Berlin-based tech-driven startup, Kenbi, which is developing software to help nurses as well as fill the gaps in the healthcare system, has raised €7M in its Seed round of funding. The round was led by Redalpine, and existing investors including Heartcore, e.ventures, and Partech.
Use of the raised capital
Kenbi will use the raised capital to grow its care-teams, automate back-office processes and further develop the proprietary care and staff management app.
Everything about Kenbi
The company was founded in 2019 by Bruno Pires, Clemens Raemy, and Katrin Alberding. Kenbi is on a mission to attract more people to the nursing profession by improving the job itself and re-centering patient care.
The company brings professional care services to patients in the comfort of their homes, serving long and short-term patients in Germany. Their services include insurance authorised and covered medical care, household help, basic care, advice, and companionship.
All teams are supported by mobile technologies across their work activities. Bruno Pires, CTO & co-founder of Kenbi explains, “Building a full-stack technology platform is essential to scale a decentralised care model. Our proprietary nurse app helps to connect team-members and team-hubs with each other and allows nurses to focus on their patients instead of paperwork and bureaucracy. It enables efficient care planning, team coordination, documenting, and analysis of data.”
Additionally, Kenbi is known to offer expert help in the areas of diabetes, wound care, and palliative care.
What is it doing differently?
The Kenbi model stands apart from other outpatient care services, as it replaces hierarchies for self-managed teams and empowers caretakers through digitalisation, higher education and decision-making power within their local teams
Explaining the Kenbi model, co-founder Katrin Alberding, says, “A happy nurse means a happy patient. In a market where people make all the difference, we saw the need to re-think home care from the perspective of the nurse. Our solution is a model that combines innovative organisational structures with agile processes and digital tools.”
Instead of creating one big hierarchy, Kenbi grows organically through many small, local and self-organising teams that are more agile and intimately connected within their network.
The company claims to provide home care to over 400 patients through decentralised, local care-teams and is growing rapidly across Germany.
The German out-patient care market is projected to be worth €25B by 2030 due to demographic developments such as an aging western population. The market is largely funded by mandatory insurance and is highly fragmented, with the top 15 players holding less than 3% market share. The sector is still massively “under-digitised” – paper and fax are the standard communication tools even today.
With a shortage of up to 500,000 caregivers in the German care system by 2030, Kenbi is on a mission to make the nurse job attractive again.