What is Patronus?
Founded in 2021 by Ben Staudt and Tim Wagner, Patronus is a German healthcare technology company focused on enhancing the lives of the elderly. Headquartered in Berlin, the startup develops digital tools designed to improve elderly care and overall wellbeing. Their current offerings include a specialized digital watch software for seniors and a companion mobile application for carers and family members, facilitating better communication and support.
How much funding has Patronus raised?
Patronus has raised a total of $7M across 1 funding round:
Angel/Seed
$7M
Angel/Seed (2022): $7M with participation from Lukas Pieczonka, Hanno Heintzenberg, Unternehmer TUM, Cavalry Ventures, and DN Capital
Key Investors in Patronus
Unternehmer TUM
UnternehmerTUM is a leading center for innovation and entrepreneurship in Europe, dedicated to transforming visions into successful businesses. They support startups, founders, and companies by providing a range of services including acceleration, incubation, and access to funding.
Cavalry Ventures
Cavalry Ventures is a Berlin investment fund that bundles and leverages the many years of experience of its partners to support leading technology companies. The fund's partners have repeatedly funded, founded, built and sold market-leading companies such as Delivery Hero, Tradeshift or Plista and now share their know-how within the Fund's portfolio.
DN Capital
DN Capital is a global early-stage venture capital firm founded in 2000, with offices in London, Berlin, and San Francisco. The firm focuses on investing in Seed, Series A, and select Series B opportunities across four key sectors: Software, AI, Fintech, and Consumer Internet.
What's next for Patronus?
With the recent influx of major strategic investment, Patronus is poised for significant expansion. The company's focus on digital transformation within the elderly care sector aligns with growing global demand for innovative healthtech solutions. This capital infusion will likely fuel product development, enhance user acquisition strategies, and potentially support market expansion into new territories. Patronus's trajectory suggests a move towards scaling its operations and solidifying its position as a key player in the digital health landscape for seniors.
See full Patronus company page
