Follow
Built with specialized doctors and surgeons to offer them to manage their patient files with an intelligent solution.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | €3.8m | Series A | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 275 % | (98 %) | 215 % | - | 141 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 10 % | 9 % | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 8 % | 5 % | (341 %) | (69 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Follow, operating under the legal entity Fw Health, was established in January 2017 by co-founders Jean-Charles Tournon, Nicolas de Nanteuil, and Yoann Bugnet. The company's genesis stems from the founders' firsthand observations of inefficiencies within the healthcare system, particularly the administrative burdens placed on medical practitioners. This experience fueled their mission to develop a solution that streamlines clinical workflows, allowing doctors to dedicate more time to patient care.
The firm targets specialized medical and surgical practitioners across Europe, offering a sophisticated software-as-a-service (SaaS) platform designed to digitize and manage patient records. Its business model is based on subscriptions to this intelligent solution. The platform aims to enhance the daily efficiency of healthcare providers by offering an intuitive interface for handling patient files. By co-developing the software with physicians and surgeons, Follow ensures the product directly addresses the specific needs of its user base. This collaborative approach has been a cornerstone of its strategy since inception.
Follow's core product is a comprehensive patient management system tailored for specialized medical fields. Key features include the ability to create detailed, customizable patient files, automate the generation of documents like prescriptions and reports, and facilitate secure data sharing between practitioners. A significant milestone for the company was a €3.5 million fundraising round in 2021, led by eFounders and a group of business angels, which enabled further product development and team expansion. Another key achievement includes obtaining the HDS (Health Data Hosting) certification, a critical requirement for handling sensitive patient information in France, underscoring its commitment to data security.
Keywords: healthtech, patient record management, clinical workflow, SaaS, medical software, practitioner tools, healthcare administration, specialized medicine, surgical software, e-health