Your.MD closes $30 million Series A round
Global consumer health, hygiene and nutrition company Reckitt Benckiser has invested additional funds into pre-primary care hub, Your.MD.
The investment follows an initial funding round led by Reckitt Benckiser and existing shareholders last year.
Your.MD stated that its Series A funding round is now completed – and that this latest investment will enable the brand to expand its reach across markets, including the UK, India and the US, as the first stop for personalised, clinical-grade information that individuals can use to manage their health and before contacting a doctor.
Founded in 2015, Your.MD combines augmented intelligence with medically validated information, giving individuals personalised and relevant health tools and support to enable them to self-care when appropriate. The company said it has seen exponential user growth of 350% over the past 12 months.
Arjun Purkayastha, senior vice-president-eRB at Reckitt Benckiser, said: “After an incredible year of growth, RB is delighted to strengthen our partnership with Your.MD to deliver better self-care access and tools for consumers all over the world. We are excited to see the global expansion of the Healthily app, which will create immersive, digital-first experiences for consumers.”
Your.MD chief executive Matteo Berlucchi added: “We’re delighted that our platform is growing from strength to strength and continues to attract best-in-class international partners that share our vision. Our relentless work toward democratising access to personalised healthcare information is progressing at pace and thanks to our strategic partnership with RB we are one step closer to reaching this ambitious, yet achievable, goal.”
Date published: October 5, 2020