Kenbi, the German tech-driven outpatient care company, raises Seed funding
Redalpine leads new round, alongside existing investors Heartcore, e.ventures and Partech
Berlin, 11.01.2021 - Kenbi provides home care to over 400 patients through decentralized, local care-teams and is growing rapidly across Germany. By empowering nurses to run self-organised teams, the Kenbi model sets itself apart from traditional care providers and revolutionises how ambulatory care is provided today in Germany. With a shortage of up to 500,000 caregivers in the German care system by 2030, Kenbi is on a mission to make the nurse job attractive again through a human-centric culture, replenishing the talent pipeline and empowering practicing nurses to spend their care time more efficiently. Supported by a proprietary app and tech stack, Kenbi drastically cuts time spent on unnecessary bureaucratic tasks by up to 20%, creating more room for what matters most in care: time for both patients and caretakers.
Based on its strong growth in the past year, as well as very high satisfaction levels among clients and staff, Kenbi now secured over €7 Million with its Seed round. The financing will be used to grow its care-teams, automate back-office processes and further develop the proprietary care and staff management app.
The round was led by Redalpine (among others: N26, Taxfix) with existing investors Heartcore (among others: Kaia Health, GetYourGuide, Finn.auto), e.ventures (among others: Blinkist, Segment), and Partech (among others: Alan, Lifen, Push Doctor) also participating.
“By combining technology with much needed organisational innovation, Kenbi ticks in our view all the boxes needed to address the existing and increasing shortages of care givers in Germany, caused by an ageing population and other known demographic changes”, explains Michael Sidler, Partner at Redalpine, when asked why the VC decided to invest in Kenbi.
Levin Bunz, Partner at Heartcore Capital, adds, “We are impressed by the fast progress the team has made since inception. It shows that the Kenbi Model allows nurses to provide quality care in a scalable manner and therefore clearly has the potential to revolutionise outpatient care in Germany”
“We like the bold vision of Kenbi which goes far beyond outpatient care. Of course, nurses and patients will always be at heart of Kenbi, but the team has the ambition to become a healthcare one stop shop for patients and their relatives”, concludes Christian Miele, Partner at e.ventures.
Kenbi empowers caretakers to provide the best possible care locally by putting nurses back into the drivers’ seat of care provision. The outpatient care company brings professional care services to patients in the comfort of their homes, serving long and short-term patients in Germany. Their services include insurance authorized and covered medical care, household help, basic care, advice and companionship. In addition, Kenbi is known to offer expert help in the areas of diabetes, wound care and palliative care.
The Kenbi model stands apart from other outpatient care services, as it is ditching the hierarchies for self-managed teams, empowering caretakers through digitalisation, higher education and decision-making power within their local teams. This holistic concept puts the caretaker at the centre of innovation and attracts a rising numbers of professional nurse talents to join Kenbi’s mission. Headquartered in Berlin, Kenbi launched in 2019 with its first teams growing across Lower Saxony. The company was founded by Katrin Alberding, Clemens Raemy (Co-CEOs) and Bruno Pires (CTO). Find more info on www.kenbi.de
Redalpine is an early stage investor focusing on disruptive and highly scalable Tech and Health-Tech business models. Its aim is to help ambitious entrepreneurs turn their visions into reality. To foster entrepreneurial success, Redalpine provides financial backing as well as relevant know-how and a reliable network. Current investments include mobile-first bank N26, smart tax assistant Taxfix, full-service staffing platform Zenjob and tissue diagnostics platform Lunaphore.
Heartcore Capital is Europe's investor for entrepreneurs, building category-defining consumer technology companies. With offices in Copenhagen, Berlin, Paris and Austin, they were early backers of companies like Kaia Health, GetYourGuide, Natural Cycles and Zolar.
Founded in 1998, e.ventures is the first tech-enabled global venture capital firm and invests in consumer and software companies from early to growth stage. The firm has combined its extensive, truly global network with local experience and insight to support over 200 startups globally with notable US investments including Sonos, Angie's List, The RealReal, Segment, GoPuff, and Acorns and European investments including Farfetch, Deposit Solutions, CityDeal/Groupon, Natural Cycles, Blinkist, and Sorare.
Partech is a global investment firm with a portfolio of almost 180 companies spread across 30 countries in Europe, the US, Africa, and Asia. The Partech team brings capital, experience, strategic support, and networks to entrepreneurs at every stage of development: seed, venture, and growth.
For press and interview requests, please contact:
Katrin Alberding / Clemens Raemy
0170 1555 443