Berlin-based health tech startup Exakt Health has received $1.5 million funding. The pre-seed round was led by BackBone Ventures and saw the participation of Auxxo and existing investors, including Possible Ventures, N26 founder Maximilian Tayenthal, Cornelia Hoppe and Gloria Bäuerlein.
With the new funding, the platform plans to roll out the app in the U.S after it gets approval from the FDA.
Founded in 2021 by ex-N26 employees Philipp Billaudelle and Lucia Payo, the German startup offers easy access to digital treatment for sports injuries. With customised treatment plans and daily exercises for various sports injuries, the free app currently has over 8000 users in the EU and the U.K.
Philipp Billaudelle, co-founder, Exakt Health said: “Our mission is to provide quality digital physiotherapy which people can use to treat their sports injuries. The additional investment is the next big step in making sports physiotherapy easily accessible across Europe and the U.S.”
The app already offers physiotherapy help in four languages for a variety of sports injuries, including Achilles tendonitis, plantar fasciitis, and meniscus tears. New training plans to treat conditions such as ankle sprains, gluteal muscle strains and patellar tendinitis will be rolled out with the new funding.