1. Startup

Medigo Announces Pre Series A Funding, to Expand with Clinic Supply Chain

Venturra Discovery, Golden Gate Ventures and Kenangan Kapital are participated in this round

Healthtech startup Medigo announced it has secured pre-series A funding of an undisclosed amount. There are three investors involved in this new funding, the existing Venturra Discovery, and two new investors: Golden Gate Ventures and Kenangan Kapital participated as an angel investor by Kopi Kenangan's Co-founder, Edward Tirtanata.

In his interview with DailySocial, Co-founder and CEO of Medigo Harya Bimo revealed that this new funding will support the company's expansion plan to focus on becoming a clinic chain provider in Indonesia.

"Previously, the clinic chain was one of Medigo's initiatives to strengthen the healthcare ecosystem in Indonesia. We are now focus on becoming a clinic chain. So, our revenue stream will be mainly from clinics," said the man better known as Bimo.

On a separate occasion, Edward Tirtanata revealed his reasons for being involved as an angel investor in Medigo. He considered that currently there is still a big gap in the Indonesian health industry. It is undeniable that the clinic is quite the main goal of the Indonesian people considering the high cost of the hospital (RS).

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