Funding / Entrepreneur
INVESTING Individual Investor Financial Adviser Institutional Investor FUNDING Entrepreneur Real Estate

Transforming the health industry

From digital therapeutics to biotech

Our Health portfolio

Backed in

2016

Status

Current

Founder(s)

Tania Boler

About elvie

On a mission to bring women’s health ‘out of the dark ages’, Elvie’s focus is on taboo busting and problem solving through innovative tech. They create discreet, design-conscious products that aim to tackle longstanding, and often overlooked, issues experienced by women. There’s a wearable breast pump (hands-free, wire-free and without the thumping din of some market competitors) and a pelvic floor trainer with accompanying app to help guide women through their Kegel exercises and improve their confidence and quality of life.

Related articles

Close up of a magnified cell
A healthy future: healthtech trends to watch in 2024
Rear view of senior man with daughter outdoors on a walk on pier by river.
The caregiving crisis: solving for the sandwich generation
What does it take to build a thriving healthtech start-up?
Vira logo
Big Health logo
Big Health logo

Backed in

2016

Status

Current

Founder(s)

Peter Hames & Colin Espie

About Big Health

Big Health’s mission is to help millions back to good mental health by providing safe and effective non-drug alternatives for the most common mental health conditions. Designed by leading clinical experts and backed by 13 RCTs (randomised controlled trials), Sleepio™ for insomnia and Daylight™ for worry and anxiety are among the world’s most evidenced digital mental health solutions. These programmes seamlessly integrate into primary care, enabling clinically effective self management of mental health. With offices in London and San Francisco, Big Health’s digital therapeutics are used by leading health systems like the NHS and large multinational employers.

Related articles

Close up of a magnified cell
A healthy future: healthtech trends to watch in 2024
Rear view of senior man with daughter outdoors on a walk on pier by river.
The caregiving crisis: solving for the sandwich generation
What does it take to build a thriving healthtech start-up?
Pelago logo (formerly Quit Genius)
Pelago logo (formerly Quit Genius)

Backed in

2020

Status

Current

Founder(s)

Maroof Ahmed, Yusuf Sherwani & Sarim Siddiqui

About Pelago

Pelago is the world’s first digital clinic for treating nicotine, alcohol and opioid addictions.

The company formed in 2017 to prevent health problems before they arise by providing more effective addiction treatments.

It’s estimated that 40% of all cancers are linked to smoking tobacco. There are companies and treatments out there attempting to tackle the problem. But of current solutions, many have less than 1% usage rates. They’re mostly generic and phone-call based, and achieve quit rates of about 20%.

Pelago set out to change this and has since also applied its successful programme to alcohol and opioids. It replaces traditional telephone coaching with an entirely virtual service, including a personalised app, breath sensors and urine samples, and a dedicated counsellor.

The team has demonstrated a 53% quit rate for people using the app. This compares with the gold standard of one-to-one therapy at 27%.

Pelago is empowering people to overcome addictions. The aim is to free 100 million people from addictions that interfere with their lives, damage their health and, for some, cause unnecessary premature death.

Related articles

Close up of a magnified cell
A healthy future: healthtech trends to watch in 2024
Rear view of senior man with daughter outdoors on a walk on pier by river.
The caregiving crisis: solving for the sandwich generation
What does it take to build a thriving healthtech start-up?
Inflow logo
Overture logo
Ufonia logo
Skin + Me logo
Skin + Me logo

Backed in

2022

Status

Current

Founder(s)

Horatio Cary, Rachel Jones & Mike Passey

About Skin+Me

Skin+Me provides skincare products, personalised to the individual and posted through their door.

Skin issues can cause low confidence levels that can make it difficult for people to live their best lives. The Skin+Me team knew there had to be a better way to give everyone’s skin what it really needed.

Their team of dermatologists, pharmacists and customer experts are on a mission to change the face of skincare.

By delivering a powerful, personalised solution that truly works, straight to customers’ doors, Skin+Me is offering an accessible solution for those who want to tackle their skin goals once and for all.

The treatments are made to order and shipped directly, meaning no retail markups, no wasted product and fairer prices. Pretty good for customers’ bank balances and Skin+Me’s footprint on the planet, too.

Related articles

Close up of a magnified cell
A healthy future: healthtech trends to watch in 2024
Rear view of senior man with daughter outdoors on a walk on pier by river.
The caregiving crisis: solving for the sandwich generation
What does it take to build a thriving healthtech start-up?






Who we’re backing

We back businesses and people at the most ambitious frontiers of medical science. We’re here for the health tech start-ups who uncover the unknown. The people doing things we didn’t think were possible, confronting taboo issues and breaking down social boundaries.

We work with teams taking on challenges from decentralised gene and decentralised cell therapy, to AI-based cancer diagnosis, to the day-to-day management of menopause.



Why us?

We believe that easier, more personal access to healthcare can tackle some of our greatest health issues, and create some of tomorrow’s most successful businesses.

Our team dives deep into the health sector to understand its challenges, and the people and ideas that are meeting them. We create rich networks into universities, angel investors and experts to give you the best possible bedrock on which to build a business for the long term. We have an office in the US and extensive resources to help founders who are based or expanding there.

The investment process

These are the general steps we follow – note that the process is slightly different at the pre-seed stage of investment.

Step 1

Send us your deck – if we think we’re a fit for your business, we’ll set up a call

Step 2

Meet some of our investors at a discovery meeting

Step 3

We’ll visit you at your office and spend some time with your team

Step 4

Present to our wider team at a partnership meeting

Step 5

We’ll tell you our final decision – if we’re not investing, we’ll say why

Our Health portfolio founders

Femtech pioneer: Tania Boler

Health
Learn more about founder Tania Boler and the Elvie journey to developing beautiful, usable tech products…

Other sectors we support



Read our Health blogs