| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | Finland |
| Sector | Hrtech |
| Total raised | €12M (Business Finland, Verso Capital, 2012–2019) |
| Collapse type | Slow Death |
| Founder | Jouni Tegelman |
Aino Health
"Finnish workforce health and absence-management SaaS listed on Nasdaq First North in 2019—then delisted in 2023 as revenues stagnated and the product failed to expand beyond the Nordic public sector."
Years-long decline before final shutdown
Key Events Timeline
Aino Health was founded in Helsinki in 2012 to help Nordic employers manage workforce health, absence rates, and occupational health compliance.
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