TLDR:
- Portuguese technology company UpHill secured €7 million in Series A funding.
- Investors include Explorer, Redstone, EnjoyVenture, Brighteye Ventures, Maze, Caixa Capital, and Grupo Luz Saúde.
UpHill, a Lisbon-based technology company, has successfully closed a Series A funding round of €7 million led by new investors Explorer and the joint Social Impact fund of Redstone and EnjoyVenture. Existing investors such as Brighteye Ventures, Maze, Caixa Capital, and Grupo Luz Saúde also participated in the round. The funding will accelerate UpHill’s ability to scale internationally, following recent partnerships with major hospitals in Spain and Portugal, covering approximately 25% of the Portuguese population.
Founded in 2015, UpHill specializes in orchestrating and automating care journeys for hospitals and patients. The company’s innovative technology acts as an autopilot for doctors and nurses, increasing healthcare team capacity and improving clinical outcomes for patients. UpHill aims to double its team by the end of the year, with positions opening in software engineering, biomedical engineering, business development, and more, both in Portugal and abroad.
The funding round will also support UpHill’s aggressive expansion plans as the company aims to become a prominent force in the European healthcare sector. With a total capital raised of €12 million, UpHill is already collaborating with hospitals in Spain and has launched a digital health service called Liber, which offers 24/7 access to healthcare through a mobile app.
