German healthtech startup wellabe closes €3 million Series A

German healthtech startup wellabe closes €3 million Series A

Munich-based healthtech startup wellabe has closed a €3 million Series A round. Sana Klinik, the third largest private clinic group in Germany, has joined existing investors Earlybird VC, Paua Ventures and Plug and Play.

The German company is geared toward preventive healthcare and 'corporate health management', pitching itself to employers. With mobile stations, wellabe offers check-ups at the workplace and follows up with personalised, data-based programmes that encourage a healthier lifestyle. The ‘patient’ (and employee) receives insights into their current health status in less than 20 minutes. The results, available in the wellabe app, can be discussed with a doctor via video consultation. In the future, the startup wants to offer medical services, as well. For now, the fresh funding will go toward expanding the customer base and developing more partnerships with health insurance companies and private insurers.

Photo: wellabe founders Sebastian Dünnebeil and Michael Theodossiou

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