Voluntis, a portfolio company of the SISA fund and a digital biotech specialized in digital therapeutics in diabetes and oncology, is focused on empowering people suffering from chronic conditions to self-manage their treatment every day, thus improving real-world outcomes. Its therapeutic solutions, which work in real time thanks to digitized clinical algorithms, provide patients with tailored recommendations via a mobile app and equip their care team with patient data via a web app.
First IPO in the digital therapeutics space in Europe
Voluntis completed a successful Initial Public Offering (IPO) raising €30m on compartment C of the Euronext regulated market in Paris (VTX – ISIN: FR0004183960). This is the first IPO in the digital therapeutics space in Europe. These funds will finance the company’s growth and its large scale deployment of new generation therapeutic solutions.
The company has 120 employees based in Paris and Boston and benefits from more than 10 years of clinical studies. LBO France supports Voluntis since 2014 through the SISA fund and seats on its board of directors. "Since our initial investment in 2014, Voluntis has built a remarkable track-record to become a recognized leader in digital therapeutics. The funds raised through the IPO will enable the company to accelerate its international development and execute its ambitious growth plan.»Franck Noiret, Managing Director, LBO France.
About LBO France
As a key player in private equity with €3.4Bn of capital under management, LBO France is an independent company that has been supporting French and Italian companies in their growth for more than 30 years. Its investment strategy is built on 4 distinct segments managed by dedicated teams: (i) Mid Cap Buyout through the White Knight funds and Small Cap Buyout through the Hexagone/Small Caps Opportunities funds, (ii) Venture Capital through the SISA/Digital Health funds, (iii) Real Estate through the White Stone and Lapillus funds, (iv) Debt. LBO France is 100% owned by its management and employs nearly 60 professionals.