Under the advice of investment company Kempen, global insurtech dacadoo has successfully closed its latest Series B funding round with the inclusion of a renowned Belgian private investor, who will also be joining dacadoo’s board of directors. The proceeds will be used to fund dacadoo’s international growth strategy for the next two years, specifically in the North American and Asia Pacific region. Their last Series B funding round was held last year, where they raised an undisclosed sum from Japanese e-commerce giant Rakuten.
Based in Zurich, Switzerland, dacadoo is a healthtech that develops and operates a mobile-first digital health engagement platform that helps people live healthier, more active lives through a combination of motivational techniques from behavioral science, online gaming and social networks, as well as artificial intelligence and automated coaching. Based on over 300 million person-years of clinical data; its patented, real-time Health Score makes health individually measurable, which provides users with a unique engagement experience, while also offering dacadoo’s enterprise customers an effective way to measure the true health impact of wellness programs. Dacadoo’s technology is available in 13 languages that can be provided as a fully branded, white-label solution or be integrated into customer products through its API.