Ayogo Health raises $2.5M Series A funding

Ayogo Empower

Ayogo Health has secured $2.5 million Series A round from a syndicate of investors, including Merck Global Health Innovation Fund (GHI), Excel Venture Management, and 7Wire Ventures. As part of the deal, David Stevenson of GHI, Caleb Winder of Excel, and Lee Shapiro of 7Wire will join the company’s board of directors.

Ayogo is looking to transform the way consumers with chronic conditions engage with their own care; it plans to use the money to expand research and development, and sales and marketing. Its Empower platform harnesses game mechanics and social patterning effects to enhance intrinsic motivation, build self-efficacy, and help healthcare consumers integrate their care plans into their daily lives.

“People living with chronic conditions often need to make very difficult changes to their lives, attitudes, routines,” said Michael Fergusson, CEO and co-founder of Ayogo. “To support this herculean effort, they get 6-10 hours per year with their healthcare provider. Our mission is to be there, empowering them for the other 8,750 hours.”

Founded in 2011 in Vancouver BC, Ayogo has seen a steady stream of accolades as its business has grown; it has added some of the largest healthcare and life sciences companies to its client list.