Specialist VC and Trind Ventures invests in telemedicine startup DrHouse

Estonian Specialist VC, Trind Ventures, and some business angels from the US have invested $3,5M in telemedicine company DrHouse.

Founded in New York in 2021 by Estonian entrepreneurs Sten Tarro and Ergo Sooru, DrHouse is a platform that offers online medical consultations with doctors and the possibility of receiving a delivery of medicines prescribed by them. The medical providers are qualified to diagnose and treat a wide variety of non-emergency conditions. 

Services include getting a medical excuse for school or work, a new birth control prescription, antibiotic prescription. The clinicians work with migraine treatment, erectile dysfunction, UTI treatment, yeast infection treatment, etc. The startup will use the investment to market its solution.

Founded in Tallinn in 2017, Specialist VC is a venture capital firm that supports companies in the Baltic region, Finland, and Ukraine. The latest €50M fund of Specialist VC is supported by the Estonian LHV pension fund and the European Investment Fund through the European Guarantee Fund and the Baltic Innovation Fund 2. The partners of Specialist VC are Kaspar Hanni, Riivo Anton, Tõnu Esko and Gerri Kodres.

Trind Ventures is an early-stage venture fund with an initial ticket of €0,1M-€1M, and follow-on investments up to €5M per company. The partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola, Taavi Lepmets, and Reima Linnanvirta. In September 2022, the company closed Fund II at €55M. It aimed to invest in 30–40 startups in four years.