Wellola, a leading digital patient management company, announced the successful closure of a new €2.2 million funding round. The round was led by Elkstone, with additional funding from Enterprise Ireland and Bay Advisory. This investment brings Wellola’s total funding to date to €4 million, allowing the company to accelerate market expansion to meet growing demand.
Founded in 2016 by chartered physiotherapist and CEO Sonia Neary, Wellola specializes in innovative patient management solutions that deliver high-quality care in a rapidly changing healthcare environment.
Already, major healthcare organizations such as Leeds Teaching Hospitals NHS Trust, the North East London Foundation Trust, and Birmingham Community NHS Trust have deployed Wellola’s award-winning Portasana platform, which has shown impressive results in reducing return appointments and providing better patient outcomes.
In a recent evaluation, over 600 patients using Portasana reported significant improvements in their condition management, with a reduction in hospital visits and increased confidence in self-care.
CEO Sonia Neary highlighted the importance of digital interventions in addressing health inequalities and improving healthcare delivery. The new investment will allow Wellola to enhance its platform further and expand its reach across the UK, empowering healthcare professionals to provide more efficient and personalized care.
As the demand for digital health solutions continues to grow, Wellola’s expansion comes at a critical time, aiming to provide more accessible and patient-centric care delivery models to alleviate the strain on healthcare systems across Europe.
With plans to recruit technical and operational staff across Ireland and the UK, Wellola aims to use the new funding to accelerate its market expansion and support more hospitals and clinics with its innovative communication tools.
