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Well being administration platform Novi Well being raises $5M in Sequence A funding spherical


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Novi Well being, a Singapore-based well being tech firm and specialist clinic, has scored $5 million in a Sequence A funding spherical led by Monk’s Hill Ventures.


Based in 2018, the corporate gives a healthcare platform that integrates scientific therapies with behavioural and life-style interventions to handle power situations.

It has two core digital merchandise: Novi Magnum and Novi Optimum Plus. The previous helps individuals with diabetes management their situation utilizing steady glucose monitoring know-how, coupled with medical care and dietary and life-style teaching. A examine has discovered that this programme helped individuals cut back HbA1c by 1% and weight by nearly 6% over three months. 

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In the meantime, the latter is focused at individuals desirous to lose extra weight. It additionally integrates medical remedy with well being teaching to realize sustainable and wholesome weight reduction.


Novi Well being’s newest funds can be used to rent extra individuals for its know-how, development, and product groups, in addition to put money into its technology-enabled platform.


Different Singaporean startups within the power illness administration house like MiyaHealth and HealthBeats have additionally lately raised investments for his or her enterprise expansions. 

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In different information, ConnectedHealth lately launched a brand new illness administration app for sufferers with Kind 2 diabetes. Known as SugoSure, it gives a subscription-based service that gives digital well being assist, distant monitoring, and well being teaching.


“Our digital-first method permits us to extend accessibility and affordability of our providers, giving us the chance to impression extra lives. Since launch, our purchasers have achieved important enhancements in diabetes management and weight discount and we look ahead to bringing our options to a good wider viewers,” mentioned Novi Well being CEO and co-founder Sue Anne Toh.

See also  Neurotrack raises $10M, launches cognitive decline evaluation instrument


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