2024-05-28

Curoflow Raises SEK 16 Million – Grows 270% in One Year

Curoflow, a leading Swedish SaaS provider for healthcare organizations, has raised SEK 16 million in new funding. The round is led by Silicon Gardens, a Slovenia-based venture capital firm investing in European B2B SaaS startups. Other participants include Impact Invest Sweden and several private investors. Existing backers such as Linbo Invest, Almi Invest, Arutua AB, and Fore C Investment also joined the round.

The year of 2023 marked Curoflow’s first full year in commercial operation and a significant milestone in its international expansion. The company entered five new markets beyond Sweden and grew monthly recurring revenue (MRR) by 270% year over year.

The capital will be used to support continued growth both in Sweden and internationally, as well as to make strategic hires across key functions.

“Looking back, it’s been a fast-paced 12 months — we’ve had both successes and setbacks. Fortunately, we’ve mostly gotten things right, and this funding round is strong validation of that, especially in today’s tough capital market. We’re grateful for the ongoing support from new and existing investors and are excited for what lies ahead in 2024. We differentiate ourselves from other healthtech SaaS companies, and this funding enables us to build in a way that delivers long-term value — for us and, more importantly, for our current and future customers and partners,”

Alexander Knezevic, CEO at Curoflow

Silicon Gardens VC, the lead investor, sees Curoflow as a strong player in a rapidly evolving healthcare space:

“Curoflow offers a highly scalable SaaS platform with the potential to improve patient access and save healthcare providers significant time. The digital care landscape is evolving fast, and we’re seeing a shift toward hybrid models that combine physical and digital services. We’re impressed by what the Curoflow team has achieved and look forward to supporting their continued growth,”

Vuk Lau, Partner at Silicon Gardens VC

For media inquiries:

Alexander Knezevic, CEO, Curoflow
alexander@curoflow.se

About Curoflow

Curoflow is a Swedish healthtech company offering one of Europe’s most comprehensive cloud-based platforms for digital and hybrid patient care. Its tools span digital triage, secure messaging, video consultations, intake forms, and workflow automation. The platform is designed to reduce waiting times, streamline daily work for healthcare professionals, and make future-proof digital tools accessible and secure.

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