HealthTechInvestment

B2B digital health platform听Peppy听has听raised 拢6.6 million in听Series A funding.听

Founded in London in 2018, it听provides tailored, expert-led support to individuals before they need to see a doctor, bridging the gap between online searches and hard-to-access clinical care.

Its mission听is to plug some of the biggest gaps in healthcare that occur during major life and family transitions 鈥 menopause, fertility, pregnancy and early parenthood听鈥撎齱hich not only impact the lives of individuals and their families,听but also workplace inclusion and wellbeing.

For听example, women of menopausal age make up the fastest-growing demographic of the UK workforce and 63 per cent say their听menopause symptoms have had a negative impact on their work, with 30 per cent taking sick leave. 75 per cent felt unable to tell a line manager the real reason for their absence.听

Following the听investment led by Felix Capital听鈥撎齱ith previous investors听including Outward VC,听Seedcamp听and Hambro Perks also participating 鈥 the听startup听will expand its services into other areas.

Peppy听gives users direct access to听highly-qualified, expert practitioners via a secure mobile app. Services include instant messaging, group chat, video consultations, live events, evidence-based articles, videos and programmes.听

Through the app users can join a community听of people who are experiencing similar life challenges.

The听company鈥檚 corporate customer base now includes some of the largest employers in the UK and has grown by 20 percent month-on-month for the past 12 months, and the pace looks to accelerate further with strong demand for future verticals from existing customers听and a fast-growing pipeline of prospective clients.听听

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Mridula听Pore,听co-founder of Peppy, said:听鈥淭he pandemic has shown听us that employers can鈥檛 just talk about supporting their employees鈥 health and wellbeing anymore, they听have to听take action.听

鈥淢ore and more leading businesses are turning to us to provide the support their people really need 鈥 not a one-size-fits all solution,听but support that is trustworthy, personalised and delivered by experts. We鈥檙e still at the surface of what is possible for Peppy.鈥

Peppy听proudly supports a diverse, growing customer base, ranging听from magic circle law firms (Allen & Overy, Clifford Chance),听to banks (BNP Paribas, Santander), to retailers (DFS, Wickes), to public sector employers (NHS trusts, the University of Sheffield). Peppy听support is available to all employees, from entry level to the C-suite.

Earlier听this year, Vitality Health partnered with Peppy to become the first UK private medical insurer to offer specialist menopause support, making Peppy available to over 650,000 Vitality members.听

Peppy听is on track to launch the world鈥檚 first men鈥檚 health service available to employers. The new service will focus on urological, hormonal, mental and lifestyle health.听

Co-founder听Max Landry听said:听鈥淗aving听experienced the challenges of parenting first-hand, I am thrilled to see more and more people get access to the support they need.听

鈥淢ore and more employers are learning that providing remote, inclusive support for the individual is key.听

鈥淭his new investment lets听us build on and scale our current services and accelerate the launch of new verticals, like men鈥檚 health, and ultimately get more support to more people.鈥