Numan secures £30m Series B funding led by White Star Capital to drive international expansion
The investment round was led by White Star Capital with participation from Novator, Vostok New Global, Anthemis Exponential, Colle Capital, and Hanwha Dream Fund.
Numan is a digital health provider offering personalised clinical guidance, diagnostics, and preventative care programmes. The platform focuses on areas including obesity management and men's health.
Digital health platform Numan has secured £30m in Series B funding led by White Star Capital. The round drew participation from both new investor Hanwha Dream Fund and existing backers including Novator, Vostok New Global, Anthemis Exponential, and Colle Capital. The capital will be deployed to expand the company's therapeutic offerings and accelerate international growth.
Founded three years ago, Numan provides remote consultations and treatments for conditions ranging from sexual health to hair loss and nutritional deficiencies. The business has scaled rapidly through organic growth and strategic acquisitions in the UK and Sweden, operating under regulation by the Care Quality Commission.
From the founder
"We started Numan three years ago to help men take better care of themselves. Since then we’ve had a positive impact on the lives of hundreds of thousands of men in the UK, and have been humbled and inspired by the response that the Numan offering has had. This funding is a significant milestone on our journey to help millions of men be healthier. White Star Capital is one of the best investors in our space, and I’m delighted to be working together along with a wider team of brilliant investors. We now have the team, product, technology, and investor base to accelerate Numan’s growth and fulfill the potential of our vision."
Sokratis Papafloratos
CEO at Numan
Investor perspective
"Men’s health has been under-served by traditional services and needs innovative businesses to break down barriers and ensure taboos don’t prevent men from being happy and healthy. Numan’s digital offering helps men take charge of their health discreetly and decisively. We’re incredibly excited by Sokratis and his team, and look forward to working with them as they grow."
Eric Martineau-Fortin
CEO and Managing Partner, White Star Capital
Use of funds
- 01Expand into international markets
- 02Continue product development
Investors
Eric Martineau-Fortin
White Star Capital
Novator
Vostok New Global
Anthemis Exponential
Colle Capital
Hanwha Dream Fund
Categories
About the company
Numan
Numan operates a digital health platform providing integrated preventative care and diagnostics.