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“We didn’t hear no bell” – German HealthTech startup doctorly kept from insolvency in full acquisition

  • Berlin-based HealthTech startup doctorly has been acquired in full by FREY ADV, marking a turn of events from insolvency to successful acquisition.
  • The acquisition allows doctorly to continue operations under FREY ADV, a longstanding software provider in the German healthcare market.
  • Founded in 2018, doctorly aimed to modernise practice software, and its cloud-based solution saw success after facing insolvency earlier this year.
  • After the acquisition, doctorly withdraws its insolvency application, with the remaining co-founders continuing under new ownership to further digitize healthcare infrastructure in Germany.

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