Digital therapy and rehabilitation platform Caspar Health raises €9 million

Berlin-based digital healthtech startup Caspar Health has raised €9 million, further ensuring patients have access to rehabilitation treatment at any time. The startup has grown by over 300% in the past two years, with over 160 hospitals in Germany employing Caspar’s offer. To date, the firm has raised approximately €16.8 million.

Founded in 2016, it’s easiest to think of Caspar Health as a medical institution’s best friend; ensuring that recovering patients have access to the rehabilitation services they need when they need it. With over 1,000 therapeutic videos on demand, Caspar Health addresses physiotherapy, occupational therapy, speech therapy, sports therapy, and psychosomatic medicine. The German regulatory body, Deutsche Rentenversicherung evaluated Caspar Health’s programme, and found 97% of patients reacting positively.

“Caspar Health sets milestones in the care of patients. Due to the shortage of specialists as well as time and location constraints, aftercare is often challenging. Thanks to Caspar Health’s digital platform, patients who live in poorly structured regions or have limited mobility can also be cared for efficiently and closely at home,” explains Professor Michael Jöbges, MD, Medical Director of the Schmieder Hospital Group.

Caspar Health’s recent funding round was led by London-based Frog Capital, with Atlantic Labs, Ananda, Porterhouse Group, Nanz Venture all participating.

“Caspar is one of the most impressive business models we have seen in the HealthTech landscape largely because of the excellent feedback from hospitals and patients alike. In addition to above-average growth, we were convinced by the effectiveness of the digital rehabilitation programmes,” commented Frog Capital senior partner Jens Düing.