Ordinary Folk, a digital health technology startup based in Singapore, announced Thursday its Pre-Series A funding of $5 million by Monk’s Hill Ventures.

The funding will be used to accelerate hiring talent to build a differentiated CX in healthcare using tech, expand in new markets (Hong Kong and other Asian cities), while continuing to scale in Singapore, Ordinary Folk said in a statement.

The company also plans to grow its team and hire top engineering talents in Vietnam, product, growth and design across the Singapore and Hong Kong markets.

It also plans to continue to expand its business to business (B2B) partnerships with companies to provide Noah and Zoey services to its employees.

Launched in 2020, Noah is a men’s telehealth platform that integrates different areas of care including sexual health, mental wellness, hair care, weight management, creating the right tools for a better, more seamless patient experience.

Zoey, which was launched less than a year later, was a telehealth platform where women can access sexual wellness, fertlility, mental health and wellbeing medical solutions in a judgement-free space.

“Our mission is to use technology to simplify the patient experience. 60 percent of total health expenditure in Southeast Asia is out-of-pocket making treatments for many prevalent health conditions very expensive. We realized the need for a frictionless experience from discovery to delivery. Which is why it was essential for our digital health platforms to create access to doctors and medical solutions for sexual health, hair care, fertility, mental health and overall wellbeing together,

“We’re committed to strengthening our existing engineering, product and design teams as well as bringing on board the right people to pilot our expansion into key markets including Hong Kong, while continuing to scale in Singapore,” said Sean Low, Founder of Ordinary Folk.

Since its launch in 2020, Ordinary Folk has seen revenue growth up by over 130 percent and attracted over a million unique visitors. Its platforms, Noah and Zoey, help users with cutting down on scheduling appointments, long waits at clinics, encountering tough questions in-person, and instead create a patient-doctor-treatment process that can be accessed from the privacy and comfort of one’s home.

Aiming to help people across Asia lead healthier lives, removing high costs and accessibility as barriers to quality healthcare, Ordinary Folk is also committed to expanding their growth, design and marketing teams.

“Millions of people across Asia find it difficult to access proper treatment and care for health conditions that have tremendous taboo attached. Through Noah and Zoey, Ordinary Folk is uniquely positioned to bring in value through the consumer journey of healthcare services, creating an ecosystem where patients have access to medical experts and products, and a wide range of treatment options. Sean and his team have strong digital and branding DNA to grow the business to new heights, and we are happy to be partnering with them,” said Peng T. Ong, Co-Founder and Managing Partner of Monk’s Hill Ventures.

Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, Monk’s Hill Ventures is a venture capital firm investing in early-stage technology startups, primarily in Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, it works with exceptional entrepreneurs who use technology to improve the lives of millions of people in the region.

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