HTGF, Hessen Kapital and SME financiers participate in capital increase for PraxisEins.

PraxisEins – Strategic capital increase by HTGF and Hessen Kapital

November 28, 2023

Frankfurt am Main, 28.11.2023 – The state-supported practice network PraxisEins is receiving a further strategic capital increase from High-Tech Gründerfonds (HTGF), bmh Beteiligungs-Managementgesellschaft Hessen (via the Hessen Kapital I fund) and market expert investors. The Frankfurt-based company makes it easier for doctors to enter the field of outpatient care, thereby addressing the impending shortage of GPs. The new capital will be deployed to further develop the company’s own software solutions and expand the existing network to include additional practices.

On behalf of the PraxisEins Group, I would like to thank HTGF, bmh Beteiligung-Managementgesellschaft Hessen (bmh) and all new investors for the trust they have placed in us. We are delighted to be able to continue our growth course to become the leading GP practice network together and with state support.

Vincent Sternberg, CEO, PraxisEins Group

PraxisEins enables structurally better patient care with state-of-the-art technology – especially in underserved areas. We are convinced that, together with the PraxisEins Group team, we can tackle the massive problem of GP undersupply and solve it to some extent.

Sebastian Schnell, Investment Manager, bmh

Over 35% of GPs are older than 60 – GP shortage looming

There will be a shortage of around 11,000 GPs in Germany by 2035. On the one hand, the baby boomer generation is about to retire, and on the other, working independently is becoming less and less attractive for the young generation of doctors. The high administrative burden, financial risks and a lack of work-life balance are increasingly preventing GPs from focusing fully on patient care.

The modern care concept of PraxisEins is unique and benefits not only doctors but also patients in particular. We look forward to continuing to be part of PraxisEins’ success story in the future and to supporting the outstanding team in its further technological development and expansion.

Daniela Bach, Senior Investment Manager, HTGF

Administrative relief and digital solutions for doctors and patients

Using specially developed software and administrative support in the areas of human resources, billing and business management, PraxisEins actively relieves medical staff and medical partners in their day-to-day work. Patients not only benefit from longer consultation hours, but can also book doctor’s appointments online across the entire practice network, take advantage of video consultations and order prescriptions and remedies easily online.

from left Benjamin Langer, CTO, Dr. med. Roland Strasheim, Regional Director, Vincent Sternberg, CEO | Photo: PraxisEins

About PraxisEins
PraxisEins is a state-supported practice network with the aim of solving the impending GP care vacuum. In order to avert the structural undersupply in large parts of the country, the practice network creates attractive jobs in poorly supplied regions and helps with its own software solutions for practice administration and patient communication.

About bmh
bmh Beteiligungs-Managementgesellschaft Hessen mbH, based in Wiesbaden, was founded in 2001 and is a wholly owned subsidiary of Landesbank Hessen-Thüringen Girozentrale (Helaba). Through the Wirtschafts- und Infrastrukturbank Hessen (WIBank), bmh is actively involved in business development in the state of Hesse. As a medium-sized investment and venture capital company, bmh bundles public investment interests and financing instruments for early-stage, growth and medium-sized companies in Hesse. The bmh currently manages six investment funds with a total investment volume of around 125 million euros. Since its foundation, bmh has invested in a total of more than 500 companies. Its investment focus includes the software & IT, life sciences, mechanical and plant engineering, industrial goods, professional services and e-commerce sectors. More information about bmh and its funds: www.bmh-hessen.de

About High-Tech Gründerfonds
The seed investor High-Tech Gründerfonds (HTGF) finances tech start-ups with growth potential and has supported more than 700 start-ups since 2005. With the launch of its fourth fund, HTGF now has about 1.4 billion euros under management. Its team of experienced investment managers and start-up experts support young companies with expertise, entrepreneurial spirit and passion. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry and related business areas. To date, external investors have injected about 5 billion euros of capital into the HTGF portfolio via more than 2,000 follow-on financing rounds. In addition, HTGF has already successfully sold shares in more than 170 companies.
Fund investors in this public-private partnership include the German Federal Ministry for Economic Affairs and Climate Action, KfW Capital and 45 companies from a wide range of industries.

Media contact
High-Tech Gründerfonds Management GmbH
Tobias Jacob, Senior Marketing & Communications Manager 
T.: +49 228 – 82300 – 121
t.jacob@htgf.de