Berlin-based HealthTech startup doctorly, which developed Germany’s first totally cloud-based, VC-backed and controlled observe administration software program, has been acquired in full by FREY ADV, a longstanding software program supplier within the German healthcare market.
The 100% share-deal marks a flip of occasions for the startup, which right this moment introduced the withdrawal of its insolvency utility.
“doctorly has efficiently been offered to FREY ADV, who’ve bought 100% of the organisation in a share-deal,” stated CEO and Co-founder Samir El-Alami in a public assertion. “FREY has been constructing software program for German healthcare over the previous 35 years & is likely one of the main software program suppliers in Germany, serving hundreds of shoppers. The German healthcare trade is on the cusp of a significant digital renaissance, & I couldn’t consider a greater new house for doctorly to take the subsequent massive step.”
Based in 2018 by Samir El-Alami, Nicklas Teicke, Anna von Stackelberg, Sebastian Lau and Alexandru Boghean, doctorly set out with a mission to modernise the outdated observe software program utilized in German medical workplaces.
The core software program was launched in 2022, presenting a cloud-first strategy to managing medical data, billing, appointments and prescriptions – an providing largely unavailable within the historically native and on-premise German well being IT panorama.
Doctorly had raised nearly €16 million in total, together with backing from Simon Capital, Horizons Ventures, UNIQA Ventures, Calm/Storm, Speedinvest, Seedcamp, and The Delta.
El-Alami stated that previously eight years doctorly “onboarded 100s of practices, treating a whole lot of hundreds of sufferers“, and that it was “The primary tech-startup in German historical past to be regulated.“
In March 2025, nonetheless, El-Alami introduced that doctorly had filed for preliminary insolvency following unsuccessful efforts to shut a brand new funding spherical throughout the desired timeline. In an replace, El-Alami emphasised that the group’s purpose was at all times to keep away from getting into full insolvency – highlighting their give attention to defending jobs, prospects and partnerships.
Ultimately, FREY ADV emerged as an ample purchaser. FREY ADV has over three many years of expertise in German healthcare software program, making it a strategic match for doctorly’s expertise and imaginative and prescient.
The acquisition permits doctorly to proceed operations and align with an organization embedded within the digital well being transformation in Germany.
With the sale now full, doctorly has withdrawn its insolvency utility and confirmed that operations are persevering with as regular. El-Alami additionally introduced his departure from the corporate, efficient on the finish of June, ending an eight-year chapter since founding the corporate.
“After 8 years, since founding & main the corporate within the function of CEO, I will probably be leaving the organisation as of the top of June. The non-public development & learnings which have include such an endeavour have been immense, & for this I’m without end grateful,” added El-Alami.
Doctorly’s remaining Co-founders – Teicke, Lau, Boghean and von Stackelberg – will stay with the corporate beneath FREY ADV’s possession.
FREY ADV is predicted to leverage doctorly’s cloud-native, totally regulated SaaS product to broaden its digital providing and broaden additional within the main care software program sector.
The acquisition additionally highlights the broader urgency and potential within the digitisation of healthcare infrastructure in Germany, a market that, in accordance with El-Alami, remains to be dominated by legacy software program methods from the Nineteen Eighties and Nineties.
As the corporate enters its subsequent section beneath new possession, Nicklas Teicke, Co-founder of doctorly, made clear that this transition just isn’t an ending, however reasonably a brand new starting grounded in a strong basis and mission.
Teicke tied the sentiment to a phrase that grew to become one thing of a rallying cry throughout the group: “I didn’t hear no bell.” Repeating the road from the movie Rocky, he closed with a word of willpower: “Resilience carried us right here, and I couldn’t be prouder. As a result of … we didn’t hear no bell.”
