Engaging Care Sweden AB

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Engaging Care Sweden AB - overview

Established

2017

Location

Malmo, Skane Lan, Sweden

Primary Industry

Healthcare IT

About

Engaging Care Sweden AB is a digital healthcare company that enhances patient-provider interactions through innovative technology solutions, focusing on personalized experiences and seamless communication. Engaging Care Sweden AB, founded in 2017 and headquartered in Malmo, Sweden, specializes in digital healthcare solutions. The company raised EUR 2. 5 million in SEED funding on April 17, 2019, led by Connect Ventures and Crowberry Capital.


It has completed 2 deals to date, reflecting its strategic approach to growth in the healthcare technology sector. Engaging Care Sweden AB offers Kind, a digital healthcare platform designed to enhance patient-provider relationships. The platform's features include a user-friendly messaging interface, image and video sharing capabilities, and multi-participant video meetings. By facilitating information collection and FAQs, Kind aims to provide a consistent digital experience for users, catering to patient needs at any time of day and across multiple markets.


In the most recent financial year, 2021, Engaging Care Sweden AB reported revenue of EUR 0 and an EBITDA of EUR -21,464. 8. Following its SEED funding in April 2019, Engaging Care Sweden AB is focused on developing new features for the Kind platform and expanding its market presence. Specific details on upcoming product launches or geographic expansion plans have not been disclosed, but the company aims to utilize the raised EUR 2.


5 million to support these growth initiatives.


Current Investors

The Nordic Web, Connect Ventures, Crowberry Capital

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Information Services

Website

www.engaging.care

Verticals

HealthTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Engaging Care Sweden AB - timeline of key events

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Engaging Care Sweden AB - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)190,001379,999-59,218---
% Revenue Growth (YoY)-100.0%(100.0%)----
EBITDA (USD)180,203(139,391)(2,158,059)3,492,474---
Operating Income (USD)29,292(712,806)(2,731,474)3,301,334---
Operating Margin15.4%(187.6%)-5574.9%---
% EBITDA Margin94.8%(36.7%)-5897.7%---
NET Income (USD)22,360(617,810)(2,495,190)2,500,908---
% Net Margin11.8%(162.6%)-4223.2%---

Engaging Care Sweden AB - employee data

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