Span Health

Idea

Please note that whilst the campaign is labelled as EIS eligible the Company has £100,000 remaining of its SEIS limit. Any tax relief is dependent on personal circumstances and may be subject to change in the future.

Introduction

1 in 2 people live with a lifestyle induced symptom or condition. It's an ongoing epidemic.

They deserve more than a 9 minutes check-up and less prescribing.

With a growing waiting list, most people don’t get access to lifestyle support within 12 months.

COVID-19 made it worse. Our mission became more relevant than ever.

Since August 2018, we have helped more than 10,000 people live better, longer.

We reimagined health care how it should be: personal and continuous.

We are using technology to deliver an unrivaled health care experience that helps people avoid lifestyle induced diseases, early symptoms, medication and complications.

Our easy-to-use mobile app that allows you to chat with clinicians, book video consultations, order blood tests at home, and see the results - all in one place.

Our team of clinicians and experts in medical nutrition and mental wellness come from backgrounds such as Stanford, Duke and Harvard. Together we bring more than 20 years of experience to the table.

Substantial accomplishments to date

Since August 2018, we have helped a community of more than 10,000 people live better, longer.

90% of our members have alleviated their primary symptom.

In an internal study 57% of patients have reversed their type 2 diabetes: they successfully got off blood sugar medication after 12 weeks.

In 2019, we agreed on an NHS pilot for 100 patients in collaboration with the National Institute of Health Research in North West London.

Finally, we recently launched our corporate health program and started discussions with benefits managers in the UK.

Monetisation strategy

The next step on our journey is to help businesses deliver outstanding employee wellness with Span. COVID-19 intensified that need.

Employers will pay a monthly subscription per employee, equivalent to a gym membership.

Employees get access to the services in the plan. They are able to upgrade for additional blood tests and care services if needed.

Long-term, we're also gathering more clinical evidence on diseases such as type 2 diabetes and polycystic ovary syndrome, for commissioning of more specific interventions by NHS trusts and private insurers.

Use of proceeds

We are now expanding to provide employees with blood tests to screen for health risk factors, antibodies, reduce these lifestyle risks, manage mental wellness, allowing businesses to recover safely, quickly, and in a sustainable way.

We also need to keep improving our platform with data insights, prediction and machine learning to structure the clinicians processes and further reduce our operational costs.

We’re backed by some of the best angel investors in Europe: Tiny VC, The Family, partners at Entrepreneur First and co-founders of Amazon Alexa, Criteo, and Clue.

In 18 months, we’ve grown to 4,000 members with an incredible team and we've been proving day in, day out, that you can create a new model of care for long-term health, one that is more convenient and delivers better outcomes for millions of people.

With your backing and investment, we have the incredible opportunity to build a profit with purpose business that can drastically change the healthcare system, for the better.