Digital Health Ventures

What Digital Health Ventures does

Digital Health Ventures (DHV) is a Berlin-based early-stage venture capital firm that invests exclusively in digital health startups across Europe. The firm is organized through DHV Management GmbH as the management entity, alongside DHV Geschäftsführungs GmbH and the investment vehicle DHV Investors GmbH & Co. KG, all domiciled at Gervinusstr. 3c, 10629 Berlin. Founded in 2015, DHV maintains a lean team of approximately 1-10 employees led by co-founders and managing directors Ulli Jendrik Koop and Guido Hegener, with additional managing partner Min-Sung Sean Kim and associate Joon Kang. The firm describes its value proposition as providing capital alongside active hands-on operational support, underpinned by a network of investors, founders, and domain experts.

DHV's disclosed portfolio comprises six companies spanning the digital health value chain: WeFight (AI-powered patient support applications across 5 European countries plus Canada, with expansion plans for the US, Latin America, and a Berlin office); She's Well (US-focused fertility concierge connecting users to IVF, egg freezing, and wellness coaching with financing); Liva Healthcare (chronic disease prevention and management platform used by NHS England since December 2017 and Scandinavian health authorities); DrugStars (medication review platform with over 20 million user-donated stars converted to charitable donations); TeleClinic (German telemedicine platform acquired by Zur Rose Group AG in July 2020); and Pflegetiger (decentralized neighborhood home-care concept in Germany). The portfolio spans France, Germany, the UK, Denmark, the US, and Canada through its underlying companies.

As a venture capital fund, DHV does not sell products or services to end customers. Its revenue mechanics follow the standard VC model of management fees on committed capital plus carried interest on realized exits, with the TeleClinic exit representing the firm's most material disclosed liquidity event to date. The firm sources deals primarily through inbound pitch decks ([email protected]), its corporate website, and its network, and reaches founders via email, LinkedIn, and direct outreach.

Name

Digital Health Ventures

Legal name

DHV Management GmbH

Website

https://dhventures.de

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Digital Health Ventures is a Berlin-based early-stage venture capital fund investing exclusively in European digital health startups, providing capital and hands-on operational support across telemedicine, chronic disease management, fertility, and patient-facing health applications.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Venture capital investing
• Digital health startups
• Early-stage investments
• Healthcare venture capital
• Startup funding

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels6 records

Core offering

Digital Health Ventures is a venture capital fund that invests capital in early-stage digital health startups and provides active hands-on support to portfolio companies. The firm is organized through DHV Management GmbH and associated fund vehicles based in Berlin, and currently holds a portfolio spanning patient-support mobile applications, fertility concierge services, chronic disease management platforms, medication review platforms, telemedicine, and home care solutions.

Product overview

Digital Health Ventures (DHV) is a venture capital firm focused on investing in digital health startups, rather than a product company. The firm does not offer a unified product platform; instead, it provides investment capital and support to early-stage digital health companies. DHV's portfolio includes WeFight (AI-powered patient support applications), She's Well (fertility concierge services), Liva Healthcare (chronic disease management platform), DrugStars (medicine review and donation platform), TeleClinic (telemedicine communication platform), and Pflegetiger (neighborhood care concept). These portfolio companies represent the digital health solutions that DHV has invested in, not products offered directly by DHV Management GmbH.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• WeFightcoreStrategic or Co-development PartnerPortfolio company developing free mobile applications supporting patients with chronic diseases and cancer using AI. Based in Paris/Montpellier, founded 2017 by Benoît Brouard and Pierre Nectoux. Operates in 5 countries in Europe and Canada.
• She's WellcoreStrategic or Co-development PartnerPortfolio company providing concierge service for women and couples seeking professional fertility support. Platform connects users to IVF, egg freezing, and wellness coaching services with financing options.
• Liva HealthcarecoreStrategic or Co-development PartnerPortfolio company operating digital platform for preventing and managing chronic diseases such as type 2 diabetes and heart disease. Major customers include NHS England since December 2017 and Scandinavian health authorities.
• DrugStarscoreStrategic or Co-development PartnerPortfolio company becoming the 'TrustPilot' for medicines, allowing users to review medications and earn stars that can be donated to patient charities. Users have donated over 20 million stars.
• TeleCliniccoreStrategic or Co-development PartnerPortfolio company providing communication platform enabling simple and secure communication between doctors and patients in Germany. Allows patients to reach German specialists 24/7 via video, chat, and telephone. Acquired by Zur Rose Group AG in July 2020.
• PflegetigercoreStrategic or Co-development PartnerPortfolio company developing innovative concept of neighborhood care to make in-home care attractive for care professionals again. Features decentralized organization model combining everyday tasks and prescribed medical services using modern technology.

Recent moves6 records

Expansion highlights5 records

Direct peers

• Earlybird: Berlin-based European venture capital firm with a dedicated health tech investment practice, making early-stage digital health investments across the same geographies as DHV.
• Heal Capital: Berlin-based venture capital fund purpose-built for early-stage digital health startups in Europe, directly comparable to DHV in thesis, stage focus, and geography.
• Speedinvest: Vienna-based European early-stage VC with a dedicated digital health and bio team, backing founders across Europe with operating support similar to DHV's model.
• HV Capital: Munich- and Bonn-headquartered German venture capital firm with active healthcare and digital health exposure, comparable in stage and geography.
• btov Partners: European venture capital firm with a dedicated digital health fund and active early-stage healthcare deal flow across the DACH region and wider Europe.
• Wellington Partners: Munich-based European venture capital firm with a long-standing focus on digital health and life sciences, comparable to DHV in stage and sector specialization.
• Forbion: European life sciences and health-focused venture capital firm with comparable digital health and biotech exposure, investing from seed to growth stages.
• Sofinnova Partners: Paris-based European venture capital firm specializing in healthcare and life sciences, comparable to DHV in digital health and biotech investing across Europe.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/dh_ventures
• Facebookfacebook.com/digitalhealthventures
• LinkedInlinkedin.com/company/dhv---digital-health-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digital Health Ventures