dacadoo completes its C-round capital increase

The Swiss health technology and insurtech company dacadoo has completed its C-round capital increase to secure funding for its global growth strategy. This brings the total funding raised over the past few years to SFr70 million ($71.3 million).

dacadoo develops technology solutions for digital health engagement and health risk quantification, and partners with insurers as well as corporate health service providers to bring its technologies to market globally.

Its comprehensive digital Health Engagement Platform motivates users to achieve and maintain healthy lifestyle habits. The digital user journey is optimised to engage clients of health insurers, life insurers and vendors of corporate health programs, and it is delivered through mobile apps (iPhone & Android) and a web app built in responsive design.

In addition to dacadoo’s comprehensive digital health platform and apps, dacadoo also provides technology access to business partners via dacadoo’s RESTful API (OAuth 2.0) to allow health and life insurance customers, vendors of corporate health programs or other healthtech companies to create user journeys and client-facing applications based on dacadoo’s technology.

Peter Ohnemus, founder and CEO of dacadoo, commented: "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 and we’re very happy to report that we successfully concluded this round.”

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