Vitrue Health raises £3.2m in seed funding led by MMC Ventures and Hambro Perks
MMC Ventures and Hambro Perks led the round to support team growth and international expansion.
Vitrue Health provides a digital musculoskeletal health platform that helps employers assess, prevent, and treat workplace conditions using computer vision technology. The company works with clients across thirty countries to deliver personalised ergonomics programmes.
Vitrue Health has secured £3.2m in seed funding led jointly by MMC Ventures and Hambro Perks. Additional participation came from Simplyhealth Ventures, Crista Galli Ventures, and Chris Bruce, bringing the company total raised to £5.6m. The fresh capital will be directed towards team expansion, new market growth in the United States and Europe, and further clinical research initiatives.
The London-based business addresses widespread musculoskeletal issues that cost British employers millions of lost working days annually. Its platform applies motion capture and posture analysis to support remote and office workers, reporting high rates of pain reduction among users since its inception.
From the founder
"Musculoskeletal health conditions have been a societal problem across the world for decades, and our data shows that rates of pain have massively increased since the rise of hybrid working. With this new funding, we’ll be able to continue our growth to reduce the financial and health costs for employers and their teams."
Shane Lowe
Co-Founder and CEO at Vitrue Health
Investor perspective
"We’ve been tracking Vitrue Health and the evolution of its computer vision technology for several years. The team is highly technical with a strong clinical skill set, and we believe they’ve found a strong use case with evidenced product-market fit that can eliminate musculoskeletal pain for millions of people."
Simon Menashy
Partner, MMC Ventures
Use of funds
- 01Grow the team
- 02Expand into international markets
- 03Fund research and development
Investors
Simon Menashy
MMC Ventures
Nick Sharp
Hambro Perks
Simplyhealth Ventures
Crista Galli Ventures
Chris Bruce
Categories
About the company
Vitrue Health
Digital musculoskeletal health platform for workplace ergonomic assessments and injury prevention.