How's your health? Check out Novi Health! This Singaporean healthtech helps patients with chronic diseases manage their health. Now, they've just raised a $5M Series A!

Investor check. Monk's Hill Ventures led the round.

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👇🏼 The context

Founded in 2018, they use tech to create more effective and personalized solutions for people with chronic illnesses.

• The goal? Empower all to live healthier lives — not just those with chronic illnesses.
• Their current services include health screenings, diabetes treatment, weight loss coaching and weight loss medication.

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🩺 What they do differently

Beyond medication. Novi focuses on holistic care and solving healthcare issues from the source.

• Their patients don't just have a doctor — many have Novi coaches who give them exercise programs, diet plans and regular progress reviews.

Personalized. Your medication, supplements, treatment plans, as well as diet and exercise plans, are made exactly for you.

Not just a few appointments! Get ongoing support from their expert dieticians, coaches and doctors throughout the treatment.

• They'll even monitor your progress and change your program as needed!
• You'll also get coaching, regular reviews and access to your health team through consultations and Novi's app.

Data's in the details. You'll also be using wearable health devices to track your health (like glucose levels).

• Gain insights on the most impactful interventions are with real-time data from your health devices, their health app and personalized coach feedback.

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💰 Money matters

They make money through subscriptions to their diabetes and weight management programs – Novi Optimum and Novi Magnum.

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🏥 What's next?

The new $$$ will be used to grow their growth, tech and product teams. Oh, and they'll be doubling down on their platform too!