Knokcare

Based in Portugal, KnokHealth Portugal, Lda. specializes in providing a comprehensive digital health platform that enhances patient engagement and care coordination for healthcare providers and payors. KnokHealth Portugal, Lda. offers innovative digital health solutions aimed at optimizing patient care processes.

Founded in 2015 and headquartered in Matosinhos, Portugal, the company has successfully completed 4 deals, with its most recent funding round occurring on November 25, 2021. In this round, KnokHealth raised EUR 4. 4 million, co-led by Armilar Venture Partners and Triple Point Ventures. The company's CEO is Jose Bastos, who is among the founders, including André Sousa, António Miranda, João Magalhães, Tiago Alves, and Tiago Craveiro.

KnokHealth primarily offers an all-in-one digital health platform designed to implement and manage personalized patient journeys through care orchestration. The platform features over 50 customizable internal applications and an open API, enabling seamless integration with existing healthcare systems. Core functionality lies in creating tailored timelines for patient interactions that enhance engagement and streamline care processes. This service benefits healthcare payors, providers, and pharmaceutical companies by improving operational efficiency, patient acquisition, and loyalty.

Knok's products are utilized in various markets, including Portugal, the United Kingdom, and Brazil, serving a diverse client base of health insurers, medical providers, and national health systems. KnokHealth generates revenue through a business-to-business (B2B) model, providing digital health solutions to healthcare payors and providers on a subscription basis. Clients enter into partnership agreements allowing them to utilize the platform’s capabilities for improved patient engagement and operational efficiencies. Revenue is generated from these subscriptions, where clients pay for access to the platform, including various features and applications.

The company’s offerings likely include customizable patient journey solutions and laboratory testing oversight, supporting enhanced care delivery and management. In November 2021, KnokHealth Portugal, Lda. raised EUR 4. 4 million in venture funding, which will be utilized to develop integrated telemedicine solutions that will leverage the advantages of 5G technology.

The company is focusing on expanding its digital health platform into new markets and geographic regions, although specific markets and timelines for expansion have not been disclosed. These initiatives are part of KnokHealth's strategy to enhance its offerings and reach a broader client base.