February 19, 2021
Wellness and fitness coaching app, actio has extended its seed round to €10 million with a new investment from fellow Berlin-based venture capital firm Heal Capital.
The startup secured a seed funding of €8.5 million from HV Capital and Cavalry Ventures in December 2020.
WHY IT MATTERS
According to the World Health Organisation, depression is the leading cause of global disability, affecting over...
November 5, 2020
Koa Health, a digital mental health company spun out of global telecoms company Telefonica, and previously known as Alpha Health, has raised $16.5 million (€14.1) in Series A funding, led by Ancora Finance Group and Wellington Partners. The raise coincides with Koa's launch as an independent company, with Telefonica remaining as a shareholder, customer and partner.
WHAT IT DOES
Koa Health offers...
July 22, 2020
Cure.fit, an Indian fitness, health and lifestyle brand with $400 million in funding, announced this morning the official kickoff of its U.S. launch. Its app is now available for free download on the App Store and Google Play.
Founded in 2016, the brand gained steam in its home market by taking a holistic, integrated approach to wellness. The strategy is demonstrated through its range of sub-...
July 16, 2020
Turkish-German mental health app Meditopia has today announced a Series A investment of $15 million.
The round was co-led by European venture capital firm Creandum, an early backer of Spotify, iZettle, and Klarna, alongside Highland Europe, the European growth investor behind matchesfashion.com, Zwift and Wolt.
Carl Fritjofsson of Creandum and Fergal Mullen of Highland Europe will join...
October 21, 2019
Fitt, a digital platform that highlights local fitness and wellness options for consumers, has closed a round of funding led by Mountain State Capital. Riverfront Ventures and prior backer TNC Ventures also participated, as did wellness business management software company MINDBODY, which is coming on board as a strategic partner.
The startup did not specify the value of the raise.
WHAT THEY DO...
August 28, 2019
Fitbit pulled back the curtain on its fall launch lineup this morning, revealing a major new subscription health service called Fitbit Premium right alongside the latest versions of its tried and true consumer hardware products: the Fitbit Versa 2 smartwatch and Fitbit Aria Air Bluetooth scale.
In-app wellness support for consumers
Launching in September, Fitbit Premium is a data-driven health...
June 24, 2019
Four years after launching, the Canadian wellness platform Carrot Rewards announced that it will shut down its app-based service due to lack of investment.
“It breaks our hearts to be saying farewell to you as we have closed down the Carrot Rewards app,” Andrea Soulvaliotis, founder and CEO of Toronto-based Carrot Insights, wrote in a statement posted on Carrot Rewards’ website last Wednesday. “...
May 29, 2019
The summer of 2016 was dominated by a digital wellness app that few saw coming: Pokémon Go, a mobile game that used GPS and augmented reality to encourage players to explore real-world locations. And while the initial spike of mainstream consumer interest dropped off within a few months, The Pokémon Company and app developer Niantic (a Google spinout) have gradually won players back with content...
August 15, 2018
London-based BioBeats, which uses artificial intelligence to deliver digital wellness support to consumers and employees, has raised $3 million (£2.4 million) in a funding round led by Oxford Sciences Innovation, White Cloud, and IQ Capital. According to the announcement, the new capital will enable the company to scale its international offerings.
“For BioBeats, our vision is to disrupt the way...
October 6, 2016
London-based BioBeats, which is developing a wellness solution for consumers using artificial intelligence, smartphones and wearable sensors, has completed a study on corporate stress and health with employees from financial services company BNP Paribas.
A group of 560 BNP Paribas employees wore the (recently discontinued) Microsoft Band 2 to continuously measure various biometric measurements...