Munich-based Avelios Medical, provider of a modern hospital information system (HIS), has raised €30 million in Series A funding to reach its goal of becoming the leading OS for intelligent patient care.
The funding round was led by Sequoia Capital alongside existing investors Revent and High-Tech Gründerfonds (HTGF).
“Sequoia has consciously turned away from the classic, short-term investment cycle and focuses on companies that solve fundamental problems. The digitization of patient care requires long-term thinking and sustainable innovation. With Sequoia, we can deliver exactly that – a system built to stand the test of time,” says Christian Albrecht, Co-founder of Avelios.
Founded in 2020 by Christian Albrecht, Nicolas Jakob, and Dr. Sebastian Krammer, Avelios Medical looks to innovate medical care with its HIS. During the height of COVID, Dr. Sebastian Krammer spent valuable time counting patients by hand, then reported the results to authorities via fax. And when he and Nicolas Jakob, a software engineer and deep learning expert, tried to expand their research on classifying skin conditions with AI, they quickly discovered hospitals’ antiquated systems couldn’t provide the data they needed.
So they teamed up with Christian Albrecht, a McKinsey alum and previous Co-founder with Nicolas, to solve the problem. And instead of “treating the symptoms” by building on top of outdated legacy software, they decided to take the path of “treating the cause” and tackle the problem at its core, by building a completely new HIS.
Avelios Medical’s HIS 2.0 puts the treatment process at the center of digitisation and, based on structured data, optimises hospital processes, reduces documentation effort, and intelligently connects patient data – from admission to billing.
Sana, one of Germany’s largest private hospital chains with 56 facilities, and renowned university hospitals such as the Hospital of the Ludwig-Maximilians-University Munich or the Hannover Medical School already rely on Avelios’ software and its integrated patient portal.
With SAP exiting the HIS market by 2030, hundreds of German and European hospitals must rethink their system landscape. Avelios believes that this presents a once-in-a-generation opportunity to overhaul hospital IT, elevating the quality of care, and boosting process efficiency.
According to Avelios, preventable medication errors claim 65k lives each year in Germany alone – outpacing road traffic fatalities. They argue that the cause is outdated IT systems, which too often do not make data available at the right time in the right format. For the same reason, according to a study by Marburger Bund, doctors spend more than three hours a day on administrative tasks.
Determined to fix the root cause, Avelios’ three founders built an entire HIS from scratch – designed to empower doctors and nurses, not burden them. The result is an operating system for intelligent patient care designed to seamlessly align with treatment workflows, slashing documentation effort, and connecting data across sectors.
By recording structured data along the entire patient journey, Avelios looks to unlock AI’s full potential – enabling innovations like automated diagnostics.
All data is stored exclusively in “highly secure data centers in Europe or directly in the customers’ local infrastructure“. Thanks to a modular microservice architecture, hospitals can flexibly adapt the system to their specific needs and choose between a step-by-step implementation or a single-step replacement.
Anas Biad, Partner at Sequoia Capital: “Building a complete hospital information system, including documentation, admin, billing, patient portal and more, is not for the faint-hearted, yet this is precisely what Avelios has built. We were astounded by the depth and breadth of the product, as well as the feedback from their customers, which count some of the largest public and private hospitals in Germany. We are thrilled to partner with these exceptional founders and team as they deliver the modern operating system our healthcare deserves.“
Read the orginal article: https://www.eu-startups.com/2025/02/healthtech-startup-avelios-medical-secures-e30-million-to-modernise-hospital-it-systems/
