Onvy aims to merge artificial intelligence and digital health, enabling a new type of personalized and predictive healthcare. The first result of these efforts is the app "Onvy – AI Health Coach." It aims to optimize physical and mental health management with the help of AI. To achieve this, the startup uses data from various areas, such as health, environmental factors, exercise, nutrition, and sleep, and compiles it into a holistic picture. This allows the health app to coach its users on how to lead a proactive and healthy lifestyle.
Now, the startup, founded in 2019, has secured nearly two million euros (over two million US dollars) in a seed extension round. The fresh capital will be used to further develop the platform for AI-supported health prevention and to establish new partnerships, particularly in the areas of corporate wellness, longevity, and insurance.
“The future of health is highly personalized, preventative, and AI-supported.”
The financing round was led by Voloridge Health, the healthcare division of hedge fund Voloridge Investment Management. Adrian Kochsiek, Founder & CEO of Onvy, explains the current financing round:
"The future of health is highly personalized, preventative, and AI-powered. We transform individual health data into intelligent, immediately actionable recommendations so users can make the best health decisions at exactly the right moment. This investment enables us to scale the next generation of AI-powered precision health and transform the market for good."
And David Vogel, co-founder of Voloridge Health, continues:
"AI is transforming healthcare, and Onvy is at the forefront of this development with its innovative approach to real-time health intelligence. By seamlessly connecting raw data with concrete health measures, Onvy is setting a new standard for proactive, personalized health coaching. Its ability to transform complex biometric and behavioral data into customized, actionable insights enables companies to identify health risks early and target preventative measures, thus not only improving the health of their customers and employees, but also reducing costs and strengthening customer loyalty in the long term. We look forward to actively supporting Onvy's growth."
