HealthMetrics raised US$5 mil in Series A funding

HEALTHMETRICS secured a total of US$5 mil (approx. RM20 mil) as part of its Series A funding, led by ACA Investments.

Being Malaysia’s leading corporate healthcare benefits and wellness management platform, HealthMetrics plans to expand its regional footprint across Southeast Asia and enhancing its solutions to provide best-in-class user experience in health benefits.

The company also plans to improve cost efficiency in corporate healthcare investments and extend it track record in digitalising corporate healthcare, while optimising cost governance towards insurance-based corporate healthcare.

Apart from that, the HealthMetrics will also be expanding its offerings with innovative healthcare business models such as telemedicine, digital wellness and preventive programmes.

“We would like to express our gratitude towards ACA Investments for their confidence in us as we continue striving to make a difference in employee health and wellness at home and across the region,” HealthMetrics CEO Alvin Yuan said in a statement today.

“Our aim was and still is to introduce innovative digital processes to companies for higher efficiency and productivity,” he added.

Meanwhile, ACA chief investment officer Tomohiro Fujita said that he believed HealthMetrics has a strong potential to widen the range of services as a business-to-business-to-consumer (B2B2C) medical service platform.

“We will support the team to grow further using out network and other resources,” he said. – Sept 30, 2020

Subscribe and get top news delivered to your Inbox everyday for FREE