Insight Workplace Health secures £180k from the Development Bank of Wales to fund expansion
The occupational health provider has raised a £180k loan to create 17 new roles and invest in new technology.
Insight Workplace Health is an occupational health provider based in south Wales, operating clinics and a fleet of mobile screening vehicles across the UK.
Insight Workplace Health has secured a £180k loan from the Development Bank of Wales, via the Wales Business Fund. The capital will enable the firm to create 17 new roles and invest in musculoskeletal analysis technologies alongside back-office systems.
Founded in 2009, the Port Talbot-based company operates five clinics in Wales and a fleet of mobile screening vans providing national coverage. This transaction marks the second time the business has received backing from the Development Bank, following a previous loan in 2020.
From the founder
"We’re incredibly proud of our current position as Wales’ largest, fastest growing provider of occupational health services, and we’ve always had the confidence and support of our existing clients, who occupy different sectors and disciplines. But we didn’t want to stand still – occupational health is an ever-changing field with evolving demands, and we wanted to make sure our offering remained future-proof for our current and prospective customers alike."
Ellie Taylor
Founder and Director at Insight Workplace Health
Investor perspective
"We’re glad to have supported Insight as they look to take on new employees and increase innovation, which will have huge health and wellbeing benefit for workers not just in Wales, but throughout the UK."
Richard Jenkins
Portfolio Monitoring Executive, Development Bank of Wales
Use of funds
- 01Grow the team
- 02Continue product development
- 03Build out infrastructure
Investors
Categories
About the company
Insight Workplace Health
Insight Workplace Health provides occupational health and wellbeing services to organisations across the UK.