The High-Tech Gründerfonds (HTGF) is investing a million euro sum in a health app named LifeTime during a seed round together with the Innovationsstarter Fonds Hamburg (IFH) and an investment group consisting of doctors, lawyers and companies. This young, Hamburg-based company was founded by doctor and entrepreneur Dr. Johannes Jacubeit to drive the digital transformation in hospitals and doctors’ surgeries. However, the exact amount of the investment has not been disclosed.
Vital signs available on smart phone
The founder said: “Although doctors are still surrounded by high-tech gadgets, the patient still receives handwritten notes and CDs after the appointment. They do not go well together.” The LifeTime app will allow patients to save and manage digital information about their health on personal smart phones. After visiting a doctor, data such as diagnostic findings or X-rays can then be uploaded onto the app. This is facilitated by small, connection hardware for doctors’ surgeries and hospitals. Conversely, patients can also give their doctors fast and direct access to preliminary findings or to vital data saved on personal smart phones.
Trial run in 20 doctors’ practices
Jacubeit described the product, saying: “This technology allows patients to carry, access and share their vital information at all times.” On the other hand, I, as a doctor, get a more complete view of the patient and can thus offer improved treatment – without any paper or cumbersome administration expenses.” At present, LifeTime is being tested in 20 doctors’ surgeries across Hamburg. New funds will enable domestic growth and abroad. The hardware for doctors can be ordered from mid 2016 on the LifeTime.eu web page.
“Since the founding of connected-health.eu GmbH at the end of 2014, the team and I have received incredible support from the Hamburg start-up ecosystem,” said Jacubeit, adding, “The InnoRampUp programme has made a considerable contribution to the company’s success so far and is a unique, municipal subsidy. Overall, the city and the nextMedia.Hamburg initiative are great towards start-ups and help ensure that Hamburg positions itself as an important location in Europe and across the globe for founders.”
Sources and further information: