dacadoo successfully closes A-round capital increase with private investors
The privately-held digital and mobile health company dacadoo announced today that it successfully completed its Series-A capital round with private investors from Europe
Today, the company announced that it successfully completed Series A capital round with investments by private investors in Europe. The financing will primarily be used to fund the commercial expansion of dacadoo in the next development stage of the company.
dacadoo, an innovator in digital health technology, develops and operates its online, mobile dacadoo health engagement solution with its unique, patented dacadoo Health Score, that enables individuals to track their health and well-being in an easy and fun way on their smartphones or the web, using gamification and social features as well as personalized feedback to engage its users to remain active.
In April 2015, the company announced that it started its Series A capital round with investments by Samsung Venture Investment Corp as well as several private investors from Europe and USA. Today, the company announced that it successfully completed Series A capital round with investments by private investors in Europe. The financing will primarily be used to fund the commercial expansion of dacadoo in the next development stage of the company.
"The traction in this young and fast-growing market is increasing significantly and I am therefore thrilled that we were able to conclude our A-round capital increase and thereby secure our funding for the geographical and commercial expansion, as well as for the trust and commitment that our new investors are demonstrating” commented Peter Ohnemus, founder and CEO of dacadoo.
The dacadoo mobile health engagement solution enables individuals to track, manage and benchmark their health and wellbeing in an easy and fun way on their smartphones. dacadoo calculates a personal Health Score, a scientifically calculated number from 1 (low) to 1,000 (high). The score works as an indicator and moves up or down in real-time, depending on how body values, emotional wellbeing and activities (exercise, nutrition, stress and sleep) change. To help individuals remain engaged, motivation techniques from behavioral science and online games, social and collaborative features from social networks, and personalized feedback are applied. The award-winning company is working with strategic partners from the key industry segments to bring this solution to the global mobile health market.
Manuel Heuer, COO dacadoo ag, Tel.: +41 44 251 23 23, Email: email@example.com
Manuel.Heuer @ dacadoo.com
Phone: + 41 44 2512323 (no support)
dacadoo, named a 2021 “Cool Vendor in Insurance” by Gartner, licenses its Digital Health Engagement Platform, including its Health Score and Risk Engine to Life & Health insurance operators (B2B), supplying Insurtech and health-tech solutions to over 35 of the top 100 Life & Health insurance operators globally. Available in over 18 languages, dacadoo’s technology is provided as a fully branded, white label solution or it can be integrated into customers’ products through its API. Through its ‘Connect, Score, Engage’ offering, dacadoo supports Life & Health operators to motivate their clients to lead healthier lifestyles through its SaaS-based Digital Health Engagement Platform. dacadoo also provides its Risk Engine, which calculates relative risk on mortality and morbidity in real-time. dacadoo has over 120 employees across locations in Europe, North America and Asia-Pacific and over 100 filed patents around their digital Life & Health solutions. dacadoo is entirely committed to privacy and security, hence why it designs and operates its solutions in line with industry standards, laws and regulations such as the Swiss Federal Act on Data Protection, GDPR, and HIPAA. Its Information Security and Privacy Management System is certified according to world-renowned ISO 27001 and ISO 27701 standards.