Lisbon-based healthtech startup UpHill raises €4.5 million to guide clinical decisions and improve healthcare quality
Summary
UpHill, a digital health startup that develops software to guide clinical decisions and help hospitals adopt evidence-based best practices, raised a €3.5 million seed round to scale up its product within healthcare institutions worldwide. Eduardo Freire Rodrigues, UpHill CEO and co-founder, explained: “Even within the same hospital, the way each person is treated heavily depends on the medical team by whom each patient is being assisted. As a result, clinicians improve compliance with best practices easily, organizations reduce unwarranted waste, and patients’ outcomes become more predictable.” In 2021, the technology company has quadrupled the number of active users and more than doubled the monthly recurring revenues (MRR). According to UpHill CEO Eduardo Freire Rodrigues, the upcoming times will be marked by significant and transforming advances in their product, making it automated, integrated, and useful from a patient perspective too. Alex Spiro Latsis, partner at Brighteye Ventures, a leading VC firm focusing on startups that empower and expand the frontiers of human potential, explains why they decided to invest: “UpHill provides an innovative solution to measure and close gaps in adherence to best practices in medicine through an intuitive simulation tool, that allows healthcare professionals to train whilst continuing to perform critical services to their communities.
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