Lillian Care raises €2.4 Million in pre-seed funding to solve rural Germany’s primary care shortage
23. October 2023
The healthcare startup will use its technological expertise and innovative operating model to establish hybrid primary care practices in underserved regions.
Lillian Care’s software platform supports data-driven alignment of processes and clinical decisions, reduces administrative overhead in practices, improves working conditions and enables cost savings for insurers.
The €2.4m pre-seed round was led by Nina Capital, the specialist healthcare and technology VC, and joined by Aescuvest, Caesar Ventures, OHA BTG, Calmstorm alongside angel investors including Björn von Siemens, Wieland Sommer, Inga Bergen and Fredrik Debong. Separately, Lillian Care also secured a further €2.4m commitment from selected investors for their eventual seed stage funding.
Monday 23 October 2023 Heidelberg, Germany – Lillian Care, a healthcare technology company co-founded by serial entrepreneurs and veterans of the German healthcare industry, today announced it has raised €2.4 Million in pre-seed funding, with a projected commitment of an additional €2.4m at seed stage, bringing total funding commitments to €5m. The pre-seed investment will go towards ensuring primary care delivery in underserved areas among a growing shortage of general practitioners.
The new investment was led by Nina Capital, a specialized venture capital firm with deep expertise at the intersection of healthcare and technology. Investors who also participated in the round include Aescuvest, Caesar Ventures, OHA BTG, Calmstorm and professional angels and successful founders such as Björn von Siemens, Wieland Sommer, Inga Bergen and Fredrik Debong.
Lillian Care’s platform enables nurses to perform as the first point of physical contact for outpatients with health complaints, performing 60% of all treatments with supervision and support delivered digitally by doctors. This approach ensures that doctors are freed up to focus their time and attention on more complex cases. Supported by the platform’s data-driven alignment of processes and clinical decisions, Lillian Care provides quality medical care, a reintroduction of local healthcare to underserved communities where practices have closed, and improved working conditions for medical staff.
This pre-seed funding will see Lillian Care grow its network of hybrid practices, targeting a market- leading position by 2030, cementing its reputation by delivering high satisfaction levels for patients, nurses and physicians while securing value-based care contracts with health insurers. The funding comes at a time when c.4,000 primary care physicians‘ offices are already unoccupied and affected communities and citizens clearly realize the related limitations. Studies predict that 11,000 primary care physician seats will be unfilled by 2035, which will have serious consequences for Germany, where 40% of all counties are affected by physician shortages. In response, regulators and health insurance providers have introduced new initiatives creating strong tailwinds for the success of Lillian Care’s innovative care model and network.
“We are building a network of hybrid primary care practices supported by a comprehensive technology stack that enables fast setup, streamlined workflows for interdisciplinary care teams and telemedicine treatments,“ said Linus Drop, founder and chief executive officer of Lillian Care. „In Germany, the shortage of primary care physicians is a concern, especially in rural areas. To ensure medical care, we offer physicians and nurses an innovative care model that takes into account the needs of modern professional care teams and takes inspiration from the lessons learned by healthcare systems internationally.”
“The Lillian Care model represents a disruptive innovation that aims to involve nurses in the management of chronic and elderly patients, initially focusing on rural areas and small cities, but with the potential for broader application within the healthcare system. Such models are increasingly recognized as essential for ensuring the long-term sustainability of healthcare systems,” said Marc Subirats, a veteran of the telehealth industry and General Partner at Nina Capital. “Lillian’s adaptation to the German situation is the best we have seen to provide close-to-home general practice services for an increasingly underserved and ageing society.”
Nurses delivering medical treatment to improve doctor availability and speed up patient treatment is an approach that has been used in the USA and Canada since the 1960s. Since the start of the millennium this has gained momentum as the Netherlands, Australia, Ireland, New Zealand and Finland have adopted this healthcare approach, authorising nurses to deliver medical tasks in primary care.
Notably, Finland has a comparable rural population, whereby 30 out of every 50 patient visits is to a nurse, rather than a doctor, incurring significantly lower healthcare expenditure (8.9% of GDP in Finland, compared to 11.1% in Germany).
The Lillian Care leadership team has won influential supporters. One of them, Ulrich Weigeldt, honorary chairman of the Family Physicians Association, is convinced: „The Lillian Care concept can inspire young physicians to work as essential primary care physicians in underserved regions because they are relieved of administrative tasks, work from home on a daily basis and teamwork characterizes the collaboration.“
About Lillian Care:
Lillian Care is an innovative healthcare company that establishes hybrid practices for general medicine throughout Germany, thus ensuring high-quality medical treatment close to home for everyone despite the increasing shortage of doctors. The company was founded by Linus Drop, Dr. Florian Fuhrmann, and Markus Liesmann, who have many years of experience in various areas of German and international healthcare. The name Lillian Care is inspired by Lillian Wald, who is considered the founder of American community care. With her hands-on and problem-solving approach, she had a great influence on the development of healthcare.
About Nina Capital:
Nina Capital is a specialized venture capital firm investing exclusively at the intersection of healthcare and technology. With an international outlook from their home base in Europe, Nina Capital seeds and supports need-driven founders committed to improving healthcare with the help of technology.