HealthTech scale-up Perci Well being, 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 Assist. 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 excellent group who’re deeply dedicated to remodeling the most cancers care expertise,” mentioned Kelly McCabe, Co-Founder and CEO of Perci Well being. “This funding will enable 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 appears to redefine how most cancers is managed, from prevention by means of to therapy 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 amenities. Fitzsimons, Co-founder and Chief Buyer Officer, applies her background in digital transformation and client expertise, having held govt roles at CBS Tv and ASOS.
The brand new funds will assist the corporate’s plans to broaden 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 reside properly. Perci Well being’s strategy integrates digital innovation with human experience to supply assist.
“We’re extremely impressed by the best way Perci Well being is tackling the gaps in most cancers care with a human-first, tech-enabled mannequin,” mentioned Chantal Cox , Investor at Octopus Ventures. “This strategy not solely addresses urgent healthcare wants but in addition delivers measurable influence by way of each scientific outcomes and cost-efficiency, which is significant for scaling the mannequin throughout extra insurers, employers, and well being programs.”
With 100% of administrators, 80% of its management group and 60% of its govt board composed of ladies, Perci Well being stands as one in every of few UK scale-ups with an all-female founding group. Although lower than 2% of enterprise capital goes to female-led groups (based on information supplied by the corporate), Perci Well being has raised twice the common deal measurement for UK female-led startups in every of its funding rounds.
“Supporting companies which might be growing scalable, significant influence in healthcare is a precedence for us,” mentioned Eva-Maria Dimitriadis, Managing Accomplice at Conduit Fund. “Perci Well being’s progressive, patient-centric mannequin, mixed with its sturdy management and development 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 group – we all know feminine Founders statistically discover it significantly tougher to lift from VCs. We imagine investing in feminine Founders is not only the suitable factor to do, nevertheless it offers us entry to distinctive alternatives that others overlook. 42% of corporations we’ve got invested in have no less than one feminine Founder and we’re thrilled so as to add Perci Well being to that listing.”
Macmillan estimates that there are presently virtually 3.5 million individuals dwelling with most cancers within the UK and this quantity will proceed to rise, creating an pressing want for brand new, efficient methods to assist sufferers.
Within the UK, most cancers outcomes lag as much as 25 years behind European friends, with 41% of staged diagnoses being at a late stage in England and round a 3rd of eligible individuals lacking crucial screening appointments for breast, bowel and cervical most cancers – as per information supplied 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 Assist. “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 reside properly and by offering tailor-made options to satisfy their altering wants following a most cancers expertise.”
Bettering these outcomes would require collaboration throughout the federal government, NHS, non-public insurers, charities, and employers, and Perci Well being’s mannequin goals to handle these gaps by providing complete care that spans prevention, early detection, therapy navigation, symptom administration, and survivorship care.
“We all know that most cancers doesn’t cease when therapy ends. Actually, that’s usually when individuals want essentially the most assist. Perci Well being’s AI-driven platform ensures actually personalised care, enabling individuals to entry the suitable assist on the proper time,” mentioned 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 “Hold Britain Working Assessment”. 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 limitations.
“At Guinness Ventures, we search for Founders who’re fixing significant issues in an progressive manner,” mentioned Lisa Fox, Head of Co-Funding, Guinness Ventures. “Perci Well being is doing precisely that in addressing one of many greatest and most underserved challenges in most cancers care: how we assist individuals after therapy 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 goal to reshape most cancers care to make sure higher outcomes for sufferers and price financial savings for the system.”
