padoa, a specialist in the digitalisation of occupational health, has completed an #80 million funding round led by Five Arrows Growth Capital (FAGC) – to further accelerate its expansion.
padoa, a specialist in the digitalisation of occupational health, has completed an #80 million funding round led by Five Arrows Growth Capital (FAGC) – to further accelerate its expansion.
padoa was founded in late 2016 by a team of five co-founders within venture builder Kamet Ventures, with the mission to improve the health of millions of workers by applying innovation and technology to occupational health. The company designs and develops software and services that are dedicated to occupational health centres.
Kamet Ventures will continue to hold a majority stake, alongside Five Arrows which has become a significant shareholder. padoa’s management team also retains a significant equity interest. Five Arrows will provide padoa with strategic and financial support, as well as access to Rothschild & Co’s network in the healthcare and technology sectors.
