Parisian health data management startup MyC has closed a €2 million fundraising round with the aim of helping companies truly support employee health. The software platform provides a data collection and management app that provides employers with predictive analysis, thereby aiding in overall employee health, while at the same time minimising the company’s risk exposure.
Now if you’re anything like me, there’s a bit of reticence in having my employer monitoring my health. Invasive to say the least. And no, Robin doesn’t know about my most recent surger … oh wait. Have I said too much?
"We first provided our innovation to companies in Angola to support their activities during the pandemic. Medical staff were able to remotely monitor 10x more patients while health managers had real-time access to quality data and analysis to adjust their response. The solution contributed to preventing clusters of transmission, greatly benefiting both employees and companies," explained MyC co-founder Dr. Laurent Bonnardot. MyC reports that they place security at a premium and are GDPR compliant.
With 65% of surveyed employees reporting that “companies supporting programs on health,” are more likely to be viewed as attractive, MyC is on to something here. The startup points to healthier employees being more productive, have higher morale and account for overall lower health care costs.
Through this new funding, MyC is aiming to ramp up recruitment efforts and preparing the opening of its first foreign office in 2022. The raise was led by Elaia Partners and saw participation for a number of undisclosed French and American angel investors.