The Munich-based healthtech startup, founded in 2018 Wellabe claims to serve around 100 B2B customers in the area of corporate healthcare. The company offers workplace health checkups with its mobile solution. With personalized, digital prevention programs and mobile health stations, Wellabe provides participants with comprehensive insight into their current health status and data-driven recommendations for sustainable lifestyle changes. This is intended to contribute to the early identification of risk factors and proactive prevention of diseases.
Now the group has Mavie from Austria acquired 60 percent of Wellabe. With its Mavie Work offering, the healthcare provider supports companies and their employees on their path to better health. The company's portfolio includes services in the areas of physical and mental health. These range from modern, low-threshold diagnostics to exercise programs, mental coaching, nutritional advice, and more. Mavie currently supports around 190 companies with approximately 145,000 employees.
“Wellabe is an excellent fit for Mavie Work’s existing portfolio”
Christoph Schnedlitz, Mavie Work Managing Director, sees great potential in the collaboration between Mavie Work and Wellabe:
"Wellabe is an excellent fit for Mavie Work's existing portfolio and will strengthen the group's position with new and attractive applications in the field of mobile health analytics. The combination of Wellabe's innovative products, technical know-how, and long-standing expertise in the field of physical health, with Mavie's expertise in mental health, as well as its marketing and financial strength, offers optimal opportunities for value-creating growth. Together, we will be able to offer our customers even more comprehensive end-to-end solutions and further expand our position in the field of corporate health promotion."
And Wellabe founder Michael Theodossiou explained:
"With Mavie, we now have a highly renowned strategic partner with a strong market approach and innovative product line that will massively advance our development. Mavie shares our vision, as we both want to help people actively take care of their health and live the healthiest lives possible. With Sana Kliniken, we also have another experienced partner at our side. We therefore see ourselves better positioned than ever to expand our offerings and create new application scenarios."
Details of the acquisition were not disclosed. Besides Mavie, Sana Kliniken is also one of Wellabe's owners.
