How "Unexceptional" Things Helped This M'sian Healthcare Startup Raise US$1 Mil In Funding

May 3, 2018

After becoming the first Malaysian startup to join Google's Launchpad Accelerator programme for 2017, healthcare management platform HealthMetrics recently announced their success in acquiring US$1 million in funding from three major venture firms, namely Spiral Ventures, RHL Ventures, and Cradle Seed Ventures.Founded in 2016 by Alvin Yuan and Advent Phang, HealthMetrics focuses on the corporate side of healthcare management and aims to help businesses save on healthcare costs for employees.Update: The previous paragraph has been amended to clarify the roles of the founders. Their services include the streamlining of employee medical claims, healthcare analytics, the linking of corporates to partner clinics, and the management of corporate health benefits among other things.As it stands, HealthMetrics has-within the first five months of 2018-managed to exceed the revenue of the previous year, and according to official statements, they have managed to disburse over RM6.5 million to partner healthcare providers since inception.by: Dale John Wong