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__Berlin, 12.5.2021.__ Unmind, the digital mental health platform, raises a $47M Series B funding round led by EQT, with Project A, Sapphire Ventures and Felix Capital also participating. Unmind offers a digital workplace mental health platform that empowers employees to proactively measure and manage their mental health through scientifically-backed assessments, tools and trainings. Unmind has already partnered with some of the world’s top employers enabling organizations to make informed decisions about their wider mental health strategy. Unmind is built on the vision to create a world where mental health is universally understood, nurtured and celebrated. 

__Thies Sander__, General Partner at Project A, says: "Unmind has clearly hit the nerve of growing macro trends towards mental health solutions. The platform has seen phenomenal growth since we first invested in their Series A and the Covid-19 pandemic has accelerated the demand for mental wellbeing at the workplace. We are happy to continue to support the team along their mission to change the way organisations think and care about mental health."

Read why we first invested in Unmind’s Series A in 2020 [here](https://insights.project-a.com/creating-a-world-where-mental-health-is-universally-understood-nurtured-and-celebrated-35ab8a801c92).

Unmind raises $47M to tackle workplace mental health

Unmind Website

__Berlin, 03.05.2021.__ Project A co-invests in Inwerk, the leading online provider of professional office furniture in Germany. The private equity co-investment is made in collaboration with the Triton Smaller Mid-Cap Fund advised by Triton, which acquired a majority stake in Inwerk earlier this year. Inwerk is an award winning designer of unique and innovative office furnishing solutions. Led by its two founders, the company is serving over 400,000 customers, including 75% of the Dax 30 members.

__Ben Fischer__, General Partner at Project A, states: “Inwerk is a true success story in a very dynamically changing market. Once the Covid-19 pandemic has passed, we will see a huge shift in how offices will be used, designed or restructured. Inwerk can make the difference here and Project A is very happy to support their journey with our operational team.”

Inwerk develops, manufactures and sells innovative design office furniture systems. The company has a product range of 10 million article variants, which it sells via its online store and two large office furniture exhibition locations. Inwerk specializes in designing custom-tailored office furniture with a proprietary planning service of its in-house team of interior designers. 

The company has been recognized as a top innovator and has received numerous design and sustainability awards such as the iF gold design award 2021 for Inwerk’s Masterbox Kitchen. In the Open Innovation Lab "LAB-3", completed in 2020, Inwerk researches and develops new systems for new work infrastructures and for home office furnishings. 

__About Inwerk__
Inwerk is one of the leading online providers of professional office furniture in Germany. Inwerk was founded in 2001 and has 105 employees in two offices. The company, headquartered in Meerbusch near Düsseldorf, is a pioneer in online multi-channel marketing and an award-winning designer of unique and innovative office furnishing solutions. The company has served over 400,000 customers with a comprehensive product and service offering including own design furniture and 3D office planning services.
Inwerk's most recent developments include completely new types of office furniture systems that have been proving themselves in practice in many companies since 2019 and provide the tools for flexible and transparent new work infrastructures, such as the multifunctional Masterbox® furniture system. In 2018, Inwerk also developed home office furniture that gives home offices the same ergonomic quality as classic office workplaces and meets the requirements of the German Occupational Health and Safety Act, which stipulates that health and safety requirements must be met. www.inwerk.de 

__About Triton__
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 48 companies currently in Triton's portfolio have combined sales of around €17.7 billion and around 102,000 employees. For further information: www.triton-partners.com 

__About Project A__
Project A is one of the leading venture capital companies in Europe with offices in Berlin and London. In addition to $600 M in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 100 experts 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. www.project-a.com 

Project A invests in Inwerk

inwerk website

__Berlin, 27.04.2021.__ Digital healthcare provider and Project A portfolio company Kry announces the closing of a 300m USD funding round (Series D) to further expand its telemedicine service in Europe. The new funding round increases Kry’s company valuation to over 2bn USD thus achieving unicorn status.

The series D funding round was led by CPP investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors Project A, The Ontario Teachers’ Pension (OTPP), Index Ventures, Accel and Creandum. 

Project A has been investing in Kry early on since its seed funding round in 2016. __The Project A operational team__ has supported Kry on an operational level in various areas: In terms of marketing efforts, the team helped scale Kry’s global performance marketing and conducted go to market campaigns in several markets, in particular in Germany. Additionally, the team organized Kry’s country management in Italy, Poland and Spain as well as supported data engineering. 

Kry is the European leader in digital healthcare, providing patients with the means to see a doctor via video or chat on their smartphone or tablet. To this date, Kry has completed over 3 million patient meetings.

__Thies Sander__, General Partner at Project A, says: “Project A is all about investing at very early stages to help tech startups be successful: Back in 2016 we invested in Kry’s seed funding - now with a $300M Series D round, Kry has become the next European unicorn. The team around Johannes Schildt has proven that the complex and highly regulated healthcare sector can be disrupted successfully via digital means. We look forward to being part of their continued journey in Europe.”

Read more on our operational support for Kry in [our case study](https://insights.project-a.com/on-the-way-to-scalability-fef933263f0).

KRY secures 300m USD financing round raising company valuation to unicorn

KRY PAV Website

6 million EUR Seed Funding Round for PropTech Evernest

Evernest PAV Website

press-release-2021-03-25-evernest-seed-funding-round

Southern European iBuyer Casavo raises 200 million EUR in new capital

Casavo Website

Digital freight forwarder sennder raises 160 million USD funding round, achieving 1bn unicorn valuation

PAV Website Sennder

Press Release 2021-01-14 sennder raises 160M USD funding round

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Project A is an operational VC that provides capital, network, and exclusive access to a wide range of operational expertise. The Berlin-based investor with $500 M assets under management backs early-stage companies in the digital technology space.