Indonesia-based healthtech startup Klinik Pintar has secured US$5 million in an oversubscribed Series A extension funding round led by Altara Ventures.
Infocom, Golden Gate Ventures, Skystar Capital, and Venturra participated.
With the new funds, Klinik Pintar aims to expand its network and product offerings.
Founded by serial entrepreneur Harya Bimo in 2018, Klinik Pintar employs technology to integrate clinics into a holistic health ecosystem, providing a broad array of healthcare services such as doctor consultations, nursing, medicine, laboratory tests, and vaccinations for all ages. These services are available through walk-ins, virtual clinics via teleconsultation, and home services.
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Its software platform, Aplikasi Klinik Pintar (AKP), is connected to Indonesia’s Ministry of Health (SatuSehat), the National Health Insurance program (PCare BPJS), and private insurance networks.
As of November 2023, Klinik Pintar operates 22 tech-enabled clinics in Greater Jakarta and provides clinic management software, accreditation, and training to over 1,500 third-party clinics across Indonesia.
The company plans to expand into corporate care. It has launched over a dozen on-site clinics with a leading local automotive manufacturer; more are in the works. The firm is also in the process of launching a second neurology specialist clinic in Greater Jakarta.
Klinik Pintar claims that its technology is used by over five per cent of all clinics in the country, reflecting a more than threefold increase in network size since the start of 2023.
Indonesia holds a US$68 billion annual healthcare market for its 280 million residents, yet the ratio of doctors per 1,000 population is 0.5, compared to Singapore’s 2.5. Klinik Pintar addresses this need by leveraging digital health technology to improve accessibility and enhance medical outcomes.
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Image credit: Klinik Pintar
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