Europ Assistance acquires majority stake in Pflegix

Generali subsidiary Europ Assistance has been one of Pflegix's investors for three years. Now it owns the majority of the start-up.

Europ Assistance has acquired a majority stake in Pflegix in a capital increase. The Generali subsidiary has already been working with the care start-up since 2019 and has also been one of the investors since then. In addition, existing investor Thomas Wötzel and Pflegix founder and chief technology officer Andreas Helget participated in the financing round.

In addition, there is a change at the top of the start-up: co-founder and previous managing director Tim Kahrmann is leaving Pflegix after six years. Thomas Wötzel will be the new managing director. The 51-year-old investor has already been part of the start-up's management team since January of this year.

Andreas Helget and Tim Kahrmann founded Pflegix in 2016 as an online marketplace for care, support and everyday help. The platform places care professionals, everyday helpers and household helpers with people in need of assistance, such as senior citizens. According to its own information, the start-up's network now includes more than 20,000 certified helpers.

"I am very pleased that Europ Assistance has decided to take a majority stake," says future Pflegix CEO Thomas Wötzel. "Despite numerous offers in consulting, relief, support, care and nursing, it is sometimes very difficult for caring relatives to organize a well-functioning care network. Here we would like to offer in the future together also for the numerous regional offers a platform, in order to make these offers easily accessible, to coordinate and in the quality to develop."