Noona Healthcare raises € 1.5 million in Seed Funding

Publication date : 22/11/2016

Noona Healthcare, a cloud-based oncology platform for patient-reported outcomes, announced the completion of a € 1.5 million seed funding round led by Inventure, a Nordic venture capital fund. Other investors in the round included Noaber Ventures, the investment arm of The Noaber Foundation, and Belgium-based digital healthcare fund Capricorn ICT Arkiv.

A global cost crisis in cancer care has created an urgent need for better technological solutions to automate hospital processes and provide more personalized patient support during treatments. With Noona, cancer centers gain the intelligence to improve the quality of cancer care. They can identify severe symptoms earlier and target scarce resources to where they are needed most.

From the very beginning, Noona has been developed together with the world’s leading cancer doctors and researchers – and the results have been nothing short of spectacular. The main partners of the company are Stanford Medicine and Helsinki University Cancer Center. Armed with the new capital, Noona continues scaling the business globally.

The word Noona stands for big sister. The founders of the company created a service that supports cancer patients’ individual needs and enables secure access to their care team, regardless of time and place. The more Noona learns about the patient’s symptoms, lifestyle and wellbeing, the better it becomes in preventing unwanted treatment consequences, such as emergency room visits or paralysis. In addition, Noona provides researchers unique data on the real life safety and efficacy of new novel treatments in different patient groups.

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