Peppy, a women’s digital health app, is challenging the stigma surrounding discussions about women’s health by providing a personalized platform for taboo and underserved areas of healthcare. Recently, the company closed a successful $45 million Series B funding round, led by AlbionVC, signaling a recognition of the need for investment in the growing women’s health marketplace.
Dr. Mridula Pore, co-founder and co-CEO of Peppy, spoke about the increased recognition of the impact of underserved areas of health on individuals, society, and organizations. She emphasized the role of digital technology in making healthcare more accessible and highlighted the need for support and access to expertise in areas such as menopause, fertility, endometriosis, and PCOS.
Peppy was founded in 2018 by Dr. Pore and her two co-founders, Max Landry and Evan Harris, who identified a gap in the market for comprehensive support in women’s health. Initially, they focused on providing services for new parents and pregnant women, but quickly expanded into other areas of women’s health. The platform, which launched in the UK in 2019 and the US in 2022, gained popularity among organizations such as Accenture, Adobe, Disney, and Marsh McLennan.
According to Landry, there is a significant need for support in life stages that have been overlooked by traditional healthcare, such as menopause. He highlighted the lack of resources and training for healthcare providers in addressing menopause symptoms and emphasized the impact on workforce productivity and healthcare costs.
Recognizing the importance of funding in driving product development and growth, Dr. Pore and her team prioritized securing investments for Peppy. They understood the potential economic benefits of investing in women’s health research and aimed to build the company accurately and precisely from the start. The US economy currently loses $26.6 billion annually due to lost productivity and healthcare expenses related to managing menopause symptoms.
Investment firms like Outward VC also recognized the potential of Peppy’s platform in addressing the unmet needs of employees and disrupting the stigma surrounding discussions about women’s health. They viewed Peppy as a way for employers to support their workforce’s well-being and address the significant impact of women’s health on productivity.
As Peppy continues to expand and evolve, Dr. Pore emphasized their goal of enabling people to live a life with energy and vitality. The company’s name, Peppy, reflects their vision and conveys a sense of energy and spirit.
In conclusion, Peppy’s innovative platform is disrupting the stigma surrounding discussions about women’s health by providing comprehensive support in taboo and underserved areas of healthcare. With a recent $45 million Series B funding round, led by AlbionVC, the company is poised to make a significant impact on the women’s health marketplace. By focusing on personalized digital solutions and addressing the specific needs of women, Peppy is challenging the status quo and improving access to healthcare expertise.
