MedTechInvestment

HealthTech startup Aide Health has raised £1 million in pre-seed funding to help patients and their clinicians better understand and manage long-term health conditions.

Launched by co-founders Ian Wharton, CEO, and Brian Snyder, COO, Aide provides clinicians with a platform to create and remotely monitor health plans for people with chronic disease, paired with a mobile app for the patient which acts as a co-pilot through their care. 

Using natural language, Aide has short, daily conversations to help with the day-to-day management of health conditions through medicines optimisation, structured monitoring and structured education.

The service is currently being used by the NHS, with a pilot launched earlier this year supporting people aged between 18-75 with asthma or type-2 diabetes. Aide has a specific focus on meeting the rising challenge of comorbidity and will soon be launching pathways for hypertension and chronic pain.

The funding was led by Hambro Perks through its EIS fund, with participation from Fuel Ventures, 1818 Ventures and APX. 

Vira Health to offer online menopause clinic after deal

“Like many people, I know first-hand the frustrations of trying to manage long-term conditions,” said Wharton. “Our goal is to give both patients and clinicians the tools and insights they need to have better conversations and make more informed treatment decisions together. 

“The pilot in NHS England is our first step towards making Aide available to everyone with chronic illness.”

Nicholas Sharp, head of Hambro Perks Growth EIS Fund, commented: “Ian and Brian’s vision and experience impressed us from the start, and we believe that Aide Health has the potential to be a hugely important tool for both clinicians and patients for managing long-term health conditions. 

“Hambro Perks has a long track record of backing healthtech companies as part of our aim to invest in companies that make the world a better place.  Aide Health and Ian’s team were therefore an obvious choice for us, and we look forward to supporting them on their growth journey.”

HealthTech 50 – UK’s most innovative health technology creators for 2022