ONVY Secures Over $2 Million to Revolutionize AI-based Health Coaching
Deal News | Feb 26, 2025 | PR Newswire Cision ONVY HealthTech Group GmbH
ONVY HealthTech Group GmbH, based in Munich and an innovator in AI-driven precision health, has successfully raised over $2 million in a seed extension round. The funding round was led by Voloridge Health, a subsidiary of Voloridge Investment Management, renowned for its use of data science and predictive modeling. This investment is set to accelerate ONVY's expansion of its AI-driven health coaching platform, which provides hyper-personalized health engagement at scale. ONVY's technology integrates seamlessly with wearable devices, health sensors, and behavioral data, providing instant insights for users to take control of their health in real-time. The company aims to bridge the gap between raw health data and actionable guidance, helping users make better health decisions through personalized recommendations. With the new funding, ONVY plans to enhance its AI health coaching capabilities through deeper data integrations and improved predictive analytics. This strategic investment signals a significant step forward in the evolution of AI applications in personal and corporate health strategies.
Sectors
- HealthTech
- Artificial Intelligence
- Investments
Geography
- Germany – ONVY HealthTech Group GmbH is based in Munich, indicating the primary geographical focus of the company's operations.
- United States – Voloridge Health, which led the investment round, is a U.S.-based entity, indicating a transatlantic dimension to the investment.
Industry
- HealthTech – The article revolves around ONVY HealthTech Group GmbH, a company at the intersection of health and technology, focusing on AI-based health coaching.
- Artificial Intelligence – The article discusses the use of AI in providing personalized health coaching and real-time data analysis to improve engagement and health outcomes.
- Investments – The article covers a financial investment in the health sector by Voloridge Health, highlighting its strategic interests in health technology advancements.
Financials
- Over $2 million – The amount raised by ONVY in a seed extension funding round to expand its AI-driven health coaching platform.
Participants
Name | Role | Type | Description |
---|---|---|---|
ONVY HealthTech Group GmbH | Target | Company | An AI-driven precision health company based in Munich, focused on personalizing health engagement through technology. |
Voloridge Health, LLC | Investor | Company | A subsidiary of Voloridge Investment Management, focused on leveraging data science for healthcare transformation. |
Voloridge Investment Management, LLC | Parent Company of Investor | Company | Known for sophisticated quantitative investment strategies, extending its expertise into health technology investments. |
Adrian Kochsiek | CEO and Founder of ONVY | Person | Founder and CEO of ONVY, driving the company's mission to revolutionize health engagement through AI. |
David Vogel | Co-Founder of Voloridge Health | Person | Co-founder of Voloridge Health, expressing the strategic interest in AI health-tech advancements. |
Anna Neubert | Press Contact for ONVY | Person | Responsible for media relations at ONVY HealthTech Group GmbH. |