Medipal Secures KRW 5 Billion in Series A

Medipal, a South Korea-based aftercare SaaS solution company, has secured KRW 5 billion in Series A funding, bringing its total funding to KRW 7 billion.

Bass Investment and Insight Equity Partners, existing investors, participated in this round, with KT Investment joining as a new investor.

With this investment, The company will help first and second-tier clinics become central players in local healthcare and further enhance the continuity of patient care.

Medipal is a digital health startup that operates the patient re-visit management solution AfterDoc for clinics and medical practices. Medipal's AfterDoc platform, launched in 2021, helps medical clinics with post-appointment tasks, patient health monitoring, daily health consulting, and appointment management.

Funding Details

Company: Medipal, Inc.

Raised: KRW 5 Billion

Round: Series A

Funding Month: November 2023

Lead Investors:

Additional Investors: Bass Investment, Insight Equity Partners, KT Investment

Company Website: https://medipal.co.kr/

Software Category: Aftercare SaaS Solution