Kry

Stockholm, Sweden Founded: 2015 • Age: 11 yrs Unicorn
Online platform offering video appointments with doctors and psychologists for mental health care

About Kry

Kry is a Healthcare company based in Stockholm (Sweden) founded in 2015 by Johannes Schildt, Fredrik Jung Abbou, and Joachim Hedenius. Online platform offering video appointments with doctors and psychologists for mental health care. Kry has raised $703.49 million across 7 funding rounds from investors including Fidelity Investments, Accel and CPP Investments. The company has 926 employees. Kry has completed 3 acquisitions, including MJog, Shim and PBM Sweden. Kry was last valued at $2 billion in April 2021. Kry offers products and services including Online Consultation Platform and Digital Healthcare Integration. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity is KRY International AB. Its competitors include Meela, Competencer and Blue Call; 3 of its 3 listed competitors have raised funding.

Company details

Kry was founded in 2015 in Stockholm, Sweden, as an online platform in the healthcare sector. Video appointments are facilitated for patients to consult with doctors, nurses, or psychologists, focusing on mental health services. Operations center on accessible remote consultations, enabling users across regions to receive care without in-person visits. The platform supports patient scheduling and professional interactions through digital means.

  • Headquarters Stockholm, Sweden
  • Employees 926
  • Founders Johannes Schildt, Fredrik Jung Abbou, Joachim Hedenius
  • Stage Unicorn
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Website kry.health
  • Social LinkedIn X Facebook Instagram
  • Legal Name Kry International Ab
Key Metrics
  • Annual Revenue
    $85.22 K (USD)
    as on Dec 31, 2020
  • Net Profit
    -$92.06 K (USD)
    as on Dec 31, 2020
  • Total Equity Funding
    $703.49M (USD)

    in 7 rounds

  • Latest Funding Round
    $160M (USD), Series D

    Jul 2022

  • Investors
  • Employee Count
    926
  • Investments & Acquisitions
    MJog

    & 2 more

Products & Services of Kry

Kry offers a comprehensive portfolio of products and services, including Online Consultation Platform and Digital Healthcare Integration.

Online Consultation Platform
Telemedicine Service

Enables quick online access to healthcare professionals for consultations.

Digital Healthcare Integration
Health Platform

Facilitates seamless integration of digital and physical care services.

Apps and channels of Kry

Kry publishes 1 mobile app with over 1M+ downloads.

Kry - Healthcare by video
Google Play Medical Everyone Free 1M+ downloads
Developer: KRY International
View on Google Play

Funding Insights of Kry

Kry has successfully raised a total of $703.49M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $160 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $703.49M
  • Total Rounds 7
  • Last Round Series D — $160M
  • Investors Count 9

All 7 funding rounds of Kry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2022Debt – Conventional––
–
Jul 2022$160MSeries D––
Apr 2021$300MSeries D$2BFidelity Investments, CPP Investments
Jan 2020$155MSeries C–Ontario Teachers' Pension Plan
Jun 2018$66MSeries B–Index Ventures
Jun 2017$22.49MSeries A–Accel
Jun 2016Seed–Index Ventures
–
Valuation history
DateValuationStage
Apr 2021$2B••••••••

Last known valuation $2B (Apr 2021). 9 investors in total: 9 institutional.

Investors in Kry

Kry has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Accel and CPP Investments.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology startups and entrepreneurs.
indexventures.com
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Venture capital investments and support services are offered to early-stage tech startups.
creandum.com
Project A is recognized as an early-stage venture capital firm focused on European startups.
2012project-a.comBerlin, Germany
Early-stage ventures are funded across sectors through venture capital.
project-a.vcBerlin, Germany
Pension funds focused on multiple sectors
1990otpp.comToronto, Canada
Provider of private credit solutions
2002pcapital.seStockholm, Sweden
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
1946fidelity.comBoston, United States
Pension fund assets are managed for sustainable long-term growth.
1997cppinvestments.comToronto, Canada
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Investor details for Kry

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  • Round participation
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People of Kry

3 people are tracked at Kry (3 in leadership); the tracked headcount is 926.

NameRoleGroup
Johannes Schildt
Co-FounderLeadership
Fredrik Jung Abbou
Co-FounderLeadership
Joachim Hedenius
FounderLeadership
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Complete people profiles for Kry

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Investments & Acquisitions by Kry

Kry has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MJog, Shim and PBM Sweden.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Patient-provider communication is enabled via text and voice messages.
mjog.comEly, United Kingdom1988Nov 2020••••
Emotional well-being and stress are managed via a psychology-based app.
helloshim.comStockholm, Sweden2015Mar 2019••••
Behavioral psychology and corporate wellness services are provided.
pbm.seStockholm, Sweden1985••••
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Complete acquisition details for Kry

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  • Acquired stakes
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  • Exports

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Timeline of Kry

6 dated milestones of Kry across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kry is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Shim.
  4. Acquisition Acquires MJog.
  5. Milestone Reaches Unicorn status.
  6. Funding Latest funding round, Series D, of $160.0M.

Competitors of Kry

Kry has 3 listed competitors in our database, 3 of them funded. They include Meela, Competencer and Blue Call.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
meelahealth.com2021Gothenburg, Sweden$3.76M
Personalized mental healthcare for women is provided by Meela.
competencer.com2014Stockholm, Sweden$408,308
Users are connected with advisors for video-based tele-counseling sessions.
bluecallapp.com2015Stockholm, Sweden$833,288
Mobile application for psychological counseling in the workplace
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Detailed competitors of Kry

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Verified entity values are shown only after access is granted.

Web traffic of Kry

The website of Kry (kry.health) receives about 7K visits a month.

  • Monthly visits
    7K

    ▼ 31.3% vs previous month

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Related news about Kry

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Frequently Asked Questions about Kry

Kry was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Kry is headquartered in Stockholm, Sweden. It is registered at Stockholm, Stockholm County, Sweden.

Kry is a funded company, having raised a total of $703.49M across 7 funding rounds to date.

Kry has 926 employees.

Annual revenue of Kry is $85.22K as on Dec 31, 2020.

Kry was founded in 2015 in Stockholm, Sweden, as an online platform in the healthcare sector. Video appointments are facilitated for patients to consult with doctors, nurses, or psychologists, focusing on mental health services. Operations center on accessible remote consultations, enabling users across regions to receive care without in-person visits. The platform supports patient scheduling and professional interactions through digital means.

Kry's top competitors include Competencer, Blue Call and Meela.

Kry offers Online Consultation Platform and Digital Healthcare Integration.

Kry has made 3 acquisitions, including MJog, Shim, and PBM Sweden.

Kry has 9 investors. Key investors include Fidelity Investments, Accel, CPP Investments, Ontario Teachers' Pension Plan, and PCP.

The valuation of Kry is $2B as of Apr 2021.

Kry operates through Kry International Ab.

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