Business
MPAssist Hits Break-Even and Tops 500,000-Franc Target Without Outside Capital
By News Desk ·
Key takeaways
- MPAssist surpassed its 500,000-franc revenue target before the end of the year and reached break-even without additional external capital.
- Three investors offered 500,000 francs for 20% of MPAssist on Höhle der Löwen Schweiz, but the deal was not finalized after the show.
- MPAssist counts more than 170 Swiss healthcare facilities as customers and raised a $300,000 pre-seed round in February 2024.
MPAssist surpassed its 500,000-franc revenue target before the end of the year and reached break-even without raising additional external capital, the Swiss startup said. The company disclosed the milestone after appearing on the Swiss television show "Höhle der Löwen Schweiz," startupticker.ch reported on November 13, 2026.
MPAssist's Offer From Three Investors
On the show, investors Tom Zimmermann, Lars Mangelsdorf and Philippe Sali jointly offered 500,000 francs for 20 percent of MPAssist, with the stake reduced to 15 percent if the startup reached one million francs in revenue within 12 months. The deal was not finalized after the broadcast because talks showed the parties' views on long-term strategic direction did not fully align.
MPAssist was founded in 2024 by Michelle Plüss and Enrico Mayor and has developed an AI assistant for medical professionals. The company says more than 170 Swiss healthcare facilities are customers, using the tool for time-intensive administrative work such as writing reports, nursing documentation and summarizing patient files.
"Wir sind zudem Break-even – und das, ohne zusätzliches externes Kapital aufzunehmen," Plüss said. The Zug-based startup has also advanced talks with potential strategic partners, according to the report.
MPAssist's Funding and Product History
MPAssist raised a $300,000 pre-seed round in February 2024 to support product development, according to akta.pro company records. The same records list one funding round on file and total funding of $300,000 at the pre-seed stage, with the last round dated February 21, 2024.
The company launched the MPAssist Medical AI Suite in 2024 as a single unified product for Swiss healthcare providers and established initial operations in Rotkreuz, Switzerland, the same year. Company records list its headquarters in Rotkreuz, a headcount range of 1 to 10, and a revenue estimate under $1 million.
What Comes Next for MPAssist
MPAssist has not set a date for finalizing any agreement with strategic partners. The company's own announcement and the report give no timeline for a next funding round or for the partner talks.