B2B Women’s Health Platform Peppy has raised £6.6M led by Felix Capital to further scale its digital health platform dedicated to menopause, fertility, pregnancy, and early parenthood. Previous investors Hambro Perks, Outward VC and Seedcamp also participated. The U.K. based company was founded in 2018 and offers consultations with experts in various ways. Services can be accessed via an app, that features (group) messaging, events, consultations, and evidence-based information.
When it comes to health issues like menopause, fertility, pregnancy, and even early parenthood, the data tells us that people typically turn to search engines and social media for advice to ask about symptoms or concerns they have. They tend not to go to a medical practitioner, in the first instance. The suggestion, therefore, is that there is plenty of room for startups to fill that gap This is effectively the verticalisation of the model first pioneered by startups like KRY, Babylon Health, and Ada Health.
It offers its services to a corporate customer base, which then incorporates Peppy into its employee health programs, enabling it to acquire some large employers in the UK and grow – it says – by 20 percent month-on-month for the past 12-months. Customers include BNP Paribas, Santander, DFS, Wickes, NHS trusts, the University of Sheffield.
Source: Techcrunch