Axomove Raises €1.6M in Funding
Axomove, a Lille, France-based digital health-tech startup which offers solutions to care and prevent physical health conditions, raised €1.6m in funding.
Backers included Faraday Venture Partners, Santélys and Groupe JLO.
The company intends to use the funds to roll out its e-health solution on a large scale to its main target customers: rehabilitation centers, insurers/mutual insurance companies and large corporations, strengthen the sales team, enhance investments in medico-economic evaluation and reinforce the therapeutic education content, and continue its R&D efforts to develop new functionalities for patients and practitioners with motion capture technology.
Launched in 2017 by Pierre-Yves Carlier, physiotherapist, Boris Leveque, former professional handball player and Alexandre Morel, PhD in Biotechnology, and led by President and co-founder Clément Morel, Axomove provides a SaaS based e-health platform that offers customized support for prevention and rehabilitation through video sessions of therapeutic exercises and remote access to health professionals.
For rehabilitation centers, Axomove is a SaaS software that allows practitioners to take hybrid care of their patients through personalized self-education and remote education sessions. For corporate employees and insured persons, the company offers a complete preventive care solution that allows them to access targeted physical exercise programs to reduce their musculo-articular pain and to benefit from the advice of Axomove’s physiotherapists, who are available for telehealth consultation.
Since Axomove’s inception, over 5,000 practitioners and 25,000 patients have used its platform. The company has signed several structuring partnerships as part of programs to prevent musculoskeletal disorders risks (France Télévision, Allianz) and to improve evidence-based self-rehabilitation practices with hospitals and clinics (Lille University Hospital), as well as pharmaceutical companies (Ipsen)
Located in the Euratechnologies campus in Lille, Axomove currently employs 20 people and plans to hire 30 new employees over the next three years.