Investor Directory

Heal Capital

Venture fund

Stages
Seed, Series A
Cheque size
EUR 500K to EUR 8M
Based in
Germany
Focus
Primary & Virtual Care, Mental & Behavioural Health, Hospital Operations

Heal Capital is a Berlin based venture firm founded in 2019 and backed by more than twenty five German private health insurers. It invests one to five million euros in European healthtech startups from pre-seed to Series A, connecting founders with insurers and clinicians.

Backed by German private insurers, invests in European digital health.

Notable investments

  • Mika
  • Aignostics
  • Cliniserve

The journey

How Heal Capital got here, step by step.

  1. 2019

    Firm founded in Berlin

    Heal Capital was established to invest in European health technology startups on behalf of health insurers.

  2. 2021

    First fund closes at 100 million euros

    Heal Capital closed its debut fund backed by more than twenty five German private health insurers.

  3. 2022 to 2024

    European healthtech portfolio built

    The firm invested from pre-seed to Series A across health technology companies throughout Europe.

  4. 2025

    Heal Capital 2 launched

    A follow on fund arrived to continue backing European healthcare technology founders.

  5. 2025

    Portfolio passes two dozen companies

    The portfolio grew to dozens of companies with total investment volume above 200 million euros.

Investors at similar stages