Swiss health technology and InsurTech firm dacadoo has successfully completed its C-round capital increase raising a total of CHF70m ($71.1m) across its various capital raising rounds over the last few years.
“dacadoo has gone through a high-growth phase in 2019 and is expected to continue on a strong growth path. We therefore arranged additional funding via a C-round capital increase,” said founder and CEO Peter Ohnemus.
With headquarters in Switzerland, the InsurTech has client service offices in Sydney, Shanghai, Tokyo, Boston and Odense.
dacadoo develops technology solutions for digital health engagement and health risk quantification which include digital health platform and apps as well as technology access to business partners via its API.
Its comprehensive digital health engagement platform, available on mobile apps and a web app, motivates users to achieve and maintain healthy lifestyle habits.
These users are clients of health insurers, life insurers and vendors of corporate health programmes as it partners with insurers as well as corporate health service providers.