Ixo leads €5.2m round for Care Labs

Ixo PE and Soridec respectively provided €5m and €200,000 in the round. Soridec first backed the group in 2015, alongside venture funds Sofimac Partners and Sofilaro.

Care Labs' founding team, consisting of 10 people and led by CEO Vincent Daffourd, will retain the majority of the company shares.

With the fresh funding, the group will expand its 20-strong team and develop new electronic services for the healthcare sector. It will also look to expand its services geographically, especially in the French Grand Sud region.

Previous funding
In 2015, Soridec, Sofimac and Sofilaro provided a €2m round of funding for Care Labs.

Company
Founded in 2014 and based in Montpellier, Care Labs offers a range of electronic services to the healthcare sector. Its products include Carepay and Carepay TP, payment and third-party payment services for health insurance companies and health professionals; 1001 Docteurs, an online appointment booking system for GPs and patients; online shareable health record Carebook; and Check Health, which offers prepaid smart cards or credit in a smartphone app for health checkups and medical bills.

The group currently employs 20 people in Paris and Montpellier. It claims to have a network of 28,000 partners and 500,000 beneficiaries. It reportedly has revenues of €6m at present.

People
Ixo Private Equity – Rémi Chériaux (investment director).

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• Topics
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