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Nelly

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Financial operating system for healthcare administrative automation

Berlin, GermanyFounded 2021Health Tech & Medtech
Valuation $100–250M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
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About Nelly

Nelly Solutions GmbH is a health and fintech company that provides a financial operating system designed to digitize and automate administrative and financial processes for medical practices. Founded in 2021 by Niklas Radner, Lukas Eicher, Rasmus Schults, and Laurids Seibel, the Berlin-based startup aims to reduce the administrative workload for doctors and their staff. The founders, with backgrounds in fintech from companies like Klarna and Delivery Hero, created Nelly to address the inefficiencies they observed in the healthcare sector. Co-founder Niklas Radner, for instance, spent time working in a dental practice to better understand the industry's needs.

The company's core offering is a dual platform comprising a Financial Operating System (FinOS) and a Patient Experience Platform. This system facilitates a fully digital process from patient check-in to payment. For patients, the journey is managed via their smartphones, including digital registration, medical history forms (anamnesis), signing documents with e-signatures, and making payments. For medical practices, the platform automates workflows such as patient intake, document management, and payment processing, integrating with existing practice management software (PMS). Nelly's services are utilized across various medical fields, including dentistry, orthodontics, neurology, radiology, dermatology, and orthopedics.

Nelly's business model is primarily B2B SaaS, and it also operates as a digital factoring provider for the DACH region. Through a partnership with Vereinigte Volksbank Raiffeisenbank (VVRB), medical practices can sell their outstanding receivables to the bank via Nelly's platform, receiving payment typically within 24 hours. This service improves liquidity and reduces the administrative burden of invoicing and collections for practices. The platform supports various payment methods, including credit cards and Apple/Google Pay, and offers patients flexible payment options like installment plans. Key features of the software include digital anamnesis, secure document management, an interactive drawing feature for treatment documents, automated reminders, two-factor authentication, and analytics dashboards.

Since its inception, Nelly has seen significant growth, serving over 1,200 medical practices and more than 2 million patients by early 2025. The company has secured substantial venture capital, including a €50 million Series B funding round in January 2025, led by Cathay Innovation and Notion Capital. This funding is aimed at product development, geographical expansion into other European markets like Italy, and strengthening its market position in Germany.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Berlin, Germany
Employees
191
Open positions
None listed
Dealroom signal
89.4/100
Industry
Health, Fintech
Sub-industry
Health Platform, Payments
Sector
Health Tech & Medtech, Mobile Payment, Tech for Hospitals and Clinics, Tech for Medical Professionals, Health Office Tools, Health It
Technology
Mobile app
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jan 2025 $55M $220M Lakestar · b2venture · Arc investors · Collective Ventures ↗
DEBTDebt Oct 2024 $110M — Vereinigte Volksbank Raiffeisenbank ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Nelly website traffic

Latest recorded traffic for Nelly is 160 monthly website visits. Nelly's team grew 15.1% over the past year.

Latest monthly visits160 1-year team growth+15.1%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A11 investors entered at this stage

  • B.I.F.
  • Lakestar
  • Motive Partners
  • Arc investors
  • Notion Capital
  • Cathay Innovation
  • Collective Ventures
  • MS14 Holding
  • RUBIKON Holding
  • Esmeralda Advisory
  • Varengold

Series B and later1 investor entered at this stage

  • Vereinigte Volksbank Raiffeisenbank
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇩🇪 Germany92.5%
🇬🇧 United Kingdom3%
🇪🇸 Spain2.2%
🇿🇦 South Africa0.8%
🇮🇹 Italy0.8%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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