{"id":79104,"date":"2022-01-18T09:45:00","date_gmt":"2022-01-18T08:45:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=79104"},"modified":"2022-01-19T09:10:26","modified_gmt":"2022-01-19T08:10:26","slug":"wellster-expands-series-b-round-by-e175-million","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/79104\/wellster-expands-series-b-round-by-e175-million\/","title":{"rendered":"Wellster expands Series B round by \u20ac17.5 million"},"content":{"rendered":"
\n

The fresh funding for Wellster comes from investors Claret Capital and Mangrove Capital. With this investment, the Wellster Healthtech Group claims to be the best-funded integrated healthcare platform in Europe. first part of the financing round in June<\/a> Dermapharm and HV Capital, among others, have invested.<\/p>\n\n\n\n

Wellster combines digital telemedicine offerings, each focused on a specific health topic, into portals. The Munich-based company currently covers mental health, intimate health, hair and skin health, and medical self-tests. The startup has been online with its portals since May 2019 and currently serves 1.5 million patients.<\/p>\n\n\n\n

With the fresh capital, Wellster plans to build a platform for women's health, offering intimate health treatments and medical lifestyle products. The company already operates the Spring portal as a male counterpart.<\/p>\n\n\n\n

Wellster has a \u201cstrong team that aims to disrupt the huge European market\u201d<\/h2>\n\n\n\n

\u201cThe funding comes at a key moment in our development,\u201d <\/p><\/blockquote>\n\n\n\n

so Manuel Nothelfer<\/strong>, co-founder of Wellster Healthtech Group. <\/p>\n\n\n\n

\u201cIt reinforces our goal of maintaining our leadership position in the European market and expanding our offerings for personalized healthcare services.\u201d<\/p><\/blockquote>\n\n\n\n

Co-founder Nico Hribernik<\/strong> says: <\/p>\n\n\n\n

\u201cOur strong customer base, European roots, and experience with European regulations give us a significant advantage over American companies seeking to enter the market.\u201d<\/p><\/blockquote>\n\n\n\n

The potential of the healthcare market is the \u201cnon-plus-ultra\u201d in terms of its size, says Hans-Juergen Schmitz<\/strong>, Managing Partner at Mangrove Capital Partners: <\/p>\n\n\n\n

"What makes Wellster particularly attractive is the combination of an appealing offering aimed directly at patients and a strong team committed to disrupting the vast European market. Both fit perfectly with our investment strategy." <\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"

A good six months ago, the Wellster Healthtech Group completed a financing round of 35 million euros (40 million dollars). Now the Munich-based company is following up, securing a total of 52.6 million euros (60 million dollars). <\/p>","protected":false},"author":26,"featured_media":79173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[52,243,4327],"acf":[],"yoast_head":"\nWellster erweitert Series-B-Runde um 17,5 Millionen Euro - Munich Startup<\/title>\n<meta name=\"description\" content=\"Vor einem guten halben Jahr konnte die Wellster Healthtech Group eine Finanzierungsrunde in H\u00f6he von 35 Millionen Euro abschlie\u00dfen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/79104\/wellster-expands-series-b-round-by-e175-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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