HealthTech scale-up Perci Health, a complete digital most cancers clinic out of the UK, has efficiently closed a €4 million funding spherical, double the unique €2 million goal and reaching a complete of €10.4 million in funding.
This features a €399k funding from Macmillan Most cancers Help. Guinness Ventures and Conduit Fund have joined present traders Octopus Ventures and 35 main oncologists and most cancers surgeons in backing Perci Well being.
“Our mission to shut the most cancers care hole is powered by an impressive workforce who’re deeply dedicated to remodeling the most cancers care expertise,” stated Kelly McCabe, Co-Founder and CEO of Perci Well being. “This funding will permit us to proceed pioneering a mannequin of care that integrates digital innovation with compassionate, specialist-led assist, offering higher outcomes for everybody dwelling with and past most cancers.”
Based in 2020 by two feminine healthcare innovators: Kelly McCabe and Morgan Fitzsimons, Perci Well being seems to be to redefine how most cancers is managed, from prevention by means of to remedy and restoration.
As Co-founder and CEO, McCabe brings scientific experience as a specialist oncology dietitian, with NHS hospital administration expertise and because the former COO of a community of personal most cancers services. Fitzsimons, Co-founder and Chief Buyer Officer, applies her background in digital transformation and shopper expertise, having held govt roles at CBS Tv and ASOS.
The brand new funds will assist the corporate’s plans to develop its AI-powered, multidisciplinary digital most cancers clinic, reaching extra people and healthcare suppliers throughout the UK.
With a community of over 85 NHS-trained specialists, Perci Well being goals to ship extremely personalised, versatile care that empowers sufferers to handle their situation and stay effectively. Perci Well being’s strategy integrates digital innovation with human experience to supply assist.
“We’re extremely impressed by the way in which Perci Well being is tackling the gaps in most cancers care with a human-first, tech-enabled mannequin,” stated Chantal Cox , Investor at Octopus Ventures. “This strategy not solely addresses urgent healthcare wants but in addition delivers measurable influence when it comes to each scientific outcomes and cost-efficiency, which is significant for scaling the mannequin throughout extra insurers, employers, and well being methods.”
With 100% of administrators, 80% of its management workforce and 60% of its govt board composed of ladies, Perci Well being stands as one among few UK scale-ups with an all-female founding workforce. Even though lower than 2% of enterprise capital goes to female-led groups (in line with information offered by the corporate), Perci Well being has raised twice the typical deal measurement for UK female-led startups in every of its funding rounds.
“Supporting companies which are growing scalable, significant influence in healthcare is a precedence for us,” stated Eva-Maria Dimitriadis, Managing Companion at Conduit Fund. “Perci Well being’s modern, patient-centric mannequin, mixed with its sturdy management and progress potential, is exactly the sort of forward-thinking resolution that we wish to assist develop. As a feminine led enterprise ourselves – with a majority feminine funding workforce – we all know feminine Founders statistically discover it significantly tougher to boost from VCs. We imagine investing in feminine Founders is not only the correct factor to do, but it surely offers us entry to distinctive alternatives that others overlook. 42% of firms we’ve got invested in have at the very least one feminine Founder and we’re thrilled so as to add Perci Well being to that record.”
Macmillan estimates that there are presently nearly 3.5 million people living with cancer in the UK and this number will continue to rise, creating an pressing want for brand spanking new, efficient methods to assist sufferers.
Within the UK, cancer outcomes lag up to 25 years behind European peers, with 41% of staged diagnoses being at a late stage in England and round a 3rd of eligible individuals lacking important screening appointments for breast, bowel and cervical most cancers – as per information offered by Perci Well being.
“Most cancers survivorship presents distinctive challenges, and we should innovate to satisfy the rising wants of individuals dwelling with and past most cancers,” added Claire Taylor, Chief Nursing Officer, Macmillan Most cancers Help. “Perci Well being’s holistic, multidisciplinary strategy is strictly the thrilling innovation that’s wanted, and it aligns completely with Macmillan’s ambitions to assist extra individuals get the personalised care they want. This partnership represents a shared dedication to creating an actual distinction within the lives of these affected by most cancers, serving to individuals to stay effectively and by offering tailor-made options to satisfy their altering wants following a most cancers expertise.”
Enhancing these outcomes would require collaboration throughout the federal government, NHS, personal insurers, charities, and employers, and Perci Well being’s mannequin goals to handle these gaps by providing complete care that spans prevention, early detection, remedy navigation, symptom administration, and survivorship care.
“We all know that most cancers doesn’t cease when remedy ends. In reality, that’s typically when individuals want probably the most assist. Perci Well being’s AI-driven platform ensures actually personalised care, enabling individuals to entry the correct assist on the proper time,” stated Morgan Fitzsimons, Co-Founder and Chief Buyer Officer.
This funding comes because the UK authorities more and more prioritises vocational rehabilitation and lowering long-term illness absence with the discharge of “Keep Britain Working Review”. Perci Well being says they assist these objectives by enabling earlier intervention, personalised restoration plans, and return-to-work programmes that handle each bodily and psychological obstacles.
“At Guinness Ventures, we search for Founders who’re fixing significant issues in an modern manner,” stated Lisa Fox, Head of Co-Funding, Guinness Ventures. “Perci Well being is doing precisely that in addressing one of many largest and most underserved challenges in most cancers care: how we assist individuals after remedy ends. Their mannequin combines scientific rigour with scalable know-how, delivering significant outcomes not only for sufferers, but in addition for employers, insurers, and the broader healthcare ecosystem.”
“With extra individuals dwelling with most cancers, there’s an pressing want for healthcare options that cater to long-term survivorship,” concludes McCabe. “By working with insurers, employers, and healthcare suppliers, we purpose to reshape most cancers care to make sure higher outcomes for sufferers and value financial savings for the system.”
