Ease, a women’s healthcare startup based in Singapore, raised a US$1.3 million seed funding round led by Insignia Ventures Partners. Several members of Southeast Asian investment network XA Network also participated in the round.
In a statement, the company claimed that the round is the largest for a “female tech” startup in Southeast Asia.
Founded in 2020 by serial entrepreneurs Guadalupe Lazaro and Rio Hoe, Ease focuses on women’s sexual and reproductive healthcare. Its app offers online consultations, tracks the use of contraception, and allows users to discreetly get birth control pills or test equipment for sexually transmitted infections.
The company currently has more than 20,000 users and is on track to hit 15% monthly revenue growth.
Ease plans to use the fresh funds to launch new products that focus on improving women’s health conditions, such as vaginal infections, pre-menstrual syndrome, and urinary tract issues. On top of that, it also wants to expand the team and the reach of its services.
The round comes as Ease has launched a new mobile application for users to book doctor appointments and tests on-the-go, make purchases of sexual health products and services, run contraception tracking, manage health indicators through personalised guides and engage with other users.
The startup was founded last year by serial entrepreneur and sexual and reproductive health rights advocate Guadalupe Lazaro and lawyer-turned-entrepreneur Rio Hoe, who had previously worked on other ventures together. They were inspired by their own experiences as a couple facing barriers to access sexual and reproductive healthcare in Singapore ( women’s healthcare startup ).
“The long-term goal is not just to tackle access to sexual and reproductive healthcare, but address the larger picture of women’s health through a truly comprehensive ecosystem of products and services,” said Ms Lazaro.
“We’ve seen how Guadalupe and Rio have built the foundations… in Ease, with their deep understanding of the pain points and the market they are addressing, the massive community and content they have amassed around their digital platform, and their strong ties to the right stakeholders in the industry,” said Tan Yinglan, founding managing partner of Insignia.