VitaPortal, a Russian provider of online and mobile health tools and content aimed at helping people live healthier lifestyles, has closed $2 million in Series A funding, led by Russian investment firm Prostor Capital, and also backed by angel investor Esther Dyson.
This follows a separate $4 million investment in Russian online labour-booking company Eruditor, earlier this month — led by Intel Capital — which operates another Russian health services website, called InfoDoctor.
VitaPortal said the $2 million investment will be used for continued development of user-profile-based personsonalization technology, including online health management tools and a physician and hospital ranking system, to help people make informed choices about their healthcare. It provides online and mobile tools to help its users make healthier choices — and says it now offers more than 30 health measurement and personalization tools. It also provides content for Russian-speaking physicians, and notes that all published materials and tools on its website undergo a “rigorous medical review process” by certified physicians.
The company asserts there is high demand for online health services in Russia, noting that more than one million people used its services in the past six months alone. “Demand for quality online healthcare services in the Russian Internet is incredible, and we are working hard to provide people with health management tools, based on user-generated data. We believe that personalization gives people a much better opportunity to take care of their health,” said Azamat Ulbashev, CEO and co-founder of VitaPortal, in a statement.
Alexey Solovyov, Managing Director, Prostor Capital, added in a statement: “We have been following the development of VitaPortal since the start of operations a year ago and think that they have a great healthcare online service offering and technologies, appealing to both customers and physicians. We see a huge potential in Russia’s online medical segment and believe that VitaPortal’s platform is specifically suited to meet the increasing needs and expectations of people looking for qualified information in the medical field. After extensive analysis of the range of Internet services in this area, we believe that VitaPortal is the clear market leader in this fast growing industry.”
Vitaportal.ru is a Russia based online web portal offering comprehensive and reliable health and medicine information to improve users and their familyes’ health. The medical information published on the portal is all independently reviewed by specialty health care providers and medical institutions to ensure its reliability. The site also has certification by HONcode - the internationally recognized symbol for ethical and credible medical information published on websites. Vitaportal.ru was launched in June 2011 by the team of professionals with more...
Esther Dyson is an active investor in a variety of start-ups, focusing on technology. Her portfolio of private space and air travel investments includes XCOR Aerospace, Space Adventures/Zero G, Icon Aircraft, Coastal Aviation Software and Airship Ventures. She has flown weightless on Zero-G four times, but hopes to go up again soon. She is also the organizer of Flight School, an executive workshop for start-ups in air and space. It’s in hiatus for 2008, but will resume in 2009. On the...
Prostor Capital – is a Russian venture fund, focused on high-profitable investments into the fast-growing companies. Prostor Capital’s investment focus – projects, which are in the stage of stable growth, having technological product, interested in foreign investments for the new development level outcome. These are companies, having efficient niche specialization in various spheres of IT: cloud technologies for small and medium business, new technologies in Internet advertising, software products and services for medicine and education, applications and games for...
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