Noala secures $4m in seed funding to expand its digital therapy platform
LocalGlobe led the seed round as the company looks to grow its product and clinical teams.
$4.0MSeed
≈ £3.6M at $1 = £0.8923 on 19 Oct 2022
London-based speech and language therapy platform connecting families with digital tools and clinicians.
London-based speech and language therapy provider Noala has secured $4m in a seed funding round. LocalGlobe led the investment, with participation from Cocoa Ventures and several angel investors.
The capital will be directed towards product development and expanding the clinical team to further enhance the digital platform.
Founded in 2021, the company aims to improve access to speech and language services through technology and clinical support.
From the founder
"At Noala, we’re building the go-to platform to improve one’s communication skills, empowering a decentralised fleet of Speech and Language Professionals to deliver clinically-backed digital coaching programs."
ES
Emilie Spire
Founder at Noala
Investor perspective
"Emilie and her team at Noala are on a mission to make speech and language therapy mainstream. Leveraging their digital platform, they aim to reduce the friction usually associated with accessing speech and language therapy treatment. As we’ve seen in other pillars of the health sector in the wake of Covid, teletherapy presents a significant opportunity to improve access but only when it’s built with inclusion in mind, and only when it’s backed with clinical authority. Noala has encapsulated this with its platform-led approach and Emilie’s inspiring motivation."
JH
Julia Hawkins
General Partner, LocalGlobe
Use of funds
- 01Continue product development
- 02Grow the team
