Tech Company Financing Transactions
HelloBetter Funding Round
On 9/21/2023, HelloBetter raised $5.3 million in funding from HSBC Asset Management.
Transaction Overview
Company Name
Announced On
9/21/2023
Transaction Type
Venture Equity
Amount
$5,260,000
Round
Undisclosed
Investors
HSBC Asset Management (Lead Investor)
Proceeds Purpose
The funding will be used to invest in its sales, marketing, and data analytics capabilities, enter new markets, and further expand the company's digital therapeutics portfolio.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Schrammsweg 11
Hamburg, 20249
DE
Hamburg, 20249
DE
Phone
Website
Email Address
Overview
HelloBetter is a European leader in the field of digital therapeutics (DTx) for mental health and a global pioneer in digital mental health research. Founded in 2015, HelloBetter has the strongest evidence base globally, with a total of 33 randomized controlled trials published in peer-reviewed journals. In Germany, six of their therapy programmes are part of the standard of care and as such available to 70+ million people for free as prescription digital therapeutics or DiGA. In 2022, HelloBetter entered the US market with its HelloGina brand which offers a sexual wellness program for people with vaginismus. In 2023, HelloBetter received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) for its digital therapeutic HelloBetter Panic.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hannes Klöpper
Chief Operating Officer
Philip Ihde
Chief Technical Officer
Amit Gupta
Co-Founder
David Ebert
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