Wellola raises €1 million for growth

Wellola is delighted to announce that we have raised €1 million in funding from Business Venture Partners (BVP) to support the growth of our healthcare communications platform in Ireland, the UK and across Europe.

This news follows on from recent announcements of large NHS contracts secured in England, including Leeds Teaching Hospital NHS Trust and Birmingham Community NHS Foundation Trust, and will enable us to fund our expansion in existing and new markets.

The Wellola team believes only the sickest of the sick should be hospitalised and that the future of healthcare is preventative, community-based and supported by digital tools. Ensuring high quality care that is effective, efficient, equitable, accessible and acceptable to patient users underpins all that Wellola does.

Built by clinicians for clinicians, Wellola is very much aligned with the key deliverables of modern-day healthcare providers- to improve the flow of healthcare information between patients and their care-providers and to shift of care out of acute hospital setting into the community. Wellola’s communications platform is rich in functionality, highly modularized & interoperable. It is a platform rather than point solution, incorporating eight core communications modules. These modules support our clients as their communication needs grow, complimenting existing systems to offer everything from appointment management to remote care delivery via our symptom tracking, video and remote device connectivity modules, all fully integrated and interoperable with the key incumbent technologies in a given healthcare ecosystem.

Sonia Neary, CEO, and founder of Wellola said:

Our vision is very much a European wide one. We want to be Europe’s most accessible portal. This investment gives us the ability to deepen our partnerships and broaden our commercial footprint. More importantly, it will place our solution in the hands of more patients who, we believe, should have access to and be able to contribute to aspects of their healthcare record.

Elliott Griffin, MD, and Founder of BVP said:

BVP believes in digital tools to enhance patient care in healthcare, and we have been impressed by the interest in Wellola, from large healthcare providers in the UK.

Wellola is delighted it now has the strong, financial foundations in place to continue our growth journey – building on our success in Ireland, expanding on our success in the UK and developing into a new country market across Europe.

About Wellola

Wellola was established in Ireland in 2016 and set up its UK subsidiary in 2019. Wellola currently serves a variety of public and private healthcare organisations in Ireland and the UK. Customers include Leeds Teaching Hospital NHS Trust, Birmingham Community NHS Foundation Trust, Nutricia Danone (making our solution available to 170 Nursing Homes in Ireland). Wellola also collaborated with the Health Service Executive’ Digital Transformation Team during the onset of COVID-19, to offer our platform to all Irish GPs. Additionally Wellola supports both Allied Health and Mental Healthcare professionals, being the provider of choice for the British Association of Counsellors and Psychotherapists, Dublin Simon, Accord Dublin among others. Wellola is available for procurement via competitive the NHS G-Cloud 12 Framework and Digital First Online Consultation Video Consultation Frameworks, which service the NHS.

Wellola’s communications platform is rich in functionality, highly modularized & interoperable, incorporating eight core modules:

• Secure Patient Portal- accessible via desktop or app

• View Patient Record: Integrated with EPR via FHIR APIs

• Secure Messaging (1:1, Broadcast, Automated, Manual)

• Appointment management

• Customisable Educational Resource Library

• Online Forms & Assessments

• Symptom Tracker

• Device/ Wearables Connectivity

• Video Consultations

Further Information

Name: Sonia Neary

Web: www.wellola.com

Email: sonia@wellola.com

Phone: +35312988132

Sonia Neary is the CEO and co-founder of Wellola. Wellola is an innovative Irish digital health software company, whose founders believe only the sickest of the sick should be hospitalised and that the future of healthcare is preventative, community-based and supported by digital tools.

With over seventeen year's previous experience working as a Physiotherapist in the Irish healthcare setting, Sonia is a big believer in leveraging digital technology to support hospital-at-home and self-management care models. She champions Wellola's mission to offer care-enabling technology, which arms clinicians to keep well people well (and treat those that are unwell) in the community where possible, maximising clinical & economic outcomes & optimising patients’ healthcare experiences.

In 2019, Sonia was honoured to represent Ireland as a finalist in the global ‘Women Who Tech’ awards in Paris and to accept the ‘Integrated Care’ award from the Irish Medical & Surgical Trade Association on behalf of Wellola.