Kry
- 🦄Became a unicornApr 2021
- 📈Peak valuation$2 Billion ’21
- 💔Became a Unitard2022
- 💸Last valuation~$200M
The rise & fall
5 moments · 2014–2026The key moments.
How it happened
Kry, which operates as Livi in Britain and France, is a Stockholm telehealth company that Johannes Schildt, Fredrik Jung Abbou and Josefin Landgård founded in 2014 to put doctor visits on an app. A $300M-plus Series D led by CPP Investments and Fidelity in April 2021 valued it at about $2B.
When post-pandemic demand for video consultations faded, Kry laid off roughly a tenth of its staff in late 2022 and pulled out of Germany. Mutual-fund backers have since marked it far down in SEC filings: Fidelity funds carry 'Kry International AB' at about $8.89 a share in 2026, and Affärsvärlden reported Fidelity wrote the stake down around 90%, to roughly $180M, leaving the company a few hundred million dollars below its peak.
Glassdoor reviews pointed to a lack of transparency and short-term, investor-driven decisions, with layoffs and management complaints surfacing after the 2022 pullback.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Mutual-fund markdowns
6 funds · SEC NPORT-PHow U.S. mutual funds fair-value this still-private company in their quarterly SEC filings.
| Fund | Class | $/sh | From peak | As of |
|---|---|---|---|---|
| Fidelity Advisor Diversified International Fund | $8.89 | -43% | Jul 2026 | |
| Fidelity International Equity Central Fund | $8.81 | +0% | Jun 2026 | |
| VIP Overseas Portfolio | $8.81 | +0% | Jun 2026 | |
| Fidelity Diversified International Fund | $8.89 | — | Jul 2026 | |
| Fidelity Diversified International K6 Fund | $8.89 | — | Jul 2026 | |
| Fidelity Europe Fund | $8.89 | — | Jul 2026 |
Source: SEC EDGAR Form NPORT-P (Level-3 fair-value marks). Per-share marks reflect the fund’s own valuation of a specific share class and aren’t a company-wide valuation. Last refreshed Oct 2026.
Source: CNBC (Apr 27, 2021): 'raises $300 million at $2 billion valuation,' a Series D led by CPP Investments and Fidelity (~€262M / ~$317M). Sifted: ~10% layoffs (~300 of ~3,000) in late Oct 2022; Deutsches Ärzteblatt: exited Germany (ended Dec 2022). SEC Form N-PORT: Fidelity funds mark 'Kry International AB' at ~$8.89/share (2026, down from ~$15-21 earlier in the year); Capital Group's SMALLCAP World Fund marks it at ~$30.50 (Mar 2026). Affärsvärlden: Fidelity wrote Kry down ~90%, to ~SEK 1.9B (~$180M) from a ~SEK 17.5B (~$2.06B) entry. (A circulated '$123.37 to $30.50, -75.3%' Capital Group figure appears in no filing and is not used.) Founded 2014 by Johannes Schildt, Fredrik Jung Abbou and Josefin Landgård.
Founders
- Johannes Schildtco-founder & CEO (led at peak, 2015-2024)
- Fredrik Jung Abbouco-founder
Current roles as self-reported on LinkedIn, retrieved 2026-10-13. See our methodology.
Disclosed investors (11)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.
* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard
