We advised the Estonia-based health tech startup CARÁ Health on raising over EUR 100 000 in their pre-seed round to change the face of modern maternity care.

Bringing personalization into maternity care

CARÁ Health’s goal is to continuously improve maternal health and well-being throughout the maternity period by creating an innovative type of medical practice that combines not only traditional preventative medicine but also offers holistic complementary services.

They are leading the way in bringing personalization into maternity care, giving mothers the opportunity to feel empowered, informed, and confident throughout the entire maternity period.

Wide interest from the market

After setting up the first vertical of hybrid health care and well-being system with their clinic in Tallinn and their team of 15 highly qualified specialists, CARÁ is now focusing on combining the existing services with innovative technology. The funds will be used to support the development and launch of the App.

Well-known Estonian angel investors such as Triin Hertmann (Grünfin, ex. Wise), Kristel Kruustük (Testlio), Jevgeni Kabanov (Bolt), and Dag Nurm (former CEO and owner of North-Estonian Rehabilitation Center) as well as international investor Veronica Diquattro (DAZN, ex. Spotify) participated in the round.

Innovative throughout

CARÁ not only operates as a new version of the maternity care system for women but also creates a long-overdue change in the working environment of medical specialists by giving every team member ownership of the company through the startup Koos.io.

Our services and client team

We advised CARÁ throughout the fundraising process on all legal matters.

We advised CARÁ on a pro bono basis, as part of our Shared Mission program for the year 2022, through which we provide EUR 100,000 worth of free legal and tax advice to companies and initiatives that aim to do good in local and global communities in an innovative way.

Our client team was led by senior associate Mirell Prosa.