DNV Leads €37 Million Growth Financing to Scale Recare’s AI Platform for Hospitals and Care Facilities

DNV Leads €37 Million Growth Financing to Scale Recare’s AI Platform for Hospitals and Care Facilities

(IN BRIEF) DNV has led a growth financing round of up to €37 million for Recare, enabling the Berlin-based health tech company to scale its AI-driven platform for hospital discharge and aftercare coordination. With participation from CIBC Innovation Banking, the investment will support international expansion and accelerate the rollout of Recare’s AI agent, which automates administrative workflows, integrates hospital IT systems, and helps healthcare providers address workforce shortages and operational pressure.

(PRESS RELEASE) HØVIK, 30-Jan-2026 — /EuropaWire/ — DNV has led a growth financing round of up to €37 million, including a €7 million option, for Berlin-based health technology company Recare. The investment positions DNV as the company’s largest shareholder and is supported by additional funding from CIBC Innovation Banking and other investors. The financing will accelerate the scaling of Recare’s AI-driven platform for hospitals and care facilities in Germany and international markets.

Founded in 2017, Recare provides a software-as-a-service platform that digitally streamlines discharge management and aftercare coordination. Today, the platform is used by around two-thirds of German hospitals and more than 26,000 care providers. The new funding will fast-track the rollout of Recare’s AI agent while supporting the company’s planned expansion beyond its core European market.

The AI agent is designed to relieve hospitals and care facilities from growing administrative pressures by automating complex workflows and coordinating processes across departments. Healthcare systems across Europe are facing mounting workforce challenges, with the European Commission estimating a shortage of approximately one million doctors and nurses — a gap expected to widen significantly by 2030. Recare’s technology is intended to help address this challenge by enabling healthcare professionals to spend less time on administration and more time on patient care.

According to Daniel Holth Larsen, Managing Director of Digital Health at DNV, Recare demonstrates how smarter data use can translate into measurable productivity gains in healthcare. He noted that Recare’s leadership position and ambition to scale AI-enabled workflows internationally align closely with DNV’s focus on solutions that improve efficiency, reliability, and interoperability through secure and trusted data.

Recare’s AI agent functions as a central coordination layer that integrates existing hospital IT systems. It automates routine documentation such as medical letters and handover protocols, while extracting and structuring data from PDFs, scans, and free text into interoperable formats. By breaking down data silos, the platform enables smoother end-to-end coordination across clinical and administrative workflows.

Maximilian Greschke, Chief Executive Officer of Recare, said hospitals are under increasing operational pressure as administrative workloads grow. He explained that Recare’s AI agent leverages unstructured data to orchestrate workflows more efficiently, significantly reducing administrative overhead. The new investment, he added, will accelerate deployment of the AI agent across Germany and abroad, helping healthcare providers strengthen workforce capacity during a period of acute skills shortages.

DNV has supported the healthcare sector for nearly four decades and continues to expand its digital health investment portfolio. In addition to Recare, this portfolio includes companies such as DNV Imatis, MBI Health, and Patients Know Best, reflecting a broader strategy to enable data-driven, efficient, and resilient healthcare systems.

Charlotte Goggin, Director at CIBC Innovation Banking, said the organisation is pleased to support Recare’s latest growth phase. She noted that administrative processes consume a significant share of healthcare professionals’ time and that Recare’s platform helps streamline discharge and aftercare workflows while improving outcomes for patients requiring continued care.

About Recare

Recare is a leading health tech company, improving hospital operations and care coordination with AI-driven workflow technology. Its network connects around two-thirds of German hospitals and more than 650 rehabilitation clinics and 26,000 nursing and homecare providers, helping reduce administrative workload and improve patient flow.

Founded in 2017 and headquartered in Berlin, Recare is expanding its AI technology into international markets to help healthcare providers work more efficiently and deliver more data-driven, sustainable care.

About DNV

DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through its broad experience and deep expertise, DNV advances safety and sustainable performance, sets industry standards, and inspires and invents solutions.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps its customers seize opportunities and tackle the risks arising from global transformations. DNV is a trusted voice for many of the world’s most successful and forward-thinking companies.

DNV has enabled stakeholders in the healthcare sector to make critical decisions with confidence for more than three decades, delivering hospital accreditation and certification. The company’s digital health solutions empower healthcare providers to tackle rising costs, staff shortages, and demand for care with solutions that improve patient safety and assure an efficient digital transformation.

About CIBC Innovation Banking

CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC now has over $15BN in funds managed including life sciences, health care, cleantech companies, investors and entrepreneurs, and has assisted more than 550 venture and private equity backed businesses over the past six and a half years. Over the last 12 months, CIBC Innovation Banking has committed over $3BN in venture loans to the innovation economy. Connect with us today to start the conversation.

Media Contact:

Christian Parker
Brand and Communications Manager, Cyber security and digital health

SOURCE: DNV