Swiss digital health company dacadoo adds Rakuten as a new investor

Swiss digital health company dacadoo has completed a new capital raise today with Rakuten Capital as the lead investor.

24 JULY 2017, ZURICH, SWITZERLAND
Summary
Swiss digital health company dacadoo has completed a new capital raise today with Rakuten Capital as the lead investor.

dacadoo develops and operates a digital, mobile health engagement platform that helps employees actively manage their health in an easy and fun way. To engage users to remain active and healthy, the company applies motivational techniques from online games, collaborative features from social networks, personalized feedback and the patented dacadoo Health Score to better understand and improve their health. The company’s technology platform incorporates an artificial intelligence chatbot to foster daily engagement with consumers, while the dacadoo Health Score is backed by clinical data and was developed in collaboration with top global experts in health, nutrition and risk modeling.

Oskar Mielczarek de la Miel, Managing Partner of Rakuten Capital, commented, "We are excited to partner with dacadoo, a company with an innovative approach to engaging with consumers through technology to enable better health outcomes, while providing insurers and healthcare providers with valuable data and a significant cost reduction opportunity."

Peter Ohnemus, founder and CEO of dacadoo, added: "We are delighted and honored to gain such a prestigious investor such as Rakuten Capital and we’re very excited with the joint opportunities that lie ahead”.

Rakuten Capital, the corporate venture capital arm of Rakuten, Inc., made the investment through the Rakuten FinTech Fund. Michael Piechalak of Rakuten Capital will join dacadoo’s Board of Directors.

About dacadoo

dacadoo is a global technology company and innovative business partner that is driving the digital transformation in healthcare. Based in Zurich, Switzerland, dacadoo develops and operates a mobile-first digital health engagement platform that helps people live healthier, more active lives through a combination of motivational techniques from behavioral science, online gaming and social networks, as well as artificial intelligence and automated coaching. Based on over 200 million person-years of clinical data, its patented, real-time Health Score makes health individually measurable, which provides users with a unique engagement experience, while also offering dacadoo’s enterprise customers an effective way to measure the true health impact of wellness programs. Available in over 11 languages, dacadoo’s technology is provided as a fully branded, white-label solution or it can be integrated into customer products through its API.

For more information visit www.dacadoo.com.

Quotes
"We are excited to partner with dacadoo, a company with an innovative approach to engaging with consumers through technology to enable better health outcomes, while providing insurers and healthcare providers with valuable data and a significant cost reduction opportunity." Oskar Mielczarek de la Miel, Managing Partner of Rakuten Capital
"We are delighted and honored to gain such a prestigious investor such as Rakuten Capital and we’re very excited with the joint opportunities that lie ahead" Peter Ohnemus, founder and CEO of dacadoo
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    Manuel Heuer

    Manuel.Heuer @ dacadoo.com
    Phone: + 41 44 2512323 (no support)
About dacadoo

Live healthy! Track and benchmark your health and fitness. Get your dacadoo Health Score, share activities with friends, win challenges!

dacadoo has developed an easy-to-use, wireless, secure and fun way to manage your personal health & fitness from a lifestyle, wellness and chronic disease perspective called the dacadoo health platform.

The platform calculates your personal dacadoo Health Score, a number from 1 (poor) to 1’000 (excellent). It is a directional relative indicator of your current health and fitness status in real-time. By integrating gaming and social networking principles, dacadoo motivates you to be active in an easy way by automatically tracking and comparing your personal health, fitness and lifestyle.

The dacadoo health platform enables the tracking of over 100 fitness activities (outdoor and indoor sports) either over the mobile dacadoo tracker app or via manual entry. The dacadoo energy models are based on MET (metabolic equivalent of Task)* which measures the intensity of a physical activity. *Compendium of Physical Activity, Stanford University

Download the free dacadoo smartphone tracker app for iPhone, Android and BlackBerry to track your fitness activities automatically.

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