Yas.life announced securing €2.8 million from IBB Ventures, Deutsche Rück and other German investors.

Yas.life, a Berlin, Germany-based developer of a loyalty app for the health insurance business, announced that it completed a funding round totalling €2.8 million ($3.4M).

The money was raised from German investors, including IBB Ventures, Deutsche Rück and a number of undisclosed German angel investors.

Yas.life, founded in 2016 by Magnus Kobel, operates a fitness app with which users receive rewards for physical activity, healthy eating, mindfulness or preventive care. The startup operates at the interface between InsurTech and digital health and works with insurance companies, health insurances and companies and offers its software there as a white label solution.