Singapore's Healint secures more than US$1M in seed funding
Wavemaker Pacific led the funding in the health analytics startup; money will be used to hire talent, fulfill technical needs, and expansion
- Singapore-based health analytics startup Healint secures over US$1 million in seed funding led by Wavemaker Pacific
- Funding will be used for hiring and technical needs, as well as for overseas expansion
- Startup has also partnered with UK-based organisation Migraine Action
Earlier this month, we featured health analytics startup Healint
and some of the cool new stuff it is doing in Singapore's MedTech space. Today, Healint
has announced the raising of more than US$1 million in seed funding.
The sizeable round was led by Wavemaker Pacific and saw participation from Gree Ventures, National Research Foundation, Shinryoku and its angel network.
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"We are excited about our funding partners, which will accelerate our growth overseas -- Japan especially -- while strengthening our local intellectual development," Veronica Chew, Co-founder, Healint told e27
The money will be used mostly for hiring and technical needs, as well as to support Healint's overseas expansion.
"Also, many of our angel investors came back to support us in this round, which shows their confidence in our vision to tackle chronic healthcare using data science," she added.
The funding news comes at the same time as the announcement of a new partnership with leading UK-based organisation Migraine Action.
Healint is the startup behind Migraine Buddy, the number one migraine tracking app on Google Play. Previously, between 2013-14 it had raised roughly S$400,000 (US$300,000) in angel funding.
Earlier this month, Healint revealed to e27
that it has developed algorithms to monitor sleep and gait (the way someone walks) through mobile apps, and is working with several major Singapore-based health institutions.
As we also previously reported, the startup is now eyeing expansion into Japan as a primary market outside Singapore due to the country’s advanced tech consumers and high mobile penetration.
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