[Funding alert] Berlin-based HealthCaters Secures $1.2M in Funding
Oct 19, 2023 | By Team SR
Berlin-based HealthCaters secures $1.2M in funding for the future of disease prevention. This round led by Barmenia Next Strategies, with the participation of Venpace, DvH Ventures, and angel investor Philipp Götting.
Given the extensive period of waiting for doctor appointments in Germany and the hesitation of healthcare providers to invest in diagnostic procedures, securing early intervention for avoidable illnesses and health problems often proves difficult.
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With a medical self-screening station and an AI-powered health coaching app, HealthCaters' dual-component offering makes preventative medicine quick, easy, and affordable.
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With the assistance of a virtual medical assistant, the screening station enables people to assess 27 health markers. These include a person's risk of getting a disease, blood pressure, cholesterol, heart rate, EKG, lung function, kidney, and liver health, as well as how well they sleep.
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According to Kruse: "Unfortunately, the mindset of treating symptoms instead of preventing disease remains the widespread norm in modern medicine. But health does not begin the moment we enter a clinic, feeling sick. It begins the second we are born and is shaped throughout our lives. People are demanding transparency and knowledge on how to control health outcomes. People no longer want to be spectators in healthcare – they want to be drivers. Now more than ever."
This includes individuals who might exhibit biomarkers for prevalent, curable silent diseases including excessive blood sugar and cardiovascular disease. Furthermore, HealthCaters offers a useful "how-to" for quick and efficient product iteration and customer acquisition.
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About HealthCaters
HealthCaters wants to integrate its testing with wearables and add more medical data like genetic screenings and family history.
The company holds pop-up events in places across Europe and is soon to build an offline drop-in facility with screening stations in Berlin. It is also preparing for growth in the UK.
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Eliseeva credits HealthCare's initial alliances with the largest German businesses for its success. It assists organizations like IBM, Barmenia, WeWork, and others in keeping track of their workers' health while lowering insurance costs.
The app eliminates the need for routine doctor visits while reducing costs and guaranteeing user-friendly outcomes with suggestions for business employees.
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