Naluri, a Malaysia-based digital health insurtech provider focused on employee wellbeing, has raised $5 mn in fresh Series B equity, bringing its total Series B funding to $14 mn.
The round was led by TELUS Global Ventures through its Pollinator Fund for Good, with participation from Sumitomo Corporation Equity Asia, M Venture Partners, and other investors.
The company offers digital health programmes that integrate behavioral science, professional coaching, and clinical support for mental health and chronic disease management.
Naluri’s platform delivers outcomes-based health improvements while giving employers and insurers actionable data on workforce wellbeing.
The latest funding will support working capital needs, help Naluri reach profitability within 12 months, and accelerate its expansion into the Philippines and Vietnam.
Terry Doyle, managing partner at TELUS Global Ventures, said the investment reflects both a strategic push into Southeast Asia and a broader commitment to scaling workplace mental health solutions. He highlighted Naluri’s integration of mental health and chronic care as a differentiator in the region.
Naluri’s comprehensive approach to employee wellbeing, combined with their innovative programmes that integrate mental health, preventive behavioral health, and chronic disease management, positions them perfectly to address the growing demand for holistic health solutions in the workplace across Southeast Asian markets.
Terry Doyle, managing partner at TELUS Global Ventures
Naluri CEO and co-founder Azran Osman-Rani said the company has achieved consistent positive unit economics, despite recent macroeconomic volatility.
With renewed backing, he said Naluri is positioned to grow its footprint and reach 1 million lives covered.
We must do more to not only manage chronic health and mental health conditions, but we must also prevent them as well. We must do so quickly and effectively.
Naluri Co-Founder and CEO Azran Osman-Rani
“Global markets have tightened, but this investment affirms Naluri’s mission and fast-tracks our efforts to deliver support to more deserving people in the region,” says Azran Osman-Rani.
Naluri’s industry-leading digital health service and healthcare cost-containment solution deploy technology to deliver integrated person-centred care to transform the lives of people at risk of, or managing, the most pervasive chronic and mental health conditions.
Chronic health conditions, including type 2 diabetes, hypertension, obesity and hyperlipidemia, are reaching endemic proportions in the region, reducing work capacity, life expectancy, and economic productivity.
The company, founded in 2017, pairs evidence-based interventions and human-led expertise with a digital platform (via the Naluri app) to deliver significant health outcomes at a lower cost to healthcare payors.
In a region where shortages of registered professionals constrain care delivery, Naluri also empowers its team of health and wellness experts with data and the company’s proprietary AI-augmented coaching platform, decision support systems and digital self-help tools to deliver highly personalised behavioural health programmes at scale.
Expanding beyond its digital chronic disease management and employee assistance programmes, the company’s breakthrough is its ability to combine an organisation’s historical claims data with organisation-wide health screenings to understand and forecast future healthcare demands and costs.
Then, coupling the health risk data with regular health monitoring, Naluri delivers proactive early interventions that prevent the onset of additional medical complications that often lead to escalating costs.
The company, founded by serial entrepreneur Azran Osman-Rani and medical systems expert Jeremy Ting, is backed by prominent investors, including Integra Partners, Pathology Asia (via Biomark), M Venture Partners (MVP) and Sumitomo Corporation Equity Asia.
Naluri serves more than 75 of the region’s leading employers in industries that include financial services, oil and gas, property development, telecommunications, tertiary education and aviation. It offers healthcare payors effective corporate wellness solutions across Malaysia, Singapore, Thailand and Indonesia, with imminent plans for expansion into the Philippines, Hong Kong and Australia.
