Vircon Legal advised Hop Health on its Series A round led by MADA Ventures, with participation from İş Bankası and a senior angel syndicate — alongside concurrent secondary sales.
Hop Health is positioned as the world’s first digital health-tourism platform, connecting international patients with Turkish providers and coordinating end-to-end treatment journeys — including doctor matching, accommodation, dining and travel logistics. The platform addresses the operational complexity of cross-border healthcare and helps providers scale globally, replacing what has historically been a fragmented broker-led market with a single digital surface for patients, clinics and ancillary services.
Turkey is one of the largest medical-tourism markets in the world, with internationally accredited clinics, a strong cost-to-quality ratio across dental, aesthetic, hair-restoration and oncology verticals, and a state-level push to position the country as a global destination. The category has traditionally been distributed through opaque agency networks, which has constrained both patient trust and provider unit economics; a vertically integrated digital coordinator that owns the patient journey end-to-end is a structurally favored model as international demand continues to scale. Series A is the natural stage to convert that thesis into operational depth across provider supply and international demand generation.
MADA Ventures, under the leadership of Mehmet Ali Yalcindag, invests in early-stage technology companies across health-tech, fintech and consumer; İş Bankası‘s strategic capital and the senior angel syndicate completed the round, bringing distribution, regulatory know-how and operator experience to the cap table. The concurrent secondary component allowed early stakeholders to partially crystallize value while keeping the cap table aligned for the next growth phase.
Author
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View all postsMümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals — including crypto-asset infrastructure, fintech and games — bringing a former startup founder's perspective to every engagement.