HealthMetrics secures US$5 million in Series A Funding from ACA Investments

By ANIS FARHANAH MALEK
anisfarhanah@dagangnews.com

KUALA LUMPUR 30 Sept. - Malaysia’s leading corporate healthcare benefits and wellness management platform, HealthMetrics secured a total of USD$ 5 million (approximately RM20 million) as part of its Series A funding.

The round was led by ACA Investments, one of Asia’s leading investment groups from Japan with over US$1 billion asset under management.

With this new injection of funds, HealthMetrics will be expanding its regional footprint across Southeast Asia and enhancing its solutions to provide best-in-class user experience in health benefits whilst improving cost efficiency in corporate healthcare investments.

Chief Executive Officer of HealthMetrics, Alvin Yuan said, bringing strong new investors and strategic partners into the company allows them to continue innovating on their proven approach on corporate healthcare.

“We would like to express our gratitude towards ACA Investments for their confidence in us as we continue striving to make a difference in employee health and wellness at home and across the region.

“We founded HealthMetrics to ensure that companies are able to manage their employee health and wellness benefits with ease, in a more streamlined and cost-effective way.

“Our aim was and still is to introduce innovative digital processes to companies for higher efficiency and productivity,” said him in a statement today.

In line with this, HealthMetrics will be extending its track record in digitalising corporate healthcare and optimising cost governance towards insurance-based corporate healthcare by working with regional brokers and insurance providers.

HealthMetrics will also be expanding its offerings with innovative healthcare business models such as telemedicine, digital wellness and preventive programmes.

“We are impressed by how HealthMetrics makes the relationship among the corporates, employees and healthcare service providers more efficient using its online platform.

“We also believe that HealthMetrics has a strong potential to widen the range of services as a B2B2C medical service platform and expand this footprint regionally. We will support the team to grow further using our network and other resources.” said Chief Investment Officer of ACA, Tomohiro Fujita.

Established in 2008, ACA Investments is a leading investment firm from Japan and headquartered in Singapore.

One of the key areas of investment which the company focuses on is healthcare.

ACA Investments is also linked to the Daiwa Securities Group, one of the largest investment banks in Japan.  – DagangNews.com