Swedish brand's digital capabilities to stack with health startup's therapeutic offering
By Sarah Todd
11 March 2021
As part of its strategy to become a ‘full-stack’ digital men’s health provider, startup company Numan has acquired Vi-Health, a medical science and healthcare technology company based in Sweden.
Numan is a holistic healthcare brand for men that addresses a range of conditions using a therapeutic model that combines prescription medication, proprietary over-the-counter products, pathology and screening, along with doctor consultations.
Registered as a Class-I Medical Device, Vi-Health’s platform includes an AI-powered symptom checker, advanced e-consultation tools, such as collaborative chat and video consultations, and workflow automation tools. The company claims that when all elements are used together, its platform can reduce the workload of a clinical team by up to 70%.
The majority of the Vi-Health team will be joining Numan while continuing to work from their offices in Stockholm and Malmö.
"Vi-Health is an exceptional company and was the perfect fit for us in terms of vision, IP and skills. We want Numan to be your first step on a journey to better health and wellbeing, and Vi-Health's technology and IP help us get there faster."
Sokratis PapafloratosFounder and CEO, Numan
Numan founder and CEO Sokratis Papafloratos said: “Vi Health is an exceptional company and was the perfect fit for us in terms of vision, [intellectual property] and skills. The team was a big driver behind our decision to make the acquisition. It’s a group of people full of talent, deep expertise, and a passion about changing healthcare for the better, on a global scale.”
Since 2019, Numan has helped 150,000 patients and recruited 300,000 men to its platform, engaging in 1.4m digital consultations. To find out more, click below