Ordinary Folk, a Telehealth startup has raised $5 million in pre-Series A funding. The seed round for the company was led by Monk’s Hill Ventures.
The Singapore based startup will use the cash investments to hire new staff and scale its operations in Hong Kong, mainland China. Established in 2020 by entrepreneur Sean Low, the company’s main focus is men’s and women’s health issues.
Ordinary Folk has two main pillars that are zooming in, Noah is for men’s sexual health, mental wellness, hair care and weight management, while Zoey focuses on sexual wellness, fertility, mental health and wellbeing.
According to Low, the company seek to de-stigmatise health conditions like erectile dysfunction, Infertility and ease the pain of clinical visits.
Low said, “Men’s and women’s health conditions are intimate problems that affect all of us at some point of our lives, whether directly or through your partner.”
“And before we started Noah and Zoey, there weren’t any good solutions in Singapore and Hong Kong.”
“While there are nuances, Singaporeans and Hong Kongers also identify similarly on issues such as high healthcare costs, fear of illegitimate medication, inconvenience of visiting a doctor and the stigma attached to men’s and women’s health conditions,” he added.
The health assessment was developed in partnerships with doctors and health experts. Ordinary Folk’s network of providers includes physicians, psychologists, therapists and other specialists.
“In the case of sexual health, having to answer intimate questions can be tough and what more to a stranger whom you’ve never met,” said Low.