Meet The Cofounders Of The Berlin-Based Healthcare Startup That Just Raised €23.5 Million

In 2011, Swiss-born Clemens Raemy and German-born Katrin Alberding graduated in the identical class at Harvard’s Enterprise Faculty. Although every of them took a separate route (Raemy cofounded and ultimately offered an Uber-like app app for Latin America) and Alberding labored as a marketing consultant and at numerous startups) eight years later they ultimately determined to affix forces for what they contemplate was an enormous drawback in Germany: lack of nurses and caregivers.

“The tradition isn’t that interesting and individuals are simply worn out, it’s a really strenuous job, they wanna assist individuals however they don’t get to do that as a result of there’s a excessive stage of paperwork and there’s loads of shifts within the morning and the night,” Alberding says. “So we based the corporate on the premise of being a nurse-centric firm so alleviate the ache of caregiving and and get again individuals to get pleasure from why they really joined nursing, which is with a view to assist individuals.”

The 2 teamed up with third cofounder, Portuguese native Bruno Pires, and began an organization known as Kenbi, a care supplier in Germany providing full vary {of professional} care-services-at-home. In December of this yr, Kenbi raised €23.5 million in a Sequence A spherical led by Endeavour Imaginative and prescient.

In line with Raemy, as a result of there’s such an enormous scarcity of nurses, there aren’t many obtainable spots for care corporations to take new sufferers. That’s why, he says, most sufferers spend time calling quite a few totally different nursing corporations and as soon as they discover one that truly has an obtainable spot, they’re very pleased they even discovered one they usually select to work with them.

“That’s the one half the place we’re very totally different from the opposite corporations and that’s as a result of we develop so quick – we will provide obtainable spots,” Raemy says. “Moreover, due to the various specializations that we now have with our nurses we will additionally provide a whole bundle to the sufferers.”

Raemy says that begins with family assist and goes as far to palliative care – which is care of diabetes, care with dementia, wound care and many others.

“We now have educated nurses in all these specialization areas, family associated,” Raemy says. “Caring for the affected person from day 1 after they want some assist in their lives till 70 years later after they want loads of care of their lives.”

The best way Kenbi generates income in the mean time is by billing insurance coverage corporations (one is medical insurance coverage and the opposite one is care insurance coverage).

So far as numbers go, from November final yr to November this yr Kenbi’s progress was 3Xon income, 4x on the affected person aspect, and 4x on the nurses aspect. For the time being, the Berlin-based firm employs 340 individuals, of which 300 are nurses.

Alberding, who previous to cofounding the corporate, spent 6 months volunteering in Latin America and serving to disabled individuals who didn’t have entry to obligatory tools, says that considered one of Kenbi’s strongest factors is its digitally savvy method.

“Kenbi has eradicated the necessity for the nurses to satisfy in particular person on loads of issues as a result of we’ve put in communication platform the place you may be messaging in a secure manner and you may alternate data,” Alberding says. “As a substitute of getting handy over recordsdata of sufferers by hand you now have it in your telephone so there’s much more independence.”

Previous to elevating the Sequence A, Kenbi had raised a cumulative pre-seed and seed spherical of €7 million, so lengthy with the Sequence A, the present quantity of fairness financing within the firm is simply over €30 million.