Healthtech launches subscription business ahead of Seedrs campaign
A London health management platform has launched a new subscription-based business ahead of its planned crowdfunding campaign.
Span, which specialises in treating and preventing ‘lifestyle-induced’ conditions, has launched its new app ahead of its Seedrs campaign which is due to open later this month.
Launched in 2018, Span specialises in health management technology to allow users to prevent, manage and reduce symptoms of conditions such as diabetes, hypertension, polycystic ovary syndrome, obesity and IBS.
Adam Bataineh, NHS medical doctor and chief medical officer at Span, explained: “Span’s care model has allowed 90 per cent of our members to alleviate their primary symptoms, with some reversing their diabetes and now on the way to remission — drastically reducing a key risk factor for coronavirus.”
The firm’s app will aim to support users by offering personalised, continuous nutrition and mental wellbeing plans as well as on-demand consultations with clinicians.
The company, which has backing from angel investors such as the co-founders of Amazon Alexa, Criteo, and Clue, has already secured pilots with Huckletree and The Family, and the platform and consultation offering are being rolled out free to NHS workers.
Patrick Samy, CEO and Founder of Span, commented: “The next step on our journey is to empower businesses to deliver outstanding employee wellness and save thousands on lifestyle-condition-related absences. Combined costs from worklessness and sickness absence amount to approximately £100bn annually.
“Our platform is more relevant than ever during the pandemic and aims to help employers minimise such costs by reducing high-risk factors, preserving mental wellness in the face of anxiety, and providing home blood tests to screen for risk factors and antibodies so that employees may recover quickly and in a sustainable way.”
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