Avelios Medical: Revolutionizing Hospital IT with €30 Million Boost
February 7, 2025, 9:34 am
In the heart of Munich, a health tech revolution is brewing. Avelios Medical, a startup founded in 2020, has secured €30 million in Series A funding. This infusion of capital is not just a financial milestone; it’s a lifeline for a healthcare system struggling under the weight of outdated technology.
Avelios Medical aims to modernize hospital information systems (HIS) and become the operating system for intelligent patient care. The founders—Christian Albrecht, Nicolas Jakob, and Dr. Sebastian Krammer—have witnessed firsthand the chaos wrought by antiquated systems. During the COVID-19 pandemic, Dr. Krammer spent hours counting patients by hand, only to report the numbers via fax. This experience was a wake-up call. It highlighted the urgent need for a new approach to hospital data management.
The current landscape is bleak. Most hospitals rely on systems developed in the 1990s. Data is often unstructured, interoperability is a dream, and user interfaces are clunky at best. This technological stagnation has dire consequences. Inefficiencies abound, and patient outcomes suffer. Avelios Medical seeks to change this narrative.
Instead of patching up old systems, Avelios has taken the bold step of building a new HIS from the ground up. This is akin to tearing down a crumbling building and erecting a modern skyscraper in its place. The result is a comprehensive platform that encompasses everything from electronic health records (EHR) to billing and patient portals. It’s designed to streamline processes and reduce the administrative burden on healthcare professionals.
The timing of Avelios’ funding could not be better. With SAP planning to exit the HIS market by 2030, over 1,000 hospitals in Germany face a pressing need to rethink their IT infrastructure. This creates a golden opportunity for Avelios to step in and fill the void. The startup is not just responding to market demands; it’s poised to lead a transformation in healthcare IT.
The founders’ vision is clear: empower healthcare providers. By minimizing documentation efforts and intelligently connecting patient data, Avelios aims to free up doctors and nurses to focus on what truly matters—patient care. The company’s HIS 2.0 is designed to align seamlessly with treatment workflows, making it easier for healthcare professionals to do their jobs.
Avelios is not just about efficiency; it’s about safety. According to the company, preventable medication errors claim 65,000 lives each year in Germany alone. These tragedies often stem from outdated IT systems that fail to deliver data in a timely and usable format. By addressing these root causes, Avelios hopes to significantly improve patient safety and outcomes.
The modular architecture of Avelios’ system allows hospitals to customize their implementation. They can choose to adopt the system in stages or replace their entire infrastructure in one go. This flexibility is crucial in a sector where change is often met with resistance. Avelios understands that hospitals are not just looking for a new system; they need a partner in their digital transformation journey.
The funding round was led by Sequoia Capital, a powerhouse in venture capital. Their confidence in Avelios speaks volumes. Sequoia’s investment is not merely financial; it’s a vote of confidence in the team’s ability to execute their vision. The feedback from existing customers, which includes some of Germany’s largest public and private hospitals, has been overwhelmingly positive. This endorsement is a testament to the product’s depth and breadth.
As the healthcare landscape evolves, so too does the demand for AI solutions. Avelios is well-positioned to leverage this trend. By recording structured data throughout the patient journey, the company aims to unlock the full potential of artificial intelligence. Innovations like automated diagnostics could soon become a reality, transforming the way healthcare is delivered.
Data security is another cornerstone of Avelios’ approach. All information is stored in highly secure data centers in Europe or within the customers’ local infrastructure. This commitment to security is vital in an era where data breaches are all too common. Hospitals can trust that their sensitive information is protected.
The road ahead is challenging, but Avelios is undeterred. The founders are driven by a mission to revolutionize healthcare. They understand that building a complete hospital information system is no small feat. Yet, they are committed to tackling the complexities head-on. Their journey is a testament to the power of innovation and determination.
In conclusion, Avelios Medical is not just another startup; it’s a beacon of hope for a healthcare system in dire need of modernization. With €30 million in funding, the company is poised to make waves in the industry. By addressing the root causes of inefficiency and prioritizing patient care, Avelios is setting a new standard for hospital IT. The future of healthcare is bright, and Avelios is leading the charge.
Avelios Medical aims to modernize hospital information systems (HIS) and become the operating system for intelligent patient care. The founders—Christian Albrecht, Nicolas Jakob, and Dr. Sebastian Krammer—have witnessed firsthand the chaos wrought by antiquated systems. During the COVID-19 pandemic, Dr. Krammer spent hours counting patients by hand, only to report the numbers via fax. This experience was a wake-up call. It highlighted the urgent need for a new approach to hospital data management.
The current landscape is bleak. Most hospitals rely on systems developed in the 1990s. Data is often unstructured, interoperability is a dream, and user interfaces are clunky at best. This technological stagnation has dire consequences. Inefficiencies abound, and patient outcomes suffer. Avelios Medical seeks to change this narrative.
Instead of patching up old systems, Avelios has taken the bold step of building a new HIS from the ground up. This is akin to tearing down a crumbling building and erecting a modern skyscraper in its place. The result is a comprehensive platform that encompasses everything from electronic health records (EHR) to billing and patient portals. It’s designed to streamline processes and reduce the administrative burden on healthcare professionals.
The timing of Avelios’ funding could not be better. With SAP planning to exit the HIS market by 2030, over 1,000 hospitals in Germany face a pressing need to rethink their IT infrastructure. This creates a golden opportunity for Avelios to step in and fill the void. The startup is not just responding to market demands; it’s poised to lead a transformation in healthcare IT.
The founders’ vision is clear: empower healthcare providers. By minimizing documentation efforts and intelligently connecting patient data, Avelios aims to free up doctors and nurses to focus on what truly matters—patient care. The company’s HIS 2.0 is designed to align seamlessly with treatment workflows, making it easier for healthcare professionals to do their jobs.
Avelios is not just about efficiency; it’s about safety. According to the company, preventable medication errors claim 65,000 lives each year in Germany alone. These tragedies often stem from outdated IT systems that fail to deliver data in a timely and usable format. By addressing these root causes, Avelios hopes to significantly improve patient safety and outcomes.
The modular architecture of Avelios’ system allows hospitals to customize their implementation. They can choose to adopt the system in stages or replace their entire infrastructure in one go. This flexibility is crucial in a sector where change is often met with resistance. Avelios understands that hospitals are not just looking for a new system; they need a partner in their digital transformation journey.
The funding round was led by Sequoia Capital, a powerhouse in venture capital. Their confidence in Avelios speaks volumes. Sequoia’s investment is not merely financial; it’s a vote of confidence in the team’s ability to execute their vision. The feedback from existing customers, which includes some of Germany’s largest public and private hospitals, has been overwhelmingly positive. This endorsement is a testament to the product’s depth and breadth.
As the healthcare landscape evolves, so too does the demand for AI solutions. Avelios is well-positioned to leverage this trend. By recording structured data throughout the patient journey, the company aims to unlock the full potential of artificial intelligence. Innovations like automated diagnostics could soon become a reality, transforming the way healthcare is delivered.
Data security is another cornerstone of Avelios’ approach. All information is stored in highly secure data centers in Europe or within the customers’ local infrastructure. This commitment to security is vital in an era where data breaches are all too common. Hospitals can trust that their sensitive information is protected.
The road ahead is challenging, but Avelios is undeterred. The founders are driven by a mission to revolutionize healthcare. They understand that building a complete hospital information system is no small feat. Yet, they are committed to tackling the complexities head-on. Their journey is a testament to the power of innovation and determination.
In conclusion, Avelios Medical is not just another startup; it’s a beacon of hope for a healthcare system in dire need of modernization. With €30 million in funding, the company is poised to make waves in the industry. By addressing the root causes of inefficiency and prioritizing patient care, Avelios is setting a new standard for hospital IT. The future of healthcare is bright, and Avelios is leading the charge.