Naluri Co-Founder and CEO Azran Osman-Rani
Singapore-based digital health service provider Naluri has secured a US$7 million in pre-Series B round of funding, led by Thailand’s leading real estate development group Pruksa Group.
Bertelsmann Investments from Germany and Striders Corporation from Japan also joined, alongside several returning investors, including M Venture Partners, Palm Drive Capital, and INP Capital.
The new funding is earmarked for Naluri’s strategic expansion in Thailand and will further bolster its operations in Malaysia, Singapore, and Indonesia.
Naluri was co-founded in 2017 by Azran Osman-Rani (CEO), former chief of iflix Malaysia and AirAsia, with Dr Jeremy Ting and Dr. Hariyati Shahrima. The startup offers human-led and AI-augmented digital health coaching that aims to transform the lives of people who are at risk of, or managing, chronic and mental health conditions.
Premised on the fundamental understanding that physical and mental health are inextricably interconnected, the company provides structured multi-disciplinary support to those affected by diabetes, hypertension and heart disease, anxiety and depression, as well as advanced chronic conditions such as renal disease and cancer.
Also Read: Naluri secures US$5M Series A to support people with chronic health, mental conditions in SEA
The firm also combines an organisation’s historical claims data with organisation-wide health screenings to understand and forecast future healthcare demands and costs. Then, coupling the health risk data with regular health monitoring, Naluri delivers proactive early interventions that prevent the onset of additional medical complications that often lead to escalating costs.
“We must do more to not only manage chronic health and mental health conditions, but we must also prevent them. We must do so quickly and effectively. Global markets have tightened, but this investment affirms Naluri’s mission and fast-tracks our efforts to deliver support to more deserving people in the region,” says Naluri Co-Founder and CEO Azran Osman-Rani.
Naluri claims it serves over 75 of the region’s leading employers in industries, including financial services, oil and gas, property development, telecommunications, tertiary education and aviation. It offers healthcare payors effective corporate wellness solutions across Malaysia, Singapore, Thailand and Indonesia, with imminent plans for expansion into the Philippines, Hong Kong and Australia.
In 2021, Naluri closed a US$5 million funding round, led by Singaporean VC firm Integra Partners. Previously, Naluri had raised US$1.5 million in an oversubscribed pre-Series A round of funding, led by Global Founders Capital, in 2019.
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