Digital health provider Naluri has closed a $5 million Series-B funding round led by TELUS Global Ventures, bringing the company’s total Series B capital to $14 million. The Singapore-based firm plans to achieve profitability within 12 months while expanding operations across the Philippines and Vietnam.
TELUS Global Ventures invested through its Pollinator Fund for Good, joined by existing backers including Sumitomo Corporation Equity Asia and M Venture Partners. The funding round represents continued investor confidence in Southeast Asia’s digital healthcare sector despite challenging macroeconomic conditions.
Strategic Partnership with TELUS Health
Alongside the investment, TELUS Health entered a commercial partnership with Naluri to deliver Employee Assistance Programme services across eight regional markets. This arrangement demonstrates how strategic investors are seeking both financial returns and operational synergies in their portfolio companies.
“Our investment in Naluri allows us to expand our footprint in Southeast Asia while also demonstrating TELUS’ strategic commitment to leading the evolution of workplace mental health solutions globally” said Terry Doyle, Managing Partner at TELUS Global Ventures.
Market Leadership Across Key Regions
Naluri has built dominant market share in employee wellbeing services across Indonesia and Malaysia, serving enterprise clients in banking, insurance, energy, mining, telecommunications, and logistics sectors. The company has since expanded into Singapore and Thailand while securing multinational client contracts.
The platform combines mental health support, preventive behavioral interventions, and chronic disease management with health screenings, coaching services, and round-the-clock crisis support. This comprehensive approach addresses multiple aspects of employee health that traditional healthcare systems often handle separately.
Financial Performance and Growth Strategy
Company leadership emphasized their focus on sustainable unit economics throughout recent market volatility. Group CEO and Co-Founder Azran Osman-Rani highlighted the team’s ability to maintain positive financial metrics while preparing for geographic expansion.
“I’m extremely proud of my team who stood together through the macroeconomic storms of the past couple of years, batten down the hatches to deliver consistent positive unit economics in this period” Osman-Rani stated.
Digital Health Market Dynamics
The funding success reflects growing corporate recognition of digital health solutions as essential tools for managing rising medical costs and improving workforce productivity. Companies increasingly view employee wellbeing programs as central to their operational strategies rather than peripheral benefits.
Naluri’s proprietary mental health dataset and health economic models provide analytical capabilities that help employers and insurers quantify the financial value of health interventions. This data-driven approach appeals to organizations seeking measurable returns on healthcare investments.
Regional Expansion Plans
The new capital will support market entry strategies for the Philippines and Vietnam, two countries with large working populations and growing demand for digital healthcare services. These markets represent significant opportunities for scaling Naluri’s enterprise-focused business model.
The company targets reaching coverage for one million individuals, marking a significant milestone in its regional expansion efforts. This growth plan builds on Naluri’s established infrastructure and proven client acquisition capabilities in existing markets.