Tictrac, a London, UK-based Health engagement company, secured a further £6m in funding, bringing its total investment to date to £13.5m.
The round was led by Puma Private Equity.
The company intends to use the funds to expand adoption of its platforms.
Led by Martin Blinder, CEO and founder, Tictrac is a Health Engagement company which has two products that enable users to take control of their health and wellbeing – The Employee Wellbeing (SaaS) platform and the Enterprise solution.
The Employee Wellbeing platform is aimed at organisations that want to help their workforce improve their wellbeing, and the Enterprise solution has been designed for healthcare providers and insurance companies.
The Employee Wellbeing platform has been designed to fit into an individual’s day-to-day life. It uses behavioural science to identify trigger points where extra motivation may be required and provides personalised and engaging content as well as themed lifestyle campaigns to keep users inspired and motivated to improve their wellbeing.
In contrast, the Enterprise platform uses analytics to help healthcare providers and insurance companies engage and understand their customers’ health and lifestyle. This enables them to recommend more relevant products and services to them – and reduce the cost of care provision.
The company already works with over a thousand employers globally.