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Peppy raises £1.7M for its employee healthcare benefits platform



Peppy raises £1.7M for its employee healthcare benefits platform

Peppy, the U.Okay. worker healthcare advantages platform specializing in household assist, feminine well being and psychological wellbeing, has raised £1.7 million in seed funding.

Leading the spherical is Outward VC, with participation from Seedcamp, Hambro Perks, Form Ventures, and varied unnamed angel traders. The London-based startup says the brand new funding will assist the subsequent stage of Peppy’s development because it begins to broaden its group and the platform with “new fertility and psychological well being assist”.

Founded in 2018 by Mridula Pore, Evan Harris, and Max Landry, Peppy is constructing an worker healthcare advantages platform for companies, specialising in offering staff with entry to “knowledgeable assist” via important life transitions. It is already working with corporations and organisations throughout industries resembling authorized and monetary providers, utilities, and media, name-checking the CBI, Aldi, Penguin Random House, and the National Lottery Fund as clients.

“There are many factors in your life when your bodily or psychological well being might be weak, however you aren’t ‘unwell’. You and your loved ones simply want some further assist,” explains Peppy CEO and co-founder Mridula Pore. “For instance, making an attempt to conceive, changing into a mum or dad or going via the menopause, however there are various extra”.

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To compound the issue, Pore says that present healthcare providers “are merely not set as much as cater for these life transitions”. GPs have very restricted time to deal with questions, and personal medical insurance typically doesn’t cowl sure eventualities. “So folks typically fall via the cracks,” she says. “This could cause many extra points by way of your well being, relationships and skill to be current, engaged and productive at work”.

To that finish, Peppy’s platform is already accessible for workers going via early parenthood and menopause. It offers entry one-to-one chat assist with an knowledgeable or a psychological well being practitioner, moderated group chats with friends in comparable conditions, and on-line group workouts for postnatal ladies and people over 40. In addition, bespoke assist, resembling telephone and video consultations for breastfeeding and child sleep assist, or a session with a menopause practitioner, can also be accessible via the platform.

Peppy says that specialists offered to staff via the platform have “accomplished accredited coaching programmes and meet the necessities of related skilled our bodies”.

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“Recently, we have been additionally chosen amongst 1,600 candidates to do a trial with the NHS, supporting new and anticipating dad and mom through the Covid-19 disaster as a part of the UK authorities’s Techforce19 initiative,” provides Pore. “We have been capable of present an enormous enchancment within the psychological wellbeing of oldsters, by giving them the proper assist on the proper time”.

With regards to rivals, the Peppy CEO says that folks inevitably find yourself on Google or on peer-to-peer platforms resembling Facebook teams or apps like Peanut. “Peppy is totally different as a result of we provide trusted, expert-led assist, tailor-made to you and your loved ones’s journey,” she says.

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