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Isartal Ventures

Isartal Ventures

Baierbrunn (Munich area), Germany·Founded 2018··isartal-ventures.de

Isartal Ventures is the corporate venture capital arm of Wort & Bild Verlag (publisher of Apotheken Umschau), founded in 2018 and based in Baierbrunn near Munich. Operating as an evergreen balance-sheet investor, it takes direct minority stakes in early-stage digital-health startups and established health companies across the DACH region, backing them with capital, editorial expertise and the reach of the group's health-media brands. It focuses on digital business models that strengthen local pharmacies and health literacy, and co-sponsors the 60 million euro NOVENTI/Isartal/URSAPHARM/DvH digital-health fund. A sister vehicle, Isartal Health Media, holds media and agency stakes. Notable investments include XO Life, ONVY, honic, DoctorBox, Onqo Health and Ninebarc.

AUM
Funds
2
vintages 1991–2020
Portfolio
13
Exits
0
SectorsHealthcareTMTSoftware

Key facts

HQBaierbrunn (Munich area), Germany
Founded2018

Recent exits

No exits recorded yet.

Coverage notes

2 funds tracked, 13 portfolio companies (13 active · 0 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Isartal Ventures has raised, with its portfolio companies. Hand-checked from public filings.

2 funds
Digital Health Fund (NOVENTI / Isartal / URSAPHARM / DvH)Life Sciences VC
2020 · 6yr€60M1 active

Unrealized

1 held
gesund.deActive
HealthTechGermany· Entry 2021
Isartal Ventures (CVC Balance Sheet)Evergreen
1991 · 35yr12 active

Unrealized

12 held
HealthTechGermany· Entry 2022
Business ServicesGermany· Entry 2023
DoctorBoxActive
HealthTechGermany· Entry 2020
HealthTechGermany· Entry 2022
Business ServicesGermany· Entry 2024
MedudyActive
HealthTechGermany· Entry 2023
NinebarcActive
HealthTechGermany· Entry 2023
HealthTechGermany· Entry 2023
ONVYActive
HealthTechGermany· Entry 2023
HealthTechGermany· Entry 2018
Business ServicesGermany· Entry 2021
XO LifeActive
HealthTechGermany· Entry 2024
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Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Kai Langohr
Managing Director (since June 2025)
Last updated July 2026 · Sourced from public filings