German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

The round, which includes a €7m option, was led by DNV, with participation from CIBC Innovation Banking and a group of additional investors, according to Beinsure.

Following the transaction, DNV becomes Recare’s largest shareholder, underlining its strategic commitment to digital health infrastructure and workflow optimisation in regulated environments.

Founded in 2017, Recare develops workflow technology for hospitals and post-acute care providers, focusing on the often complex transition of patients from hospital settings into rehabilitation, nursing, or home-care.

Its software-as-a-service platform digitises discharge management, allowing hospitals to search for and coordinate follow-up care through a standardised digital process rather than relying on manual phone calls, faxes, and fragmented documentation.

The company says the new funding will be used to accelerate the rollout of its AI agent across hospitals and care facilities, while also supporting international expansion. Recare plans to deepen its presence across Germany and push further into overseas healthcare markets, responding to rising operational pressures and staffing shortages across Europe’s health systems.

According to the company, its network now connects around two-thirds of German hospitals, more than 650 rehabilitation clinics, and roughly 26,000 nursing and homecare providers. The platform is designed to reduce administrative delays, improve information flow, and help patients move more quickly into appropriate post-acute care settings.

Recare’s AI agent acts as a central layer on top of existing hospital IT systems. It coordinates workflows across departments, automates documentation tasks such as medical letters and handover protocols, and extracts structured data from unstructured sources including PDFs, scans, and free text. The company argues this approach reduces data silos and improves continuity across care pathways.

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