Home Funding HealthTech startup wellabe raises € 3 million Series A funding

HealthTech startup wellabe raises € 3 million Series A funding

HealthTech startup wellabe raises € 3 million Series A funding
HealthTech startup wellabe raises € 3 million Series A funding

A Munich, Germany based health technology startup; wellabe has secured €3 million investment in a Series A funding round led by Sana Kliniken on 4th December 2020. The round was also joined by existing investors of startup Plug And Play Tech Center, Paua Ventures and Earlybird Venture Capital

The innovative use of modern video consultation, digital prevention programs and on-site health checkups offered by the health tech startup brings better health to the workplace and thereby at homes. 

The surveys by wellabe show that more than 99% of participants in the wellabe programs are satisfied with their health checkup. They offer reliable health expertise which they have gained over the years of experience and various health checkups across enterprises across several industries. Their data is TUV audited and confirmed to the GDPR so that personal data of people never reaches the employer. My offering mobile stations deployed checkup at the workplace that follows up with data based and personalized programs for encouraging a healthy lifestyle. 

The employees and the patients receive the data in sides of their present health status within 20 minutes. The health status of the employee is available on their wellabe app to further be discussed with the doctor through video consultation. In the future they are also planning for offering medical services. They are planning to use this fresh funding for expanding their customer base and developing more and better partnerships with private insurance and insurance companies. 

About Wellabe

wellabe

The healthtech startup, wellabe was founded in 2018 by Sebestian Duennebeil and Michael Theidossiou. The Munich headquartered enterprise generates digital prevention programs based on human biomarkers. It is a patient centered and cloud based platform that enables agile integration of medical sensors for onsite screenings in lab settings. The participants or patients run to the screening both before and after the preventive lifestyle intervention. The re-screenings are done to measure the impact of lifestyle changes on the biomarkers of people. The data is integrated and stored on a class platform that is accessible and enriched by patients using the app. This data is provided to the participants so that they can comprehensively understand about their health and get motivated. It partners with sports nutrition and caregiver providers which can help the participants to change their biomarkers in a given time span. They believe in matching the profiles of patients with the effective and correct interventions. 

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