Private Markets

CNP Assurances is supporting the development of H4D, the pioneer in medical teleconsultation solutions

CNP Assurances, alongside Bpifrance and Innovation Capital, is taking a capital stake in H4D and joining the board of directors, in a EUR 6.7m fundraising deal that will enable the French teleconsultation specialist to accelerate its commercial development.

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As a responsible investor engaged in financing the economy, CNP Assurances is continuing its
investment programme into innovative start-ups by taking a capital stake in H4D. A pioneer company
in the field of medical teleconsultation, H4D has completed its second funding round, raising EUR
6.7m to finance the commercial development of its e-health solutions including the Consult Station, a
connected medical unit that can remotely perform health check-ups and undertake general or
specialist medical consultations.

The fundraising exercise was led by a syndicate involving the Innovation Capital Fund, Bpifrance and
CNP Assurances. The Luxembourg family office Atoga, the historic shareholder of H4D, has also
increased its investment. Following the deal, Peggy Séjourné, Services Strategy Director for the
social protection and services business unit at CNP Assurances, shall be joining the H4D board of
directors.

Since it was founded in 2008, H4D has pursued its original mission to respond to changes in
healthcare needs and combat social and regional inequalities in terms of access to care. By collecting
information about the patient, such as body temperature, blood pressure, heartrate and bodyweight, or
by carrying out ENT examinations and hearing and sight tests, the Consult Station can remotely
process 85% of the most common reasons for seeking a medical consultation at a classic health
centre.

CNP Assurances is one of the top 50 institutional investors in unlisted companies worldwide, and one
of the leaders in France. The Group annually invests EUR 500-700m in this asset class, and in so
doing supports unlisted businesses throughout their lifecycle. The Group recently launched the Open
CNP scheme that aims to finance and support the development of innovative start-ups. This scheme
will also be mutually beneficial to CNP Assurances by stimulating further growth drivers, and
contributing to the company’s digital transformation.

CNP Assurances’ Chief Digital Officer Magali Noé said: “We are delighted to support the development
of H4D in its mission to combat healthcare inequality through innovation in the field of medical
teleconsultation. The deal perfectly reflects the CNP Assurances group’s digital dynamism and fits in
with its strategy to develop high added value e-health services
”.

Hélène Falchier, Head of Private Equity Investment at CNP Assurances, added: “This latest
investment in a start-up, which is a pioneer in its field, bears the hallmark of our Open CNP scheme,
much like our investment into the Lendix crowdlending platform in April
”.

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