Free-for-employee health support platform, Peppy Health has secured $45 million (approximately £37m) Series B funding for a “massive” US expansion.
The personalized digital health platform connects employees to healthcare professionals via messaging and video calls. The service is entirely free to the user via their employer.
The platform was launched in 2018, initially as a menopause and fertility-focused employee benefits platform. Post its success, the platform soon expanded into other areas of women’s health, men’s health and early parenthood support.
The Series B funding and the US expansion will secure Peppy’s market-leading position and allow it to reach millions of additional employees in industries as far-reaching as finance, tech, legal, pharma, FMCG, and more.
Peppy has seen 1,000 per cent growth since its Series A investment in July 2021.
The latest funding round was led by AlbionVC, and joined by Kathaka, MTech Capital, Simplyhealth and Sony Innovation Fund. Previous investors Felix Capital, Hambro Perks, Outward VC and Seedcamp also participated.
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