MobiHealth News November 24, 2022
It will use its fresh funds to accelerate staff hiring.
Novi Health, a Singapore-based health tech company and specialist clinic, has scored $5 million in a Series A funding round led by Monk’s Hill Ventures.
WHAT IT DOES
Founded in 2018, the company offers a healthcare platform that integrates clinical treatments with behavioural and lifestyle interventions to address chronic conditions.
It has two core digital products: Novi Magnum and Novi Optimum Plus. The former helps people with diabetes control their condition using continuous glucose monitoring technology, coupled with medical care and dietary and lifestyle coaching. A study has found that this programme helped participants reduce HbA1c by 1% and weight by almost 6% over three months.
Meanwhile, the latter...
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