Juniper, a London, UK-based reproductive healthcare insurance provider, raised £1.5M in Pre-Seed funding.
The round was led by Insurtech Gateway, with participation from 2100 Ventures, Exceptional Ventures, and Heartfelt, alongside angel investors Vera Baker, Charles Delingpole, Matt Cooper, Tara Reeves, and others.
The company intends to use the funds to triple the team, drive growth, and support its pilot phase leading to its official launch.
Founded in 2023 by Ambra Zhang (CEO) and Sam Pratt (CPTO), Juniper offers comprehensive insurance for genitals, covering a range of otherwise uncovered conditions, such as PCOS, menopause, erectile dysfunction, family planning and gender dysphoria, among others. It ensures inclusive access for companies and employees with services that include testing, routine checkups, education, community support, medical reimbursement, and care navigation.
Commenting on the news, Ambra Zhang said: “I was diagnosed with polycystic ovarian syndrome (PCOS) early on, and my corporate health insurance didn’t cover it, as PCOS was classified as a chronic reproductive condition. So, every year, I would pay £1,000 out of pocket to see my gynaecologist get my prescription. Juniper bridges this gap by providing end-to-end reproductive health support for employees and offers tailored, high-quality insurance products for employers and brokers. Our digital platform aims to revolutionise the insurance industry by meeting the unmet needs of the new generation.”
FinSMEs
21/02/2024