[Financial Investment] Additional Investment by OPT Ventures in Allm Inc., Operator of “Join,” Japan’s First Insurance-Covered App

The OPT Group’s OPT Ventures, Inc. (President and CEO: Atsushi Nouchi) has increased its investment in Allm Inc. (Representative Director/CEO: Teppei Sakano), which was already a target for investment in the OPT Ventures No. 1 Fund. In the new investment round, Allm Inc. entered a capital and business alliance with Philips.

 

[Outline of Allm Inc.]

Company Name: Allm Inc.

Address: Yushin Building Shinkan 2F, 3-27-11, Shibuya, Shibuya Ward, Tokyo

Details of Main Businesses: Join, MySOS, Kaigo and Kango

        medical and caregiving mobile information and communication technologies (ICT)

        “Team and AcaMed community healthcare network SNS

Website: https://www.allm.net/

    

[Outline of Services]

Operates Join, Japans first insurance-covered app that provides real-time communication for healthcare professionals via mobile devices and the cloud.

Join has now been expanded to 11 countries.

 Developed solutions for acute ailment treatment such as MySOS, Kaigo, and Kango, which are provided to caregiving and medical institutions.

 

[Background to Additional Investment]

The new capital and business alliance with Philips, a global leader in the healthcare technology field, will increase the focus on product development and integration in the resuscitation and emergency treatment fields, and thereby accelerate the development of “solutions that are applicable in Japan.”

Beginning with the Join app for communication between medical professionals, Allm has proactively expanded its healthcare business globally, and is now providing solutions as a Japan-based medical ICT company to 11 countries. A total of about 1.6 billion yen will be provided through additional third-party investments to drive forward further global expansion.

In July 2018, Allm announced a business partnership with Siemens Healthineers, a leading global medical device manufacturer, which is accelerating the deployment of Join to promote further growth of healthcare digitization.