Female-founded digital health company Wellola raises 2.2m [Video]

Irish female-founded digital health firm Wellola has closed a €2.2m funding round led by Elkstone with additional funding from Enterprise Ireland and Bay Advisory, bringing total investment in the company to €4m to date.

Founded by chartered physiotherapist Sonia Neary in 2016, Wellola has developed patient management solution Portasana, which is used by healthcare organisations such as Leeds Teaching Hospitals NHS Trust, the North East London Foundation Trust and Birmingham Community NHS Trust.

Portasana has been integrated with core NHS systems and electronic patient records to better help staff curate digital care pathways for their patients.

One NHS Trust department using Portasana has reduced the need for return appointments by 30%, resulting in a cost saving of approximately £325,000.

In a representative evaluation of 600 patients in the UK using education courses featured on the platform, 95% have a better understanding of their conditions, 91% feel more confident about managing their condition, 88% feel more confident about what to do if their condition …