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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About dacadoo

dacadoo licenses its Digital Health Engagement Platform, including its Health Score, 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 15 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 probabilities on mortality and morbidity in real-time. dacadoo has over 115 employees across locations in Europe, North America and Asia-Pacific and over 100 filed patents around their digital Life & Health solutions.

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