Kranus Health closes a $1.2M seed round for men’s health platform development
The Munich-based startup Kranus Health has raised $1.2 million in a seed funding round from High-Tech Gründerfonds, A Round Capital, Venture Basecamp and business angel Dr Ralph Müller. Previous backers including Konstantin Mehl, founder of Foodora + Kaia Health, also participated.
Founded in 2020 by Thilo Kleinschmidt, Jens Nörtershäuser, Nikolay Dimolarov and Dr Kurt Miller, Kranus Health is a developer of a digital men’s health platform. The startup has a goal to increase the health awareness of men and support them in preventive care. The first solution of Kranus Health is going to be a reimbursable digital therapy for erectile dysfunction and for related cardiovascular diseases such as heart attacks.
“Kranus Health has developed an offer based on scientific findings that provide urologists with completely new and, above all, root-cause-oriented options in the treatment of their patients,” Dr Miller, who serves as Chief Medical Officer, explains.
The proceeds will help Kranus Health to develop and expand its platform with further offerings, as well as expand the existing expert network of urological specialists it is working with.