Raised €30 Million Oversubscribed

Dr. Oliver Harrison discusses how Koa Health raised an oversubscribed €30M Series A, backed by investors who were impressed with its strong IP portfolio.

What this short covers

Dr. Oliver Harrison discusses how Koa Health raised an oversubscribed €30M Series A, backed by investors who were impressed with its strong IP portfolio and clinical focus. He also shares challenges faced during the spin-out from Telefonica into an independent, VC-backed company, especially during the pandemic.

Transcript

We were introduced to Wellington Partners, to MTIP, to um Asabis, to Achilia, uh to Mundi Ventures, to Crayas, um and one or two high net worth individuals and together we managed to raise an overs subscribed 30 million euro series A capital raise and uh lo and behold, we were an independent company. So then tell us about scaling as well because I mean you guys now have about 67 employees or so. Uh you have about 500 clients plus. So how has it been to the process of you achieved product market fit, you've been able to validate, now it's time to think about scaling. Yeah, so not without its challenges. Um uh as I mentioned, but just make it explicit with the um Telefonica support we were in stealth

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•By Alejandro Cremades