Univa Health funding news – London-based Univa Health Secures €1.2 Million in Pre-Seed Funding
Oct 7, 2024 | By Team SR
Univa Health! The startup, dedicated to combating the impact of eating disorder conditions, has secured €1.2 million in pre-seed funding. The funding, led by YZR Capital and supported by Calm/Storm Ventures, will drive the development and launch of Univa's innovative personalized digital care platform.
SUMMARY
- Univa Health! The startup, dedicated to combating the impact of eating disorder conditions, has secured €1.2 million in pre-seed funding.
- Founded in 2024, Univa is dedicated to combatting the devastating impact of eating disorders on individuals and families.
This platform aims to revolutionize the management and treatment of eating disorders, enhancing the lives of those affected and their families. Additionally, the investment will facilitate Univa's upcoming clinical study in partnership with the UK's NHS and assist in building crucial teams for the platform's anticipated launch in early 2025.
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Co-founded by healthcare entrepreneurs Rich Andrews and Jose Santos, it is addressing critical challenges in eating disorder care. Hospital admissions for eating disorders have surged by 84% in the UK and 121% in the US over the past five years, underscoring the urgent need to tackle the devastating impact of inaccessible and ineffective care.
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Rich Andrews, co-founder and CEO of Univa, commented: “The widening gap between the need for care and available resources, along with the lack of personalised treatment options, urgently requires a radical rethink of how eating disorder care is provided. Our goal is to revolutionise care pathways, providing tools that empower clinicians and deliver meaningful results. We aim to keep people out of hospital and enable better long-term recovery while saving costs for the healthcare system. Univa’s platform will augment the overwhelmed clinical workforce by providing evidence-based tools to reach more patients and families, enabling earlier intervention, improved monitoring, and faster recovery.”
Univa offers a comprehensive solution to the challenges surrounding eating disorders, providing a range of digital tools to enhance management, monitoring, and treatment.
Their platform includes tailored therapeutic programs, AI-driven health monitoring features, and real stories from individuals who have overcome eating disorders, all accessible through interconnected apps for patients and their carers. By involving families in the care process, Univa maximises treatment outcomes and supports clinical teams effectively.
Clinicians benefit from Univa's professional portal, which enables the creation of personalized treatment plans and real-time monitoring of patient well-being. This approach facilitates individualized care, allowing clinical teams to allocate resources efficiently.
It ensures that those requiring immediate assistance receive timely support, while patients in different stages of recovery continue to receive the necessary guidance and care.
Reinhard Meier MD MBA, Founding Partner at YZR Capital commented: “We at YZR believe in supporting transformative innovations that address urgent healthcare challenges. Univa’s approach to personalising eating disorder care represents a significant leap forward, oering a scalable solution to an issue affecting millions worldwide. We were particularly impressed by Rich’s experience as a serial entrepreneur, as well as the team’s connections to the NHS system, which strengthens Univa’s potential for real-world impact across the UK. We are excited to back such an experienced and passionate team, and we look forward to seeing Univa’s platform make a lasting impact on both patients and the healthcare system.”
Johannes Blaschke, Principal at Calm/Storm Ventures added: “At Calm/Storm, we seek out founders tackling systemic healthcare challenges with innovative,cutting-edge technology, and Univa Health exemplifies this with their transformative approach to eating disorder care. By leveraging an advanced, personalised platform that integrates both patient and caregiver tools, Univa is addressing one of the most complex and underserved areas in healthcare. With Rich and Jose’s deep experience in digital health and their strong clinical partnerships, we are confident that their AI-driven platform will significantly improve outcomes for those affected by eating disorders while also easing the burden on healthcare systems globally. This is exactly the kind of bold, purpose-driven healthtech innovation we are proud to support.”
About Univa
Founded in 2024, Univa is dedicated to combatting the devastating impact of eating disorders on individuals and families. Their mission involves creating sustainable solutions to reduce morbidity and mortality rates globally. At Univa, they aim to develop and validate outcome-focused eating disorder solutions that empower healthcare systems to provide exceptional care.