Aduro Secures $22 Million in Funding to Expand Its Digital Employee Health Platform

VCBeat (WeChat Official Account: vcbeat) has learned that Aduro, a digital health company specializing in employee health management for enterprises, announced on January 21 that it had completed a $22 million financing round. Boston-based private equity firm Abry Partners served as the lead investor. The new funds are reportedly intended to help Aduro scale its products and achieve global growth.

As is well known, health risks are ubiquitous, and the health status of corporate employees is particularly concerning. Nearly every individual participating in market competition suffers from chronic diseases and psychological disorders to varying degrees. According to a survey report on the current state of employee health and benefits released by Mercer, the world’s largest employee benefits consulting firm, 88% of companies are concerned about the current and future health of their employees.

Under such circumstances, it is particularly necessary for enterprises to implement employee health management. Digital technology-based employee health and wellness programs have been in existence for over a decade, and many insurance companies are establishing their own health platforms.

Some major players in the wearable device industry have also entered the race. Last February, Fitbit acquired Twine Health, an employee health platform. This acquisition is expected to help Fitbit expand the application of its products into medical plans, healthcare systems, and employee self-insured sectors.

However, these traditional corporate wellness programs typically focus solely on employees’ physical health to mitigate health risks. They overlook the fact that the corporate workforce is composed of individuals, each with unique health needs that have remained unaddressed until now. Aduro’s Human Performance app transcends the narrow scope of physical health by employing a scientifically grounded, human-centric approach and an advanced digital platform. It systematically monitors and supports employee well-being by addressing key core determinants of healthy living, including social, physical, and psychological factors.

Aduro was founded in 2013 and is headquartered in Redmond, Washington. It was co-founded by Darren White and Chris Dickinson. To date, Aduro’s Human Performance application has nearly one million individual users across leading corporations and healthcare institutions, with major clients including Levi’s and TiVo.

“Aduro will continue to restructure and revitalize the corporate employee wellness industry, providing every workplace employee with the potential for healthy development. We are thrilled to partner with Abry Partners, leveraging their digital health expertise, digital technologies, and financial strength to transform this industry,” said Dr. Darren White, Co-Founder and CEO of Aduro, in a statement.

Abry Partners is a private equity firm focused on the business services, education, entertainment, healthcare services, information services, and digital media industries. Headquartered in Boston, the firm manages over $5 billion in active assets under management. Since its founding in 1989, Abry Partners has completed more than $80 billion in transactions.