Kenbi raised €23.5 million in a round led by Endeavour Vision.

Kenbi, a Berlin, Germany-based healthcare provider, announced the completion of a €23.5 million series A funding round.

The money is a combination of debt and equity raised from investors led by Endeavour Vision and joined by Redalpine, Heartcore, Headline, Partech and Amino Collective participate with the newly joined Mutschler Ventures and lender Silicon Valley Bank.

The proceeds will be used to expand its supply network in Germany and further develop its technologies.

Kenbi, founded in 2019 by Clemens Raemy, Katrin Alberding (co-CEOs) and Bruno Pires, built a modern nursing service with outpatient care in Lower Saxony. The company operates through a proprietary app and tech stack, which help organise local ‘care teams’ that provide outpatient, at-home services, including some care covered by medical insurance, household help, advice and companionship. Their services include insurance authorized and covered medical care, household help, basic care, advice and companionship. In addition, Kenbi is known to offer expert help in the areas of diabetes, wound care and palliative care.

The Kenbi model stands apart from other outpatient care services, as it is ditching the hierarchies for self-managed teams, empowering caretakers through digitalisation, higher education and decision-making power within their local teams.

Kenbi has about 400 patients across Germany and previously raised a pre-seed funding round in 2019 and a seed funding round of more than €7 million at the start of 2021.