ottonova, a Munich, Germany-based insurtech startup, raised €10m in Series C funding.
Backers included Debeka, Holtzbrinck Ventures, Vorwerk Ventures, Tengelmann Ventures, BtoV and STS Ventures.
The company, which has raised approx. €40m in funding, intends to use the capital to launch its product and continue to expand its offering with additional features.
Co-founded by Roman Rittweger (CEO, Medical Officer & MBA), Frank Birzle (CTO, computer scientist) and Sebastian Scheerer (CDO, designer), ottonova provides a digital health insurance platform via a specially developed app which serves the users as a “personal health partner”.
The company’s app provides all the information about the insurance at a glance. With the help of an integrated concierge function, users can have a medical consultation or a medical appointment by chat or telephone, around the clock. They can upload invoices and documents, which are immediately analyzed.