Olaqin

Olaqin is a French company that provides e-health solutions, focusing on optimizing healthcare professionals' revenue processes through advanced software for managing health data, financial transactions, and patient interactions. Founded in 2019 and headquartered in Paris, France, Olaqin specializes in e-health solutions, designed to enhance the operational efficiency of healthcare providers. The company was acquired by Andera Partners in October 2019, although the financial terms of the deal were not disclosed. Olaqin has executed a single deal since its inception, positioning itself within the healthcare technology sector.

Olaqin specializes in e-health solutions designed to secure and streamline the revenue processes of healthcare professionals. Its core offerings include advanced software solutions for the management of health data, financial transactions, and patient interactions, such as SESAM-Vitale billing and teletransmission services for healthcare claims. These products enable healthcare providers, including hospitals, physicians, and pharmacists, to efficiently manage patient billing, insurance claims, and payment processing, enhancing the overall quality of service delivery. Olaqin’s solutions are recognized for their adaptability and user-centric design, allowing easy integration into existing healthcare workflows.

The company serves a diverse client base across various geographical markets in France and potentially other European regions, focusing on meeting the needs of both public and private healthcare sectors. Olaqin generated revenue of EUR 17,983,553. 10 in 2024, with an EBITDA of EUR 2,103,083. 70.

The company primarily employs a subscription-based model for its software solutions, including various service tiers tailored to different healthcare providers. Revenue is generated through direct sales to healthcare institutions and partnerships with medical professionals, ensuring a steady flow of recurring revenue. Olaqin’s services encompass features for billing, patient management, and financial reporting, thereby fostering long-term client relationships through continuous updates and support. Looking forward, Olaqin intends to enhance its service offerings with new product designs and launches aimed at addressing evolving market needs.

The company is planning to expand its operations into additional European markets by the end of 2025. The proceeds from the October 2019 acquisition by Andera Partners will support these strategic initiatives, allowing Olaqin to solidify its presence in the healthcare technology sector.