French start-up Wefight has raised €10 million in a funding round led by German fund Digital Health Ventures, French fund Impact Partners, Investir & +, and business angels from the Badge network. 2CFinance provided financial due diligence for the transaction.
Founded in 2017 by Benoît Brouard and Pierre Nectoux, Wefight has developed 15 applications, named Vik, which use artificial intelligence to provide 5 million automated responses to patients with chronic illnesses and cancer. The answers are validated by expert practitioners and delivered via a chatbot.
With this funding, Wefight plans to expand its presence in Europe, the US, and Latin America. It will also finance the development of coverage for a greater number of chronic illnesses and the implementation of a remote monitoring platform for patient health evolution, aimed at healthcare professionals. The company currently employs 70 people and expects to recruit 30 more by the end of 2022.
Digital Health Ventures is a German venture capital firm that invests in digital health start-ups. Impact Partners is a French venture capital firm that invests in innovative companies in the fields of health, education, and environment. Investir & + is a French investment platform. Badge is a network of business angels that invests in start-ups.
This latest funding round will help Wefight to continue its mission of improving the lives of patients with chronic illnesses and cancer through the use of artificial intelligence.