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Munich-based XO Life raised €7M in a funding round led by Sandwater and Grazia Equity to expand its ImpactMonitor platform for patient support.

Aug 23, 2024over 1 year ago

Amount Raised

€7 Million

MunichMedicalBiotechnologyHealth Care

Investors

Isartal VenturesWinning Mindset VenturesAescuvestBayern KapitalVi PartnersGrazia EquitySandwater

Description

XO Life, a digital health startup based in Munich, has secured €7 million in funding to accelerate growth and international expansion of its ImpactMonitor platform. The funding round was led by Sandwater and Grazia Equity with participation from Vi Partners, Bayern Kapital, and existing investors.

Company Information

Company

XO Life

Location

Munich, Bavaria, Germany

About

XO Life is a Munich-based digital health startup that has developed a unique meta-platform designed to support patients in managing their medications, products, therapies, and diseases. The ImpactMonitor platform provides patients with access to verified medical and health-related content, enables them to track their health progress, and offers personalized insights and professional support. Led by Dr. Friderike Bruchmann, the company aims to address global health challenges by expanding its innovative solutions beyond the German market. With strong backing from investors, XO Life is poised to revolutionize patient support in healthcare.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers