Ecovery raises financing and announces acquisition

The start-up wants to combat back, hip and knee pain with a therapy app. The founders have now secured new capital.

The therapy app Ecovery closes a second round of financing. 1750 Ventures, Adesso Ventures and business angel Frank Steinert are investing. At the same time, the company announces the acquisition of Online Physiotherapie GmbH (OPT). As part of this, Ecovery integrates the OPT YouTube channel with over 100,000 subscribers and the digital prevention courses for a pain-free back into its offering. OPT founder Raphael Ibele is also joining the Ecovery management team.

"We are very pleased that we are joining forces and can now cover almost the entire patient journey with OPT," says Ecovery founder Marcus Rehwald. "This puts us in a position to offer patients a solution at every stage of their lives and to help people anywhere and at any time."

Rehwald founded Ecovery in 2019 together with Benedict Rehbein and Alexander Georgi. The founders' therapy app is intended to be a "physiotherapist for your pocket". With the help of sensor-supported therapy exercises for home use, patients should get better faster. Among other things, the app includes videos for home training and a pain diary. The start-up claims to be working with various health insurance companies such as Techniker (TK) and AOK Plus.