The NOVI Health founding team
NOVI Health, a tech-enabled chronic disease and preventive healthcare company in Singapore, has announced closing its Series A fundraising at US$5 million, led by Monk’s Hill Ventures.
The funding will be used to accelerate hiring for the company’s technology, growth, and product teams while investing further in its online platform.
Globally, one in ten adults lives with diabetes. Diabetes was responsible for 6.7 million deaths in 2021, one every five seconds.
NOVI Health aims to bring a change. It provides hyper-personalised holistic health solutions integrating precision medicine and behavioural and lifestyle interventions to prevent and better manage metabolic disorders such as diabetes, high blood pressure, high cholesterol and obesity.
Also Read: How new technology is improving patient journeys
The company offers two core products through its digital platform.
NOVI Magnum combines continuous glucose monitoring technology with medical care and dietary and lifestyle coaching to optimise diabetes control. This product targets individuals with diabetes.
NOVI Optimum Plus is meant for those with excess weight. It builds on the fundamentals of healthy eating and exercise by integrating validated medical treatment to complement health coaching to achieve sustainable and healthy weight loss.
“Our vision is to empower people to live free from the burden of diabetes and other chronic weight and lifestyle-related conditions. We enhance clinical care by incorporating holistic lifestyle interventions, supercharged by deep human expertise and data insights for better outcomes,” said Sue Anne Toh, Co-Founder and CEO of NOVI Health. “Our digital-first approach allows us to increase accessibility and affordability of our services and impact more lives.”
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