The employee benefits platform that focuses on family support, mental wellbeing, and female health, Peppy has bagged £1.7 million in a seed funding round. The hrtech news community reports that this round was led by Outward VC and also witnessed participation from Hambro Perks, Seedcamp, and Form Ventures among several other unnamed angel investors.
The startup based out of London stated that it will use this freshly acquired funding for supporting the next stage of growth of the company as it initiates the expansion of the platform as well as the team with new support for fertility and mental health.
Peppy was founded by Mridula Pore, Max Landry, and Evan Harris in 2018 for constructing a platform for businesses for employee healthcare benefits, specializing in delivering to employees the access to expert support through several critical transitions in their lives. The London-based startup is already working with different organizations and firms from across a number of industries such as utilities and media, legal and financial services, name-checking the CBI, Penguin Random House, National Lottery Fund, and Aldi as customers.
Mridula Pore, the CEO, and co-founder of Peppy explained that in a person’s life there are many points when their mental or physical health can be exposed and vulnerable, but they are not ill. The person and its family are just in need of some extra support. She gives an example of incidents like when someone is trying to conceive, going through menopause, or becoming a parent, but also states that there are many more such incidents.
Peppy provides support to individuals during such times through its platform and experts that have completed accredited training programmes and have met the relevant requirements of professional bodies.
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Aashish Yadav
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Aashish is currently a Content writer at Martech Cube. He is an enthusiastic and avid writer. His key region of interests include covering different aspects of technology and mixing them up with layman ideologies to pan out an interesting take. His main area of interests range from medical journals to marketing arena.
