Ordinary Folk, a Singapore-based telehealth firm focused on men’s and women’s health issues, has secured $5 million in pre-seed funding from Monk’s Hill Ventures.
Through its two primary platforms, the start-up is reinventing the foundations of healthcare: Noah allows men to receive remote diagnosis and treatment on mental wellness, sexual health, hair care, and weight management. While Zoey supports women on fertility, sexual wellness, mental health, and wellbeing.
Founded in 2020 by Sean Low with the goal of easing the pain points of an in-person clinical visit while also making it simpler to seek treatment for stigmatized disorders like erectile dysfunction, and has since increased its revenue by over 130%.
Ordinary Folk sets itself apart from other telemedicine firms by building a complete healthcare stack, encompassing healthcare and logistics for medication in non-description packaging.
The money will be used to hire more people and expand into Hong Kong, all while continuing to grow in Singapore. Singapore and Hong Kong are both densely populated and fast-paced, and their healthcare systems have certain parallels.
The company also plans to expand its team and hire top engineering talents in Vietnam, product, growth, and design across the Singapore and Hong Kong markets.