# Noona Healthcare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/noona-healthcare

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.noona.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Nov 22, 2016)
- Investors on record: 3

## About

Noona Healthcare Oy is a Finnish company specializing in oncology solutions that enhance patient engagement in cancer treatment through innovative digital platforms.Noona Healthcare Oy, founded in 2014 in Helsinki, Finland, provides a digital platform that supports cancer patients throughout their treatment journey. The company was acquired by Varian Medical Systems, Inc. in October 2018, with financial terms undisclosed. Kjartan Thorisson founded Noona, leveraging his expertise to create solutions that empower patients and streamline communication within healthcare teams. The company has raised a total of EUR 1.50 mn through two deals, with the latest funding being a Seed round led by Inventure in 2018.Noona's primary product offering is a digital oncology solution designed to enhance patient engagement during the cancer treatment process. The platform integrates with various Hospital Information Systems (HIS) to automate critical communications, including appointment reminders and clinical reports. By enabling patients to document symptoms and complete quality-of-life questionnaires, Noona fosters active participation in their care. The application supports 12 languages and serves healthcare providers in the Americas, Europe, and Asia-Pacific regions, aiming to improve patient outcomes using Electronic Patient Reported Outcomes (ePROs).In 2023, Noona generated revenue of EUR 61.98 mn and achieved an EBITDA of EUR 7.39 mn. The company's revenue model is based on software subscriptions, which provide healthcare providers access to Noona's features through annual contracts, allowing for seamless integration and ongoing support.Noona Healthcare Oy plans to expand its market presence internationally, specifically targeting additional healthcare providers in Europe and Asia by 2025. The recent Seed funding of EUR 1.50 mn will be utilized to enhance product development and support the launch of new features that increase patient engagement and streamline healthcare operations. With the backing of Varian Medical Systems, Noona aims to leverage its acquisition to amplify its reach and impact in the oncology sector.

## Funding rounds

- Seed, Nov 22, 2016, $1.6M — Capricorn Partners, Inventure, Noaber Foundation

## Investors

- Capricorn Partners (https://capitalatlas.ai/funds/capricorn-partners) — Seed
- Inventure (https://capitalatlas.ai/funds/inventure) — Seed
- Noaber Foundation — Seed