Munich-based Kaia Health, which creates personalised, app-based physical therapies for chronic conditions, has raised a €7.3 million funding round led by Optum Ventures. The startup previously raised a round of €8.8 million in January 2019.
Kaia Health calls itself ‘a physiotherapist in your pocket’. Its leading product is an app to treat back pain, and the new funding will be used to accelerate Kaia’s growth in the US – where back pain problems have been traditionally treated using opioids, leading to a major drug epidemic. However Kaia is also exploring digital treatment programs for other chronic conditions, namely chronic obstructive pulmonary disease (COPD). We interviewed