November 26, 2018
San Francisco, Tokyo
Technology, Healthcare, Financial Technology and Services
Capital raise / fund raise
GCA Advises GOQii on Its Series B Financing Led by Mitsui
GCA advised health tech leader GOQii on its Series B financing round led by Mitsui, one of the most active healthcare investors globally. Existing investors including NEA and DSG Consumer Partners, and several new investors including Galaxy Digital and Denlow Investment Trust, participated in the round.
Founded in 2014 and headquartered in Silicon Valley, GOQii pairs its wearable fitness band with a smart tech-enabled healthcare platform that unites the preventative healthcare ecosystem. The company offers tools for real-time personalized coaching, health checkup scheduling, as well as a behavioral rewards program complete with an online health store.
Tokyo-based Mitsui & Co. Ltd (“Mitsui”), a leading Japanese conglomerate, has one of the world’s largest healthcare-related portfolios with investments including hospitals, pharmaceuticals, medical devices and dialysis clinics.
Mitsui’s investment and partnership will enable GOQii to further expand across its primary service area India and enter Japan – a country with an aging population and a focus on preventative healthcare. GOQii will also use the funds to acquire talent and enhance its platform.
GCA acted as exclusive financial advisor to GOQii.