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August 01, 2017
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Rakuten invests in Swiss health startup dacadoo
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Tokyo (SCCIJ) – The digital health company dacadoo, based in Zurich, Switzerland, has completed a new capital raise with Rakuten Capital, the investment arm of the Japanese e-commerce market leader Rakuten, as the lead investor. dacadoo develops and operates a digital, mobile health engagement platform that helps employees actively manage their health in an easy and fun way. The platform calculates your personal dacadoo Health Score, a number from 1 (poor) to 1’000 (excellent). The free tracker application is free and available for all major mobile phone operating systems.
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Patented, real-time health score Based on over 200 million person-years of clinical data, its patented, real-time Health Score makes health individually measurable, which provides users with a unique engagement experience, while also offering dacadoo’s enterprise customers an effective way to measure the true health impact of wellness programs. Available in over 11 languages including Japanese, dacadoo’s technology is provided as a fully branded, white-label solution or it can be integrated into customer products through its API. The dacadoo health platform enables the tracking of over 100 fitness activities (outdoor and indoor sports) either over the mobile dacadoo Logo of Swiss health app dacadoo tracker app or via manual entry. The dacadoo energy models are based on MET (metabolic equivalent of Task, according to the Compendium of Physical Activity, Stanford University) which measures the intensity of a physical activity.
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Motivational techniques from online games To engage users to remain active and healthy, the company applies motivational techniques from online games, collaborative features from social networks, personalized feedback and the patented dacadoo Health Score to better understand and improve their health. The company’s technology platform incorporates an artificial intelligence chatbot to foster daily engagement with consumers, while the dacadoo Health Score is backed by clinical data and was developed in collaboration with top global experts in health, nutrition and risk modeling. Oskar Mielczarek de la Miel, Managing Partner of Rakuten Capital, commented, "We are excited to partner with dacadoo, a company with an innovative approach to engaging with consumers through technology to enable better health outcomes, while providing insurers and healthcare providers with valuable data and a significant cost reduction opportunity." Peter Ohnemus, founder and CEO of dacadoo, added: "We are delighted and honored to gain such a prestigious investor such as Rakuten Capital and we’re very excited with the joint opportunities that lie ahead”. Rakuten Capital, the corporate venture capital arm of Rakuten, Inc., made the investment through the Rakuten FinTech Fund. Michael Piechalak of Rakuten Capital will join dacadoo’s Board of Directors. Free dacadoo health tracker apps dacadoo, based in Zurich, Switzerland, is a global technology company and innovative business partner that is driving the digital transformation in healthcare. Its motto: Live healthy! Track and benchmark your health and fitness. Get your dacadoo Health Score, share activities with friends, win challenges!
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You can download the free dacadoo smartphone tracker app for iPhone, Android and BlackBerry to track your fitness activities automatically. Text and photo: dacadoo
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