- digital health
Berlin, 20.08.2020. Project A’s portfolio company Klara will receive an investment of 15 million US dollars from Google's AI-focused venture capital fund Gradient Ventures. Klara was founded in Berlin in 2013 and offers a digital health messaging platform connecting doctors and patients.
"Project A has been supporting Klara from a very early stage on, both financially and operationally," says Uwe Horstmann, General Partner at Project A. "Google's involvement in European and in particular German startups is a rare occurrence. Which is why we are all the more pleased for Klara’s founders Simon Bolz and Simon Lenz," Horstmann emphasises.
Klara is developing a doctor-patient communication technology that uses artificial intelligence to automate several processes. "Gradient specialises in companies with an AI-focus and is therefore a perfect partner for the further development of Klara's technology," says Simon Bolz, co-founder and co-director of Klara.
Klara currently prefers the healthcare market in the United States to the German system. "From a German perspective, Klara is already a very aggressive and wide-ranging solution. However, this is exactly what the inefficient and expensive health care system in the US needs in order to save costs and improve its offer to patients who have to pay for health care services themselves," says Uwe Horstmann.
About Project A
Project A is one of the leading venture capital companies in Europe with offices in Berlin, Munich and London. In addition to $500 M in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 110 employees from key areas such as software engineering, business intelligence, marketing, recruiting, and many more.In 2020 Project A was named Germany's best VC by Business Insider magazine. Project A was founded in 2012 and since then has supported more than 60 start-ups in 12 countries. The portfolio includes companies such as Catawiki, WorldRemit, Homeday, Spryker, sennder, KRY, Trade Republic, and Voi.