Health-tech startup Aera Health raises 4 million euros

A few weeks after Spotify founder Daniel Ek announced that he would transform healthcare through preventive medicine, a health-tech startup from Basel follows suit: Era Health today announced pre-seed funding of EUR 4 million to revolutionize preventive medicine in the DACH region. The company valuation is 25 million euros.

“We don’t relate to our health unless it leaves us and we’re sick,” Andrea Gartenbach, co-founder and chief medical officer of Aera Health, told t3n in February. According to her, the life span of people has increased in recent decades, but the “health span” has not moved with it. “We then go to the doctor, to the pharmacy or to the naturopath if the child has already fallen into the well,” says Gartenbach.

Aera Health’s digital platform wants to change that with its P4 medicine offering. P4 stands for predictive, preventive, personalized and participatory.

“The linchpin of the healthcare of the future is the creation of personal health profiles. With Aera Health, we are creating the basis for a personal action plan that serves as a navigation system for maintaining individual health,” says Gartenbach.

Tim-Ole Pek, Co-Founder and CEO of Aera Health, adds: “Consumers increasingly want to take their health into their own hands, but are trapped in systems with fragmented offerings that are disconnected from one another. Aera Health’s customizable toolkit will provide the blueprint for a modern, data-driven approach to medicine that coordinates health and well-being for the benefit of all.”

The personalized health plans are created based on each individual’s personal history, fitness and medical laboratory values. Aera Health wants to give patients the opportunity to intervene before health risks manifest themselves in the form of symptoms.

The offer is aimed at private individuals and companies. The costs for the treatment must be borne by the patients themselves. The smallest package costs around 300 euros, the “wish-free package” up to 10,000 euros per year. The latter includes the entire range of services, starting with “testing” and the entire range of therapies, including stem cell therapy, to personal training offers.

Treatment is provided through Aera’s own practices and through B2B partnerships such as with longevity clinics, doctor’s offices, laboratories or fitness and wellness centers.

Aeara Health will initially focus on the DACH region. The first store in Munich is scheduled to open in April. Further locations offering health checks, orthobiological services and longevity offers such as stem cell therapy, intravenous and cell-regenerating therapies are to follow later this year.

Area’s investors include former Amazon consumer CEO Jeff Wilke, Logitech CEO Bracken Darrell, Neworld and Korify Capital. The capital is to be invested primarily in the expansion of the digital platform, the infrastructure and the team.