Series A22 November 2023

Plumm secures over £2.2m in Series A funding led by IW Capital to drive international expansion.

IW Capital led the Series A round to support team growth and international scaling.

£2.2MSeries A

Plumm provides a B2B software platform that equips employers with mental health support and wellbeing resources for their staff. The service integrates therapy, coaching, and self-help materials produced by accredited specialists.

Plumm has secured over £2.2m in a Series A funding round led by IW Capital. The fresh capital will be deployed to scale the company partnerships, sales, and marketing teams, alongside driving expansion within the UK, EU, Middle East, and US markets.

The business provides an integrated software platform that allows employers to offer personalised therapy, coaching, and wellbeing resources to their workforces. Since 2020, the firm has achieved significant year-on-year growth and counts clients such as Treatwell, XE, and Innocent Drinks among its corporate users.

From the founder

"I’m delighted that investors understand and value the vision and mission of Plumm at this exciting stage of expansion for the company. Plumm has attracted a wide corporate client base which means we have been able to help thousands of people through our mental health solutions platform. We’re excited to be partnering with IW Capital as we look ahead to further growing the business."

Asim Amin

Founder and CEO at Plumm

Investor perspective

"We’re pleased to be investing in Plumm as the company continues to grow in the UK and internationally. At IW Capital, we focus on backing businesses that are doing important work in growing markets, and it was clear that Plumm is well poised to expand their offering, having built a great platform to serve the underserved and expanding mental health market. We are thrilled to be working with Plumm on the next stage of their growth journey."

Alex Petri

Investment Director, IW Capital