Kempen is pleased to announce it has advised dacadoo, a leading InsurTech and HealthTech company, in its Series C capital increase
dacadoo’s Series C capital increase was led by an undisclosed international investor.
The proceeds from the round will be utilized for dacadoo’s global growth strategy.
To date dacadoo has raised ~CHF 70 million in funding.
Kempen acted as adviser to dacadoo in both its Series B and C capital increases.
dacadoo is a global InsurTech and HealthTech company.
Based in Zurich, Switzerland, dacadoo develops and operates a mobile-first digital health engagement platform that helps people live healthier, more active lives through a combination of motivational techniques from behavioral science, online gaming and social networks, as well as artificial intelligence and automated coaching.
dacadoo’s Health Score and Health Engagement solution fits well in insurers’ health, life and disability (prevention-focused) strategies by focusing on healthy living and sustainable employability.
The customer journey is optimized to engage clients of health, life & disability insurers and vendors of corporate health programs and it is delivered through mobile apps (iPhone & Android) and a web app built in responsive design.
Clients include a.o. Aon, Generali, Hannover Re, Irish Life, Menzis, Optum (part of UnitedHealth) and Oracle.
The solution is based on over 300 million person-years of clinical data, its patented, real-time Health Score makes health individually measurable.
The technology is provided as a fully branded, white-labelled or it can be integrated into customer products via APIs.