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: