BDO advises SwissHealth Ventures on Series-B round in Humanoo

Deal typeTransaction Services
Client nameSwissHealth Ventures

BDO has advised SwissHealth Ventures and its venture capital partner Redstone on financial and tax aspects of a USD 10 million Series-B investment round in Berlin-based startup Humanoo. The round was joined by Helsana Health Invest, Sanitas, Verve Ventures and existing investors.

SwissHealth Ventures - a member of the CSS Group, Switzerland's leading health insurer – invests in startups in the field of digital health, whose ideas set the course for a high quality, cost-effective healthcare system.

Humanoo, founded in 2016 by Philip Pogoretschnik, offers an all-in-one B2B health app. The company has found a smart approach to connect all the actions one can take to feel better and offers an all-in-one-health solution in just one app. It not only includes on-demand programs that cover a wide range of physical activities, such as fitness, physical therapy and yoga, but also takes care of the user’s mindfulness, sleep and nutrition. Companies such as Deutsche Bank, Coca Cola and P&G already offer the app to their employees.

Humanoo will use the funds to grow its engineering, product and business development team, strengthen its leadership position in core markets and expand into additional regions.

“It was a pleasure working with the BDO team on Series-B round in Humanoo. The team at BDO was highly responsive, flexible and pragmatic throughout the process – and they were really focused on those issues that matter for an investment in the startup space. We very much look forward to working together on another project.”

Martin Scherrer, Partner Redstone