Berlin – Tim Schlösser and Barbara Hasse advised Berlin-based HealthTech company Caspar Health (GOREHA GmbH) for the first time on its Series B financing round. Caspar Health raised €9 million in this financing round, which was led by Frog Capital Limited, a London-based investor specializing in software scaleups. The capital will be used to further drive Caspar Health's strong growth. The founders continue to hold significant stakes. Frog Capital had previously invested in companies such as Sofatutor and McMakler, among others.
Caspar Health was founded in 2016 by Maximilian Michels, Maximilian von Waldenfels and Benjamin Pochhammer and has grown by 300 percent in the last 24 months, according to its own figures. The company is one of the leading providers in the digital therapy space, and its offerings fill gaps in care so that rehab therapies can reach their full potential. Caspar Health is a digital rehabilitation clinic with a vision to give patients access to the most effective rehab treatment at any time. Medical facilities use Caspar to conduct therapy interventions with their patients online during their hospital stay and after discharge. The combination of learning technology with sound medical knowledge ensures that the therapy goal is achieved in a sustainable manner. The services are covered by numerous pension insurance companies in the areas of rehabilitation, prevention and aftercare.
"We are pleased that we were able to advise Caspar Health for the first time in this financing round. Digital offerings also in the field of rehabilitation medicine are now indispensable with grown digital competence across all age groups and can help to improve the efficiency of processes as well as the success of treatment more and more in the future," says YPOG partner Tim Schlösser.
Press Release in PDF Format
Team:
Dr. Tim Schlösser (Lead), Partner
Barbara Hasse, Associate
Frog Capital was advised by Taylor Wessing (Lead: Dr. Niclas von Woedtke, Dr. Jens Wolf).
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YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
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