Men's digital health startup Numan has raised a £10 million Series A funding round.
"We want to become a holistic health partner for men," Sokratis Papafloratos CEO and founder of Numan, told Business Insider in an interview. Men's health startup Numan has raised a £10 million Series A to grow its product offering. , founded in February 2019, provides health services for men including treatments for hair loss, smoking cessation, and erectile dysfunction.
Papafloratos is a serial entrepreneur and investor having founded TrustedPlaces, one of the UK's earliest local reviews sites which was acquired by Yell Group and UK travel company Secret Escapes. He said that many men's health issues, like erectile dysfunction and hair loss, can be seen as non-major in medical terms but can have a significant impact on self-esteem, confidence, and mental health.
"Healthcare is a competitive space but there is so much demand and a lot of opportunity to grow," Papafloratos added. "Covid has been a loud alarm bell and our hope is that people will be more proactive about their health now and we want to be one of the companies that can support this."
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