Stuttgart-based Qrago receives €2.7M seed financing – strong growth trajectory continues
Fueling Growth in Digital Healthcare Logistics
Qrago, a leading provider of software solutions in the healthcare sector, announces the successful completion of a seed financing round of €2.7 million.
The investment was led by venture capital funds āltitude and MobilityFund, with continued support from existing investors, including Segenia Capital and capacura. The funding will accelerate Qrago’s digitalisation of healthcare logistics and patient transport services, further strengthening its market leadership in Germany and enabling expansion into Austria and Switzerland.
Qrago optimises the transport of patients, laboratory samples, and materials through its innovative platform, which provides real-time transparency, dynamic tour planning, and seamless integration into existing hospital information systems (HIS). Currently, the company collaborates with over 200 clinics and 1,700 transport service providers, processing more than 50,000 transports each month. This highlights both its rapid growth and the increasing demand for reliable, digitally managed logistics solutions in healthcare.
The Stuttgart-based company has emerged as a key player in the German hospital market, covering over 10% of the sector. To support its expansion, Qrago will broaden its service offering to include material and laboratory transport and large-scale logistics solutions for hospital networks.
In addition to securing new funding, Qrago recently became one of the few providers in the market to achieve C5 certification from the German Federal Office for Information Security (BSI). This accreditation confirms Qrago’s adherence to the highest security standards for cloud-based services, reinforcing its commitment to data protection and operational excellence.
Furthermore, the company has announced strategic partnerships with major industry players such as Uber (transport) and Debeka (health insurance). These collaborations will enhance Qrago’s service offering, increasing its reach and further embedding its platform into the healthcare ecosystem.
Dr Jan-Christoph Rickers, Managing Director at MobilityFund, commented:
A competitor of Qrago originally approached our team. We immediately found the market attractive, but the solutions previously offered were inadequate.
While conducting a competitor analysis, we discovered Qrago, whose product and team we consider to be far superior – which is why we have now invested as part of the seed financing round.
Ingo Drexler, General Partner at āltitude, added:
Our investment in Qrago reflects our confidence in the founding team, who have demonstrated deep industry expertise and an innovative approach to a market that has remained largely undigitised.
With its specialised logistics platform for the healthcare market, Qrago has already secured a strong position, but we see enormous growth potential for the company in the future.
Alexander Kunze, Managing Director at Qrago, stated:
We are proud to have such strong investors fully aligned with our vision. Our success underscores the vital role of efficient logistics solutions in the healthcare sector. With this new financing, we will continue to develop our markets horizontally and vertically – material and laboratory transports are just the beginning.
We also see significant potential in large-scale logistics for clinic networks. We plan to double our reach this year and expand into Austria and Switzerland.
With a strong technological foundation, strategic partnerships, and a growing footprint in the European market, Qrago is set to drive the digital transformation of healthcare logistics, making patient transport and medical material delivery more efficient and cost-effective.
0 comments