Berlin-based actio, an app that connects you to real coaches and a global community for fitness, mindfulness, and self-optimisation, has raised €10M in its Seed round of funding from Heal Capital, alongside HV Capital & Cavalry Ventures.
Nikita Fahrenholz and Daniel Stahlkopf are the founders of actio. Delivery Hero and foodspring are two of their successful projects. Their goal is to create a platform, democratise professional coaching and make it affordable for everyone.
How is actio different from its competitors?
Founded in 2019, actio is a platform and live community for people who want to optimise themselves and their lives in the long run. The platform offers more than 100 different live courses on a daily basis. Some of these courses include, meditation (e.g. Monday Anxiety Relief, Care & Love), Pilates to yoga (e.g. Bed-Time, Flex & Flow), Happiness Journaling or fitness offers (e.g. HIIT, Ballet/Barre), the courses are on average 15 minutes long.
According to the company, the actio app is based on a specially developed VoIP call software that connects users with real coaches worldwide and brings them together in group calls.
The company believes, in order to create a new routine, the brain needs a powerful trigger. And this is where actio claims to be making a difference. It replaces app notifications with calls to motivate its users. So, instead of a push notification, participants receive a call before the course begins.
Eckhardt Weber, Partner, and MD of Heal Capital says, “actio hits exactly the zeitgeist with its product. We all start with good intentions and usually fail after just a few weeks. actio, with its motivating approach, manages to establish healthy and positive routines in everyday life that will strengthen well-being and health in the long term.“
About Heal Capital
The VC fund was founded in 2019 and in the field of health-tech, it claims to be one of the leading venture capital funds in Europe. “We reimagine healthcare by leveraging cutting-edge technology to make a difference in people‘s lives.”
Heal Capital is dedicated to investing in the integrated health-tech sector starting from Series Seed onwards and has a total investment volume of €100M. It is backed by leading private health insurances and deeply rooted across the German healthcare ecosystem.
Previous funding
Back in December 2020, the startup had reportedly raised about €8.5M from HV Capital and Cavalry Ventures. Angel investors and co-investors also participated in that round, including Stefan Jeschonnek and Jan Deepen (Sum-Up co-founders), Fabian Siegel (CEO Marley Spoon), Doreen Huber, Atomico Angel Fund, Udo Schloemer (Founder Factory), Karl-Moritz Herrmann (former Google Deepmind Berlin) as well as music producer Tassilo Ippenberger and Thomas Benedix (Second State and Pan-Pot).