What is Patronus?
Founded in 2021 by Ben Staudt and Tim Wagner, Patronus is dedicated to developing digital tools that improve the quality of life and care for the elderly. The company's offerings include a specialized digital watch software designed for seniors and a complementary mobile application catering to carers and family members. This dual-pronged approach aims to bridge communication gaps and provide essential support systems within the elder care ecosystem, addressing a critical need in the growing healthcare technology sector.
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 Cavalry Ventures, DN Capital, Hanno Heintzenberg, Lukas Pieczonka, and Unternehmer TUM
Key Investors in Patronus
Cavalry Ventures
Cavalry Ventures is a Berlin investment fund with extensive experience in supporting leading technology companies, known for its intensive support of portfolio companies and strong network within the ecosystem.
DN Capital
DN Capital is a global early-stage venture capital firm focusing on Seed, Series A, and select Series B opportunities in Software, AI, Fintech, and Consumer Internet, with a strong network and financial expertise.
Unternehmer TUM
UnternehmerTUM is a leading European center for innovation and entrepreneurship, dedicated to transforming visions into successful businesses by providing acceleration, incubation, and funding access to startups.
What's next for Patronus?
With the recent infusion of major strategic investment, Patronus is poised to accelerate its development and market penetration. The company is expected to leverage this capital to enhance its existing digital watch software and carer app, potentially expanding its feature set and user base. Further investment in research and development for innovative elderly care solutions is anticipated, alongside strategic partnerships to broaden its reach within the healthcare industry. This funding positions Patronus for significant scaling and impact in the digital health space.
See full Patronus company page
