[Funding alert] Munich-based Adon Health Secures Pre-Seed Round Funding

With the help of the platform, patients may digitally handle every aspect of their care in one location, thereby reducing complexity and time spent by the patient.

It provides access to a network of German healthcare providers and participants, such as pharmacies, physicians, and labs. Leading scientists on a medical expert board assist Adon Health in its quest to offer the best digital care available for men.

Read more - Berlin-based Tuktoro® by a2zebra Secures €500k in Funding

Millions of men suffer from testosterone insufficiency, a condition that affects up to 40% of men over 45. Even though the US has made great strides in raising public awareness of this issue, Europe still mostly ignores it and receives inadequate treatment.

Maximilian Schubert, co-founder of Adon Health: “We see an opportunity to bring millions of patients an enhanced healthcare offering appropriate for the 21st century.
We aim to make handling your own health as modern and people-centric as using your iPhone. More importantly, though, we want to play a role in creating European-wide awareness for large, underdiagnosed healthcare issues such as testosterone deficiency and help people take care of their health not only reactively but also preventively.”

Dr Jonathan Apasu, co-founder of Adon Health: “The opportunities technology has created in the past decades is abundant. We aim to make it accessible to patients while maintaining the highest medical standards and collaborating with all parts of the conventional healthcare ecosystem. Employing such a model for testosterone deficiency is just the beginning. Specifically, with respect to more complicated patient journeys, there has been a lack of patient-centred digital innovation. We are confident in the great promise this holds for healthcare in Europe.”

The fundraising was spearheaded by Backbone Ventures, in collaboration with the Atomico Angel Programme and a number of business angels that have established successful businesses within the European healthcare and consumer ecosystem.

Dr Jan Claudio Muñoz, Partner at Backbone Ventures, shared: “We see great potential in facilitating end-to-end care online for complex and underserved patient journeys.The healthcare ecosystem has been evolving in recent years with important regulatory changes in telemedicine and record utilisation rates of online services by patients. These factors create opportunities to reinvent healthcare as we know it and bring it into the digital age. Specifically in the European innovation ecosystem, male health has been a largely overlooked topic, despite the clear need for novel solutions that address the deficient health standards of men.”

About Adon Health

Adon Health, german startup, they work to change the face of healthcare in Europe by providing men with medical supervision with personalised, data-driven, and innovative treatment options for hormonal abnormalities.

Every guy, in their opinion, is entitled to a happy and healthy existence. That's why they are building a future in which addressing hormonal imbalances is a vital component of men's health rather than a taboo subject, thanks to their state-of-the-art technology and network of world-class experts.