Vira Health, a U.K. startup that offers personalized digital therapeutics for women going through menopause, has closed a second round of funding — taking $12 million from lead investor Octopus Ventures, along with participation from U.S.-based VC firm Optum Ventures, as it gears up to hop over the pond.
Existing investors in the April 2020-founded business also joined in the latest round of financing. Vira’s £1.5 million seed — announced last summer — included backing from LocalGlobe, MMC Ventures, Amino Collective and other angels. (The startup is reluctant to label this “second raise” using standard fundraising terminology but, when pressed, pegs it as equivalent to a Series A.)
Vira’s app — Stella — which launched in the U.K. last August, delivers information and targeted support for women who are experiencing menopausal symptoms, supporting them to make lifestyle and behavior changes aimed at tackling whatever blend of physical and/or psychosocial issues they’re experiencing.
This means the app may be serving up exercise programs alongside diet…