PwC Legal advises nilo.health on 8 million U. S. Dollar seed funding round led by Speedinvest
Berlin, 24th May 2021
A team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) provided comprehensive legal advice to nilo.health GmbH on a 8 million U. S. Dollar seed financing round led by Speedinvest. In addition, PROfounders Capital, Vorwerk Ventures and pre-seed investor Atlantic Labs, as well as well-known business angels including Hanno Renner, Jonas Rieke, Oliver Manojlovic and Michael Wax participated in this equity investment.
nilo.health is a Berlin and Munich-based mental health platform for the workplace. Founded in 2019, the company’s aim is to make high quality mental health support easily accessible for everyone, enabling employers to conveniently and effectively offer mental health services as a company benefit. Through its evidence-based and confidential platform, nilo.health thrives to provide employees with the right level of care based on their individual needs: The support ranges from 1 on 1 sessions with psychologists to group sessions to digital, self-guided tools.
nilo.health plans to use the raised funds to meet accelerating demand for its mental health services, expand its global provider network from 22 languages to 40+, and continue to provide high quality and evidence-based solutions to support employers around the world.
Speedinvest is an early-stage venture capital firm with more than 600 million Euro AuM and 40 investors based in Berlin, London, Munich, Paris and Vienna. Its sector-focused teams aim to be the first to fund Europe’s most innovative technology startups, and to provide founders with in-house operational expertise in growth, human resources, US market expansion and more. Speedinvest’s portfolio comprises of over 250 companies.
Advisors to nilo.health
PwC Legal (Berlin):
Gerhard Wacker (lead), Klara Körber, Hauke Jaeschke, Genia Rudneva (all Corporate / M&A)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
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