Kindred Health, a femtech company in the Philippines, has successfully completed its pre-Series A funding round, raising $2.5 million in the first tranche. The company has also secured commitments for an additional $3 million in the second tranche upon achieving key milestones, bringing the total to $5.5 million.
Launched in 2021, Kindred has quickly become known for providing accessible, affordable, and high-quality healthcare services for women. In 2022, it introduced a web-based telehealth service and built a robust social media community. By 2023, Kindred raised $1 million in seed funding, opened its first clinic, and launched the Kindred mobile app.
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Kindred began with a virtual clinic during the pandemic and went on to open a physical clinic in Taguig City in 2023 to better meet its clients’ needs. Partnering with over 70 doctors across 25 sub-categories, Kindred offers consultations with trusted specialists from OBGyn to mental health, contraceptives, health screenings, immunizations, IV therapy, nutrition and fitness coaching, and other wellness services. The Kindred mobile app further simplifies service discovery, appointment booking, follow-ups, and continuity of care.
By 2024, Kindred’s client base has grown to more than 20,000 women, with over 40% of these clients returning for multiple visits, highlighting the company’s strong product-market fit. To keep up with growing demand, Kindred is launching a new clinic in Quezon City in July.
The recent funding round was led by Integra Partners, with participation from Kaya Founders, KSR Ventures, Ava Zobel Pessina, Pawikan Capital Group, Tenco Capital, and individuals such as Dr. Frans Beltran and Micaela Beltran.
“We are deeply grateful to our investors for their trust and belief in our mission. This will enable us to scale our services, improve our technology, and increase our capacity to better serve our clients, paving the way for future generations of women in the Philippines,” said Jessica de Mesa-Lim, Co-Founder and CEO of Kindred.
“At Integra, we believe that women’s health is a huge market opportunity in Southeast Asia and globally, especially as the healthcare industry starts to gain a deeper understanding of how women manifest different symptoms and respond to treatments differently across a range of diseases and conditions,” said Jennifer Ho, partner at Integra Partners. “It’s been a privilege to work with Jess to map out the future of Kindred and how it can serve this burgeoning market.”
The latest funding will support several key strategic initiatives: geographical expansion with plans to open 10 additional clinics by year-end, particularly in underserved areas, to ensure greater accessibility to high-quality healthcare services for women across the Philippines; investment in technology to further enhance its digital platforms, providing a more seamless online-to-offline (O2O) experience for users; introduction of new services tailored to address critical women’s health issues, including infectious diseases, infertility, and menopause. These services will offer personalized and comprehensive care solutions, empowering women to make informed decisions about their health and well-being.