Funding round
Neko Health Series A
Neko Health, which works in preventive healthcare services in Stockholm, raised $65M in a Series A round announced on 5 Jul 2023, led by Lakestar. 3 firms took part. It is Neko Health's first venture round on record.
$65M
Amount raised
60,000,000 EUR converted
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Neko Health did not disclose a valuation in this round. It is Neko Health's first venture round on record, 5 years after it was founded in 2018. It is 6.4% of the $1.03B Neko Health has raised in the venture rounds on record. Neko Health raised again 18 months later: a Series B round of $260M in Jan 2025, at $1.80B post-money.
Neko Health's funding rounds
Neko Health has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Lakestar led the round with 2 other firms.
Lead investor
- Lakestar backs 95 venture-backed companies new investor
Also in the round
- Atomico backs 123 venture-backed companies new investor
- General Catalyst backs 574 venture-backed companies new investor
Joined the board: Klaus Hommels (Lakestar) and Niklas Zennström (Atomico).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
23 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $10M, and this round was 6.5 times the median. The closest in time, other companies' Series A rounds in Health Care Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 20 Jul 2023 | $11M | not disclosed | RPM Ventures and Eos Venture Partners |
| Health Care Services | 27 Sep 2023 | $25M | not disclosed | GV |
| Health Care Services | 19 Sep 2023 | $10M | not disclosed | MemorialCare Innovation Fund and Epic Ventures |
| Health Care Services | 18 May 2023 | $10M | not disclosed | TNB Aura and Antler |
| Health Care Services | 18 Oct 2023 | $10M | not disclosed | GV |
| Health Care Services | 19 Oct 2023 | $480K | not disclosed | Inflection Point Ventures |
| Health Care Services | 30 Nov 2023 | $4.0M | not disclosed | Exfinity Ventures |
| Health Care Services | 11 Dec 2023 | $5.0M | not disclosed | Altara Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Neko Health raise in its Series A round?
Neko Health raised $65M in its Series A round, announced in Jul 2023.
Who led Neko Health's Series A round?
Lakestar led it, with Atomico and General Catalyst.
What was Neko Health's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Health Care Services?
23 Series A rounds in Health Care Services within a year either side disclosed an amount; the median was $10M, and this round was 6.5 times the median.
Did Neko Health raise again after this round?
Yes: a Series B round in Jan 2025 of $260M at $1.80B post-money.