Estonian healthtech startup Certific raises €7.4M

The Estonian healthtech startup Certific has raised €7.4 million in a seed funding round. The investment platform Plural led the investment to advance remote medical diagnostics, support product expansion, and enter new markets.

• Founded in 2020 by one of Estonia’s fintech unicorn Wise co-founders Taavet Hinrikus, Liis Narusk, and Dr. Jack Kreindler, Certific provides scalable technology that enables remote self-testing, diagnostics, and monitoring for multiple conditions. The solution allows to reduce the cost and improve the convenience for both patients and healthcare providers.
• Plural, which led the seed funding, is a €250 million investment platform set up by four leading European founders to invest in the founders of the next generation of European technology. 
• Specialist VC, an investment firm, which supports founders from Estonia, Latvia, Lithuania, Finland, and Ukraine, and several angel investors also participated in the round.

“Having seen Certific’s work up-close from the start and the combination of medical expertise, technology, and ambition, we’re confident that the business will make a real difference to patients’ experience, especially when it comes to accelerating treatment where it is needed,”

Taavet Hinrikus talks about the investment.

• Certific is working closely with leading organizations like Imperial College London, the University of Tartu, and other independent, internationally recognized academic institutions to validate its processes and professional standards.
• The fresh funding will enable Certific to expand to new markets and evolve its product offering.