point. Barriers are put in people’s way and stop them getting
the support they need. Zava exists to break down these barriers – costs,
access & information. Enabling people to do more of what matters to
them. We’re pleased that our new partners at HPE Growth share that great
ambition. Zava’s mission is to build healthcare that is accessible,
dependable and a fraction of today’s cost.”

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’s leading digital
healthcare provider. The funding will also help to expand Zava’s
business in existing markets and to grow pan-European and then globally.

Harry Dolman, Partner at HPE
, adds: “Zava 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.”


Victoria Mayman