Healthcare start-up HealthMetrics gets follow-on investment from RHL Ventures

Published 10 January, 2019

HealthMetrics is a Malaysia-based cloud-based human resource system that allows companies to manage their employees’ medical benefits.

The firm secured US$1 million (S$1.35 million) in seed funding from RHL Ventures, Malaysia’s Cradle Seed Ventures and Japan-based Spiral Ventures last year. Following the additional investment from RHL Ventures and other institutional investors, HealthMetrics has closed its seed round.

The capital will be used for the start-up’s expansion in Malaysia.

Rachel Lau, managing partner at RHL Ventures, said: “HealthMetrics has developed an intuitive platform to cater to a severely overlooked sector of corporate management, empowering companies to streamline the opaque costs and processes typically associated with claims management.”

To date, HealthMetrics has partnered with 1900 primary care clinics, 110 dental clinics, 188 optical providers and 70 hospitals. Its clients include GHL Systems Berhad, Bonia and Fuji Xerox.

Source from The Straits Time