Berlin-based HealthTech startup doctorly, which developed Germany’s first absolutely cloud-based, VC-backed and controlled apply 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 at present introduced the withdrawal of its insolvency software.
“doctorly has efficiently been offered to FREY ADV, who’ve bought 100% of the organisation in a share-deal,” mentioned 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 1000’s of shoppers. The German healthcare trade is on the cusp of a significant digital renaissance, & I couldn’t consider a greater new residence for doctorly to take the following large 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Teicke, Anna von Stackelberg, Sebastian Lau and Alexandru Boghean, doctorly set out with a mission to modernise the outdated apply software program utilized in German medical workplaces.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 almost €16 million in complete, together with backing from Simon Capital, Horizons Ventures, UNIQA Ventures, Calm/Storm, Speedinvest, Seedcamp, and The Delta.
El-Alami mentioned that previously eight years doctorly “onboarded 100s of practices, treating a whole lot of 1000’s 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 goal was at all times to keep away from coming into full insolvency – highlighting their give attention to defending jobs, prospects and partnerships.
Ultimately, FREY ADV emerged as an sufficient purchaser. FREY ADV has over three many years of expertise in German healthcare software program, making it a strategic match for doctorly’s know-how and imaginative and prescient.
The acquisition allows 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 software 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 shall be leaving the organisation as of the top of June. The private progress & learnings which have include such an endeavour have been immense, & for this I’m perpetually 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, absolutely 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, based on El-Alami, continues to be dominated by legacy software program programs from the Nineteen Eighties and Nineteen Nineties.
As the corporate enters its subsequent section beneath new possession, Nicklas Teicke, Co-founder of doctorly, made clear that this transition will not be an ending, however somewhat 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 observe of dedication: “Resilience carried us right here, and I couldn’t be prouder. As a result of … we didn’t hear no bell.”
