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Heal Capital

Europe, Berlin, Germany, Berlin

Description

Heal Capital is a prominent Berlin-based venture capital firm dedicated exclusively to the European HealthTech sector. With a robust fund of €100 million in assets under management, the firm positions itself as a key investor in the digital transformation of healthcare across the continent. Their investment thesis centers on supporting innovative companies that leverage technology to improve patient care, enhance operational efficiency, and redefine healthcare delivery models. Heal Capital primarily targets early-growth stage companies, participating in Seed, Series A, and Series B funding rounds, demonstrating a commitment to nurturing startups from their foundational phases through significant expansion.

The firm's investment strategy is characterized by a hands-on approach, extending beyond mere capital provision. Heal Capital aims to be a strategic partner, offering deep industry expertise, an extensive network, and operational guidance to its portfolio companies. This value-add is significantly bolstered by their unique backing from the German private health insurance association (PKV-Verband), providing unparalleled access to the German healthcare system and its stakeholders. This strategic alignment allows Heal Capital to facilitate market entry and scaling opportunities for its portfolio companies within one of Europe's largest healthcare markets.

Regarding their investment scope, Heal Capital typically deploys initial cheques ranging from €1 million to €10 million. This flexible ticket size enables them to accommodate a diverse range of funding needs, from early-stage ventures requiring foundational capital to more mature startups seeking significant growth equity. Their focus remains steadfast on companies that demonstrate strong potential for disruptive innovation and scalable business models within the HealthTech landscape, encompassing areas such as digital therapeutics, telemedicine, health data analytics, and AI-driven diagnostics. Heal Capital's commitment to the European HealthTech ecosystem underscores its role in fostering the next generation of healthcare innovators.

Investor Profile

Heal Capital has backed more than 30 startups, with 6 new investments in the last 12 months alone. The firm has led 14 rounds, about 47% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Germany, United Kingdom, Poland.
  • Strong thematic focus on Health Care, Artificial Intelligence (AI), Personal Health.
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (47%)
  • Series A (27%)
  • Pre Seed (17%)
  • Series B (10%)

Country Focus

  • Germany (57%)
  • United Kingdom (10%)
  • Poland (7%)
  • France (7%)
  • Switzerland (7%)
  • Canada (3%)
  • The Netherlands (3%)
  • Italy (3%)
  • United States (3%)

Industry Focus

  • Health Care
  • Artificial Intelligence (Ai)
  • Personal Health
  • Medical
  • Machine Learning
  • Mhealth
  • Software
  • Analytics
  • Health Diagnostics
  • Biotechnology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Heal Capital frequently co-invest with?

Elaia
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Karma Ventures
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 2
HTGF | High-Tech Gruenderfonds
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 3
Inovo VC
Europe, Mazowieckie, Poland, Warsaw
Co-Investments: 2
Vorwerk Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 4
EV
Europe, England, United Kingdom, London
Co-Investments: 2
Picus Capital
Europe, Bayern, Germany, Munich
Co-Investments: 3
Cavalry Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Octopus Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 2

Which angels does Heal Capital often collaborate with?

TI
Europe, Berlin, Germany, Berlin
Shared Deals: 1
KM
Europe, England, United Kingdom, London
Shared Deals: 1
TB
Europe, Germany
Shared Deals: 1
FE
North America, New York, United States, New York
Shared Deals: 1
DH
Europe, Berlin, Germany, Berlin
Shared Deals: 1
SJ
Europe, Berlin, Germany, Berlin
Shared Deals: 1
PG
Europe, England, United Kingdom, London
Shared Deals: 2
Daniel Dines
North America, Delaware, United States, Dover
Shared Deals: 2
MD
Europe, Hessen, Germany, Frankfurt
Shared Deals: 1
JD
Europe, Berlin, Germany, Berlin
Shared Deals: 1

What are some of recent deals done by Heal Capital?

MediShout

London, England, United Kingdom

MediShout is a digital platform to improve operational efficiencies, so healthcare staff can focus on patient care.

AppsHealth CareHospitalInformation ServicesInformation TechnologyLogistics
Series AJul 2, 2025
Amount Raised: $9,000,000
CGC Genomics

Basel, Basel-Stadt, Switzerland

XAI Platform for Cancer Genomics Interpretation SaaS

BioinformaticsGenerative AIGeneticsOncologyPrecision Medicine
Pre SeedApr 14, 2025
Amount Raised: $1,932,097
Hema.to

München, Bayern, Germany

Hema.to provides fully automated, AI-powered blood cancer detection suggestions based on flow cytometry data.

Artificial Intelligence (AI)Health CareHealth Diagnostics
SeedFeb 27, 2025
Amount Raised: $3,771,956
Apheris

Berlin, Berlin, Germany

Apheris is a federated computing company that focuses on network security, addressing the need for secure data sharing.

AnalyticsArtificial Intelligence (AI)Machine LearningNetwork Security
Series AJan 2, 2025
Amount Raised: $20,800,000
Heim Health

London, England, United Kingdom

Heim Health is a healthcare firm using technology to deliver scalable, community-based solutions.

FitnessHealth CareWellness
SeedNov 19, 2024
Amount Raised: $2,792,715
Paloma Health

London, England, United Kingdom

A technology-enabled provider of children's mental health services, starting with autism assessments.

Health Care
Pre SeedNov 11, 2024
Amount Raised: $2,574,698
Parto

Hamburg, Hamburg, Germany

Parto is a digital payment solution that efficiently digitizes budgeting and client money processes for social and care facilities.

Financial ServicesFinTechPayments
Pre SeedOct 15, 2024
Amount Raised: $2,720,849
Spotlight Medical

Paris, Ile-de-France, France

Spotlight Medical develops AI tests to revolutionize cancer treatment, providing everyone with the best possible chance to beat cancer.

Artificial Intelligence (AI)BiotechnologyHealth CareMedicalPrecision Medicine
SeedJul 12, 2024
Amount Raised: $6,736,333
Gleamer

Paris, Ile-de-France, France

Gleamer develops medical grade AI for Radiology

Artificial Intelligence (AI)Software
Series BJun 28, 2023
Amount Raised: $29,471,189
Hema.to

München, Bayern, Germany

Hema.to provides fully automated, AI-powered blood cancer detection suggestions based on flow cytometry data.

Artificial Intelligence (AI)Health CareHealth Diagnostics
SeedMay 22, 2023
Amount Raised: $3,891,892