Liva Healthcare has closed an €8 million investment round from three new investors: MIG, Santo Venture Capital and Digital Health Ventures. The investment will enable Liva Healthcare to scale up with existing clients, expand further geographically and continue its technological innovation.
The company's digital platform is used by healthcare organisations across Northern Europe to prevent and manage chronic diseases such as Type 2 diabetes and heart disease through lifestyle changes. It claims that after six months on average users have lost 5.7kg, and that 48% of pre-diabetes is reversed.
Digital Health Ventures' managing partner, Guido Hegener, said: "The potential for Liva Healthcare is substantial, given the significant and growing population affected by obesity and type 2 diabetes. The company is helping clients reduce costs while at the same time helping patients improve their quality of life."
Liva Healthcare, with offices in Copenhagen and London, was founded in 2014 by Rune Bech, Carl Brandt and Kristoffer From. Its clients include AXA, the NHS and the City of Copenhagen.