What investment strategy does Isartal Ventures focus on?

Isartal Ventures focuses on VC, Growth strategies in the private equity space.

How many portfolio companies does Isartal Ventures have?

Isartal Ventures has 19 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.

Where is Isartal Ventures headquartered?

Isartal Ventures is headquartered in Baierbrunn (Munich area), Germany.

When was Isartal Ventures founded?

Isartal Ventures was founded in 2018.

What sectors does Isartal Ventures invest in?

Isartal Ventures invests across Healthcare, TMT, Software.

What are Isartal Ventures's recent exits?

Recent realized exits by Isartal Ventures include: Develop HealthTech (2026) to Forte Health (joint venture with Forte).

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Isartal Ventures

Baierbrunn (Munich area), Germany·Founded 2018·

Venture Capital Growth Equity

·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

vintages 1991–2020

Portfolio

Exits

Isartal Ventures is a Baierbrunn (Munich area) venture capital firm with 19 active companies and 1 exit.

SectorsHealthcare TMT Software

Sector breakdown

20 companies

HealthTech

10 · 50%

Business Services

3 · 15%

Key facts

HQBaierbrunn (Munich area), Germany

Founded2018

Websiteisartal-ventures.de

Recent exits

Isartal Ventures sold Develop HealthTech to Forte Health (joint venture with Forte) in 2026 after 3 years.

Partners

Kai LangohrManaging Director (since June 2025)

Coverage notes

2 funds tracked, 20 portfolio companies (19 active · 1 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Kai Langohr

Managing Director (since June 2025)

Funds & portfolio

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

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Digital Health Fund (NOVENTI / Isartal / URSAPHARM / DvH)

Life Sciences VC2020€60M8 assets

Life Sciences VC

2020 · 6yr

€60M

–

Unrealized

8 held

Company	Entry
Berlin Health Media Germany	2023
BodyFast Germany	2026
Flying Health Germany	2025
Forte Health Germany	2026
gesund.de HealthTech · Germany	2021
HCP Publishing Group Germany	2024
Markom Group Germany	2020
Medienbüro Medizin Germany	2021

Isartal Ventures (CVC Balance Sheet)Active

Evergreen199111 assets1 exits

Evergreen

1991 · 35yr

–

Unrealized

11 held

Company	Entry
DasKrebsportal.de HealthTech · Germany	2022
DoctorBox HealthTech · Germany	2020
honic (Health Data Technologies) HealthTech · Germany	2022
Looping Group Business Services · Germany	2024
Medudy HealthTech · Germany	2023
Ninebarc HealthTech · Germany	2023
Onqo Health HealthTech · Germany	2023
ONVY HealthTech · Germany	2023
PTA Channel HealthTech · Germany	2018
Vita Health Media Business Services · Germany	2021
XO Life HealthTech · Germany	2024

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Develop HealthTech Business Services · Germany	2023	2026	Trade Sale	Forte Health (joint venture with Forte)	–

Frequently asked questions

What investment strategy does Isartal Ventures focus on?: Isartal Ventures focuses on VC, Growth strategies in the private equity space.
How many portfolio companies does Isartal Ventures have?: Isartal Ventures has 19 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.
Where is Isartal Ventures headquartered?: Isartal Ventures is headquartered in Baierbrunn (Munich area), Germany.
When was Isartal Ventures founded?: Isartal Ventures was founded in 2018.
What sectors does Isartal Ventures invest in?: Isartal Ventures invests across Healthcare, TMT, Software.
What are Isartal Ventures's recent exits?: Recent realized exits by Isartal Ventures include: Develop HealthTech (2026) to Forte Health (joint venture with Forte).