Reach Capital announces final closing of Extens E-Health Fund III above its initial target of 100m€
Reach Capital is pleased to announce the final closing of Extens E-Health Fund III above its initial target of 100m€. Since 2014, Extens is fully dedicated to the e-health market, with a particular focus on publishers of B2B and B2C healthcare software.
Congratulations to all the Extens e-santé team
Extens announces the final closing of its Extens III fund at €106 million. This is the third vehicle for Extens, which provides equity financing to French digital health companies to support their growth strategies.
Following on directly from Funds I and II, this third fund will support ten or so SMEs in the digital health sector, with a high proportion of recurring revenues (> 50%) and a turnover of between €3 and €20 million, with investments of up to €15 million. The objective is to identify the best potentials, to support their development and to make them the leaders of tomorrow in their field.E
Full Press Release in French: https://www.extens.eu/document-documents-article-c598e2a3-27ed-463f-8129-6467e09010a7/extens-annonce-le-closing-de-son-troisieme-fonds-logiciels-et-donnees-de-sante.pdf
Following on directly from Funds I and II, this third fund will support ten or so SMEs in the digital health sector, with a high proportion of recurring revenues (> 50%) and a turnover of between €3 and €20 million, with investments of up to €15 million. The objective is to identify the best potentials, to support their development and to make them the leaders of tomorrow in their field.E
Full Press Release in French: https://www.extens.eu/document-documents-article-c598e2a3-27ed-463f-8129-6467e09010a7/extens-annonce-le-closing-de-son-troisieme-fonds-logiciels-et-donnees-de-sante.pdf
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