companies

moveUP Therapy

Founded 2015
Employees 30+
Primary contact
Cantersteen 47
1000 Brussels
Belgium
+32 80 08 80 08
Links
https://www.moveup.care/
Sections
Technologies
moveUP has developed a digital solution that provides patients with a personalized rehabilitation plan and healthcare providers with remote, data-driven insights during the follow-up of their patients. This way, moveUP contributes to a reduced rate of complications, readmissions and hospital stays as well as higher patient satisfaction. The company also operates b.clinic, a virtual clinic that allows hospitals to outsource part of the post-surgery care in the area of orthopedics and bariatric. The core platform of moveUP is also used by several major biopharmaceutical and medical device companies as a backbone to support the development and delivery of data-driven care pathways.
Select partners: Partenamut, Ethias, Helan Ziekenfonds, KiOmed Pharma, Axxon, .
Founded 2015
Employees 30+
Primary contact
Cantersteen 47
1000 Brussels
Belgium
+32 80 08 80 08
Links
https://www.moveup.care/
Sections
Technologies

Funding 💰

Total $7M
Last round 🔗 €3.65
May 27, 2021.
Select investors White Fund, Karista, Nina Capital, CAREvolution, Qbic, European Innovation Council, Sambrinvest

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • A reimbursed service: moveUP's solution is reimbursed in the area of orthopedics in Belgium.
  • Cost savings: The reductions in hospital readmissions, as well as rationalization of rehabilitation and other indirect costs, allow insurance companies to save up to €1,700 per patient on average (15% of the total cost of the procedure).
  • The first reimbursed mobile app: moveUP is the first Belgian digital health application conditionally reimbursed by the health insurance. 🔗
  • ISO 27001 certified: In January 2021, the company announced that it has received the ISO 27001 certificate for data protection, processing, storage & transfer from auditor BQS. 🔗
  • Expansion plans: The company is currently reinforcing its presence in the Netherlands, France, Germany and the UK, while exploring the US market. It is also working to develop further and scale its value-based healthcare concept in orthopedics, bariatrics and beyond.

Video ▶️

Quotes 💬

“
We are pleased to co-lead this new investment round to support moveUP's further development. The value of the concept is indisputable for patients, for healthcare providers and for the healthcare system as a whole... As European healthtech specialists, we strongly believe that moveUP is becoming a true game changer, contributing to a more efficient and value-based healthcare system, which we are very proud to support.
— Baudouin Hue, Partner at Karista 🔗
“
As a Belgian investment fund dedicated to the medtech sector, we aim to enrich the existing ecosystem by supporting promising projects that have the potential to revolutionise the healthcare sector. We co-lead this investment round of moveUP as the company's focus is to deliver better clinical outcomes at a lower cost, leading to a better pre- and post-surgery experience and patient satisfaction. We look forward to sharing our expertise with moveUP's team in order to further develop this clinically validated solution, both in Belgium and abroad.
— Michel Baijot, Chairman of White Fund 🔗
“
At Nina Capital, we invest in need-driven health tech companies with international ambitions, and moveUP ticks all the boxes. The solution delivers meaningful clinical and value outcomes, reinventing healthcare with the help of technology. We will support the team of moveUP to navigate the complex landscape of healthcare stakeholders in Spain, Europe and beyond.
— Marc Subirats, Partner at Nina Capital 🔗
“
At CAREvolution, we believe that health is an investment. That is why we support initiatives that have a positive impact on the quality and cost structure of our health system, while improving patient experience. moveUP perfectly fits this philosophy. Their solution contributes to reaching better patient outcomes after orthopaedic and bariatric surgery. We look forward to seeing its impact in other therapeutic areas.
— Jo Dumortier, CEO of CAREvolution 🔗
“
We are proud to be part of the further growth and development of moveUP. It has been exciting to see the amazing progress the company has made since its foundation and we are happy to join the syndicate to support this company to which two of our fund partners (AZ Maria Middelares and VUB) have been and will be contributing meaningfully going forward.
— Jean Van Nuwenborg, Managing Partner at Qbic 🔗
“
With moveUP I have better insights into your unique health challenges before and after a surgery. This helps me provide care that exactly matches your progress and lifestyle.
— Dr. Van Onsem, Orthopaedic surgeon
Last update: May 10, 2023