Lateral

Lateral has successfully raised £2.5 million in seed funding, spearheaded by Augmentum, to develop and launch custom healthcare and financial wellbeing products specifically tailored for individuals over 60.

Summary of transaction details:

• Value: £2.5 million
• Sector: Healthcare & Fintech
• Advisor: Not disclosed
• Key Entities: Lateral (Target), Augmentum (Lead Investor)
• Location: London

Note: This seed investment will empower Lateral to address the distinct needs of the over-60 demographic by creating bespoke health and wealth solutions, leveraging expertise from both the healthcare and financial services sectors.