SOLEOS advised the Munich-based veterinary practice startup Filu on the latest financing round with venture capitalists YZR and DN Capital as lead investors and co-investors such as Johannes and Maximilian Stengel from the Vimajo Family Office, in which EUR 5.1 million was raised.
Rivus Capital and Auxxo Female Catalyst, among others, invested in Filu as part of the financing round in October last year, which was also accompanied by SOLEOS.
Filu is building new technology-based veterinary practices at the interface between prevention, emergency treatment and digital advice using a “de novo” approach. Filu has been operating its first practice in Munich since February, with a further practice due to open shortly. Filu’s mission is to provide a better experience with personalized and convenient holistic care. With a veterinarian on the founding team, Filu is tackling the structural problems of veterinary medicine and using technology to create new ways of working with less administration and more flexible working models.
Filu plans to invest a large part of the capital from the latest financing round in software development, including an app with medical information, chat options and digital invoices. The software to be developed is also intended to speed up internal processes and relieve veterinarians of administrative tasks such as writing medical letters.