Tengelmann et. al in second round for Ottonova

Alongside the new investors are Holtzbrinck Ventures and Vorwerk Ventures, both of which had previously provided the company with investment at an earlier stage.

Ottonova will use the extra capital to continue to develop and launch its platform. It is targeting formal approval from the relevant federal financial authority by the end of 2017.

Previous funding
No official information has been released but, according to press reports, the company raised €5m in a previous round, bringing the total funding received to date up to €21m.

Company
Founded in 2016 and headquartered in Munich, Ottonova is a health insurance software company. The team has backgrounds in both technology and medicine, including CEO and founder Roman Rittweger who is a medical doctor. The company is aiming to create a digital platform that provides private health insurance products. It currently employs 45 staff.

People
Ottonova – Roman Rittweger (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Early-stage
• DACH
• Technology
• Germany
• Venture
• Holtzbrinck Ventures