Extens announces the closing of its third fund "Healthcare Software and Data"

Back Published on 06/07/2022

Extens announces the final closing of its Extens III fund at €106M. This is the third vehicule for Extens, which support French digital health companies' growth strategies with equity financing.

In direct continuity with Funds I and II, this third fund will support about ten SMEs in the digital health sector, showing a significant share of recurring revenues (> 50%) and a size of 3 to 20 million euros in revenues, with tickets up to 15 million euros. The objective is to identify the best potentials, to accompany their development and to make them tomorrow's leaders in their field.

« Extens is experiencing rapid growth. With the closing of Extens III, we now have nearly 200 million euros under management — exclusively dedicated to digital health — making Extens the benchmark fund in this field. With these 100 million euros to be invested by 2025, mostly in French SMEs, we are contributing to a positive impact on the digital transformation of our healthcare system. »