Forward Health raises €4.5 mn from Skip Capital

Forward Health, a London-based healthcare communications tool, announced that the company has raised funds from Skip Capital for global expansion. As part of its rebranding strategy, the company will be known as Pando Health.

The company will utilize the funds to scale Pando’s reach outside of the UK. In Q1 2020, Pando will become available to healthcare teams throughout India, Canada, and Australia, with more markets to follow.

Co-CEO and co-founder Philip Mundy comments: “Skip Capital are a phenomenal partner, and we’re thrilled to have their backing and the continued support of Stride.VC as we push ahead with our growth plans. Skip understands not only what we’re building, but also why it’s so important. With this support, we have the resources to take our network to scale, while cementing our position within UK healthcare.”

Kim Jackson, from Skip Capital, commented, “Pando Health combines everything we look for in a company; passionate founders solving a fundamental, global problem with a positive impact. From our first meeting, I could tell the team was fiercely committed to making a difference, and we are excited to join the journey. Their success across the NHS shows how overdue a revolution in health and social care communication truly is and we’re looking forward to supporting them as they scale their impact internationally.”

Skip Capital is a billion dollar fund led by Kim Jackson and the co-founder and co-CEO of Atlassian, Scott Farquhar. Skip Capital invests in technology enabled businesses who are solving global problems. Pando is the first European healthtech investment for the fund.

Pando Health was founded in 2015 by Lydia Yarlott, Philip Mundy and Barney Gilbert. The startup provides over 25,000 professionals in 200 UK NHS hospitals with secure and efficient tools to communicate around patient care. 

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