clare&me, a Berlin, Germany-based AI healthtech startup specializing in psychological support, has raised a €3.7 million funding round.
Investors
The round was led by Munich-based HealthTech investor YZR, with participation from new investors Kodori Ventures and Material Ventures, alongside existing supporters, including Antler and several angel investors. The company has also secured grant funding from the IBB, European funds, and the Federal Ministry of Education and Research.
Founded in 2021, YZR Capital is a venture capital firm based in Munich, Germany. YZR focuses on the added value of synergistic expertise within its investment team and sector focus.
clare&me Use of Funds
The company will use the funding to enhance its technology, specifically to develop an empathic Clinical Large Language Model (CLLM) and expand its product suite to include automation for clinical anamnesis interviews.
About clare&me
Founded in June 2021 by Celina Messner and Emilia Theye, clare&me provides a voice-based digital psychotherapist designed to assist with issues such as fear, stress, and panic through smartphone interactions. Its AI-driven voice bot, Clare, offers mental health support via phone calls and WhatsApp messaging, providing guidance, reflection, and coping strategies for emotional problems.
Funding Details
Company: clare&me GmbH
Raised: €3.7M
Round: Unknown
Funding Month: August 2024
Lead Investor: YZR
Additional Investors: Kodori Ventures, Material Ventures, Antler, IBB, European funds, Federal Ministry of Education and Research
Company Website: https://www.clareandme.com/
Software Category: AI Mental Health Support
Source: https://www.eu-startups.com/2024/08/berlin-based-clareme-raises-e3-7-million-to-train-an-empathic-clinical-llm/