Verdane, the European specialist growth buyout investment firm, today announces an investment into and partnership with Medadom, a leading French teleconsultation provider, alongside Bpifrance, the French sovereign fund.
Verdane has extensive experience navigating regulated reimbursement environments and scaling technology-enabled healthcare platforms such as Pflegecampus, Evondos and Smartbox.
Founded in 2017, Medadom has played a pioneering role in shaping teleconsultation in France. The company was the first teleconsultation provider to receive accreditation from the French Ministry of Health and has established a leading position in the market through a high-quality, secure and accessible model of care.
In addition to its pure digital offering, Medadom operates 5,500 physical teleconsultation units in pharmacies and optical stores across France and has facilitated more than 9 million teleconsultations. The company provides an important digital healthcare solution in areas affected by limited access to medical professionals, helping to improve access to care for underserved populations.
The investment will support Medadom in expanding access to healthcare services in France and across Europe, broadening its service to include additional care verticals and further strengthening its medical governance and technology platform. Over time, the partnership is also intended to support a measured expansion into other European markets, building on the company’s established position in France.
As part of the transaction, Medadom founders Elie-Dan Mimouni and Nathaniel Bern regain majority ownership of the business as they partner with Verdane and Bpifrance to support the next stage of the company’s development. Medadom’s former partner Gsquare Capital has realised its investment in the business.
The investment in Medadom marks Verdane’s first investment in France, a natural step for the firm as it continues its European growth investment strategy.
Completion of the transaction is expected later in 2026, subject to customary regulatory approvals and closing conditions.
Elie-Dan Mimouni, Co-Founder of Medadom, said: “Verdane and Bpifrance’s investments mark a strategic milestone for Medadom. Their combined expertise in healthcare and technology will enable us to create even greater value for patients, our partner pharmacists and opticians, as well as for the physicians practicing on our platform, while further consolidating a demanding, responsible model centered on the quality of medical care delivery.”
Moez Gharbi, Partner at Verdane, said: “Our in-depth analysis of the healthcare technology sector made it clear that Medadom stands out as a trusted, scalable leader in telehealth. Its distinctive model combines medical excellence with accessible, technology-enabled care. We have been particularly impressed by the powerful flywheel inherent to its unique digital and phygital approach, the strength of its governance and its clear commitment to responsible healthcare delivery. At the same time, it is encouraging to see French authorities taking thoughtful steps to improve access to care, particularly in underserved areas. We look forward to working closely with Elie-Dan, Nathaniel and the wider Medadom team along with Bpifrance to invest in the company’s continued growth.”
Benoist de Saint Lager, Senior Investment Director at Bpifrance said: “Our investment in Medadom is fully aligned with our investment thesis: addressing the major societal challenge of providing healthcare access for everyone across the country. Teleconsultations have proven to be an effective way to tackle healthcare accessibility issues, ease pressure on the healthcare system by increasing available medical time and relieve congestion in hospital emergency departments. As Medadom’s partner, Bpifrance aims to support the long-term development of its teleconsultation offer in France, where there is still significant room for market penetration improvement when compared with some European neighbours that are currently more advanced in the telehealth field.”
About Medadom
Founded in 2017, Medadom is a French teleconsultation provider accredited by the French Ministry of Health. The company delivers secure and patient-centred remote medical consultations through a network of more than 5,500 teleconsultation kiosks located in pharmacies and optical stores across France. With more than 9 million consultations completed, Medadom plays a central role in improving access to healthcare, particularly in medically underserved areas. The company has been part of the French Tech 120 programme since 2021, a Government-led flagship initiative designed to support and accelerate the growth of France’s most promising scale-ups.
About Verdane
Verdane is a specialist growth buyout investment firm that partners with tech-enabled and sustainable businesses that help to digitalise and decarbonise the European economy. The flexible mandates of Verdane funds allow it to invest as a majority or minority control investor, replacement or growth capital, in single companies or in portfolios of companies
Verdane has raised €9 billion in capital and its funds have made more than 200 investments in fast-growing businesses since 2003. Verdane’s team of over 150 investment professionals and operating experts is based out of Berlin, Copenhagen, London, Helsinki, Munich, Oslo and Stockholm and combines deep sector expertise with long-standing local networks and presence in core European markets.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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About Bpifrance
Bpifrance Investissement is the management company that handles Bpifrance’s equity investments. Bpifrance is the French national investment bank: it finances businesses – at every stage of their development – through loans, guarantees, equity investments and export insurances. Bpifrance also provides extra financial services (training, consultancy) to help entrepreneurs meet their challenges (innovation, export…). For more information, please visit: https://www.bpifrance.com/ Follow us on Twitter: @Bpifrance – @BpifrancePresse and LinkedIn.
