Startups are recognizing three major trends in developed-world workforces: the digitalization of healthcare, platforming of employee services, and impacts of an aging workforce coupled with cost-of-living struggles for new parents.
Peppy, founded in London in 2018, offers tailored services related to menopause, fertility, pregnancy and early parenthood to corporate customers who then provide them free of charge to employees. Services include personal video consultations and more.
Peppy was fortunate and wise: the pandemic-driven digital transformation forced companies to launch employee services like this online.
Peppy’s mobile app connects employees to experts via instant messaging, group chat, video consultations, live events and more. Plus they can access articles, videos and programs – all within a supportive community.
In 2021, Felix Capital led a $10M Series A round for us.
The company has secured $45m in a Series B round led by AlbionVC, with Kathaka, MTech Capital, Simplyhealth and Sony Innovation Fund participating. Previous investors Felix Capital, Hambro Perks, Outward VC and Seedcamp also contributed to the funding which will be used for US expansion.
Mridula Pore, Co-Founder and Co-CEO of Peppy, expressed her ambitions in a statement: “We aim to become globally renowned and our Series B funding is the start. We have already established ourselves as Europe’s leading provider of employer gender healthcare.”
Accenture, Adobe, Canada Life, Disney and Marsh McLennan are now among Peppy’s clients.
