“We didn’t hear no bell” – German HealthTech startup doctorly kept from insolvency in full acquisition

Berlin-based HealthTech start-up doctorly, which created Germany’s initial totally cloud-based, VC-backed and controlled technique administration software application, has actually been obtained completely by FREY ADV, a historical software application company in the German health care market.

The 100% share-deal marks a turn of occasions for the start-up, which today introduced the withdrawal of its bankruptcy application.

” doctorly has actually efficiently been marketed to FREY ADV, that have actually acquired 100% of the organisation in a share-deal,” stated chief executive officer and Founder Samir El-Alami in a public declaration. ” FREY has actually been developing software application for German health care over the previous 35 years & is just one of the leading software application distributors in Germany, offering countless consumers. The German health care market goes to the cusp of a significant electronic renaissance, & I can not assume of a much better brand-new home for doctorly to take the following large action.”

Established In 2018 by Samir El-Alami, Nicklas Teicke, Anna von Stackelberg, Sebastian Lau and Alexandru Boghean, doctorly laid out with an objective to modernise the out-of-date technique software application made use of in German clinical workplaces.

The core software application was introduced in 2022, providing a cloud-first strategy to taking care of clinical documents, invoicing, consultations and prescriptions– an offering mostly not available in the generally regional and on-premise German health and wellness IT landscape.

Doctorly had raised nearly €16 million in total, consisting of support from Simon Funding, Horizons Ventures, UNIQA Ventures, Calm/Storm, Speedinvest, Seedcamp, and The Delta.

El-Alami stated that in the previous 8 years doctorly “ onboarded 100s of methods, dealing with numerous countless people“, which it was “ The initial tech-startup in German background to be controlled.“

In March 2025, nonetheless, El-Alami introduced that doctorly had actually declared initial bankruptcy adhering to not successful initiatives to shut a brand-new financing round within the wanted timeline. In an upgrade, El-Alami stressed that the group’s goal was constantly to prevent getting in complete bankruptcy– highlighting their concentrate on safeguarding work, consumers and collaborations.

At Some Point, FREY ADV became an appropriate purchaser. FREY ADV has more than 3 years of experience in German health care software application, making it a critical suit for doctorly’s innovation and vision.

The procurement makes it possible for doctorly to proceed procedures and line up with a business installed in the electronic health and wellness improvement in Germany.

With the sale currently full, doctorly has actually withdrawn its bankruptcy application and verified that procedures are proceeding as typical. El-Alami likewise introduced his separation from the firm, reliable at the end of June, finishing an eight-year phase because starting the firm.

” After 8 years, because starting & leading the firm in the duty of chief executive officer, I will certainly be leaving the organisation since completion of June. The individual development & discoverings that have actually included such an effort have actually been enormous, & for this I am permanently thankful,” included El-Alami

Doctorly’s continuing to be Founders– Teicke, Lau, Boghean and von Stackelberg– will certainly continue to be with the firm under FREY ADV’s possession.

FREY ADV is anticipated to take advantage of doctorly’s cloud-native, totally controlled SaaS item to expand its electronic offering and broaden better in the health care software application field.

The procurement likewise highlights the more comprehensive necessity and possibility in the digitisation of health care framework in Germany, a market that, according to El-Alami, is still controlled by heritage software application systems from the 1980s and 1990s.

As the firm enters its following stage under brand-new possession, Nicklas Teicke, Founder of doctorly, explained that this shift is not a finishing, yet instead a clean slate based in a strong structure and goal.

Teicke linked the view to an expression that ended up being something of a rallying cry within the group: ” I really did not listen to no bell.” Duplicating the line from the movie Rocky, he gathered a note of resolution: ” Durability brought us right here, and I could not be prouder. Since … we really did not listen to no bell.”

The blog post “We didn’t hear no bell” – German HealthTech startup doctorly kept from insolvency in full acquisition showed up initially on EU-Startups.