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German startup Medlanes raises money from AXA Strategic Ventures

Medlanes

Berlin-based start-up Medlanes has raised an undisclosed amount of money from AXA Strategic Ventures, which is a venture arm of French insurance giant.

The company is offering a service that combines the ease of online and mobile use with the quality and reliability of a doctor’s appointment. To that end, it has developed an artificial intelligence technology that provides initial medical diagnosis from a simple photo and a description of symptoms. From there, the service — which is available from the web and mobile app — can direct the user to a qualified specialist.

“Companies like Medlanes have built a unique digital tool to better understand users and patients and provide them with personalized service,” Minh Q. Tran, General Partner at AXA Ventures, said in a statement. “Medlanes has developed an innovative approach to healthcare.”

With this investment, Medlanes will be able to expand its offering and enter new markets such as France or the United Kingdom. “We will also continue to enhance our product and add to our range of services,” said Medlanes founder Dr. Emil Kendziorra. Moreover, and this is where Axa kicks in, Medlanes also plans to step up its cooperation with insurers to offer a comprehensive, high-quality service.

In addition to Axa Ventures, Medlanes’ investors also include Microsoft Ventures, Rheingau Founders and Rouven Dresselhaus.

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