DEO.care

Founded 2018
Employees 15+
Primary contact
Paalsesteenweg 170
3583 Beringen
Belgium
Sections
DEO has developed an innovative Operating Room Efficiency Platform that helps hospitals implement best operating room (OR) Efficiency practices and support healthcare industry partners leverage value-based healthcare. The goal is to reduce the fatigue of surgical teams, reduce the total cost of surgery, and increase patient volume while maintaining the quality of care. Through a data-driven approach, DEO generates and analyzes efficiency and ergonomics data within the OR to implement best-in-class processes and technology for efficient care delivery.
Founded 2018
Employees 15+
Primary contact
Paalsesteenweg 170
3583 Beringen
Belgium
Sections

Funding πŸ’°

Total €4.65M
Select investors Karista, Capricorn Venture Partners, LRM, OrthoGrow

Key people πŸ§‘β€πŸ€β€πŸ§‘

Highlights ⭐

  • Benefits: Using DEO's platform, the company claims, hospitals get to improve staff well-being, increase OR throughput, optimize financial performance, and improve patient experiences.
  • Making a digital twin: DEO starts by modeling a digital twin of OR operations and simulating different potential improvements that are laid out in a business case. This way, it is able to simulate a variety of scenarios fast!
  • The demand is there: The demand for DEO's solution is eminent to meet increasing patient demand while overcoming medical staff shortages and immense hospital reimbursement pressure. Moreover, the aftermath of the pandemic accelerates this demand to safeguard national healthcare systems. πŸ”—
  • Global reach: The company collaborates with numerous pilot healthcare centers in Europe (Netherlands, Belgium, Germany, Austria, Italy, Switzerland, United Kingdom, Portugal) and the United States to suggest optimal cost-saving measures for hospitals.

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Quotes πŸ’¬

DEO's vision perfectly aligns with our investment strategy to focus on companies that turn data into actionable insights. Healthcare is primed to benefit from digital solutions that are powered by the convergence of human & artificial intelligence. DEO rises to this challenge with its OR efficiency platform that positively impacts the healthcare ecosystem to ensure safe and affordable care.
Antoine D'Hollander, Investment Associate at Capricorn Partners πŸ”—
We're very proud to contribute to DEO's further international growth with this investment. The company has proven its value to be undeniable and recognizing the huge market potential; we firmly believe that DEO stands to play a key role in the way healthcare uses data and analytics to transform the patient pathway.
MichaΓ«l Thomas, Senior Investment Manager at Karista πŸ”—
The fact that DEO already collaborates with hospitals and world-leading medical device companies is an excellent testimony to how the company's technology works to turn real-time, local data into tailored, actionable insights. No doubt, we're thrilled to continue to be part of DEO's journey and contribute smart money to its ambition of supporting healthcare providers and industry to achieve their goals.
Tom Aerts, Head of Investments at LRM πŸ”—
Last update: January 13, 2023