Sqior Medical develops AI-supported assistance systems that provide information to hospital staff, simplify clinical tasks, and automate administrative processes. The Munich-based health tech startup has now secured four million euros in a seed financing round. The round is led by Helsana HealthInvest and Vorwerk Ventures. Existing investors QAware and WCap are also participating. The startup plans to use the newly raised capital, among other things, for its Europe-wide expansion.
Better use of scarce resources
Sqior Medical develops digital assistance systems designed to support clinical staff in their work and enable more efficient patient treatment. The focus is on occupancy management, the operating room, and the perioperative process to ensure optimal collaboration between different professional groups, departments, and individuals.
The Munich-based startup's software consolidates information from various sources and ensures that everyone involved is always up to date. This allows changes in the process to be communicated immediately and tasks to be assigned automatically. This is intended to reduce the time spent on queries and information searches and to better utilize scarce resources such as staff, operating rooms, and medical equipment.
“Our goal is to fundamentally improve everyday clinical practice”
Philipp Wolf, CEO of Sqior, is pleased with the current financing round:
"Hospitals are under immense pressure: rising patient numbers, growing bureaucracy, and an acute shortage of skilled workers. Our digital assistants relieve the burden on medical staff by automating processes and supporting informed decisions in real time. With the support of Helsana HealthInvest and Vorwerk Ventures, we are able to take our technology to the next level and reach even more hospitals in Europe. Our goal is to fundamentally improve everyday hospital life – for doctors, nurses, and, above all, for patients. This financing round brings us a big step closer to this goal."