Tonic App secured €10.85M in a Series A funding round led by BlueCrow Capital and Iberis Capital to expand into new regions and invest in AI.
Mar 26, 2024•over 1 year ago
Amount Raised
€10.9 Million
Round Type
series a
Investors
Fsnb Health & CareShilling VcArmiral Venture PartnersVesalius Biocapital IiiIberis CapitalBlue Crow Capital
Description
Tonic App, a digital health startup, closed a Series A investment round of €10.85 million led by BlueCrow Capital and Iberis Capital. The funds will be used to expand into new regions, hire senior talent, and invest in AI.
FundzWatch™ Score
87
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech