MyC, a specialized platform for employee health management in high-risk industries, has successfully secured $12 million in a Series A funding round. Led by European B2B venture capital firm Hi inov, the investment will fuel the company's international expansion and accelerate its product development, particularly in artificial intelligence. This strategic financing marks a significant milestone for the Paris-based startup as it aims to modernize occupational health on a global scale.
Addressing a Critical Gap in Occupational Health
Many high-risk sectors, including energy, maritime, and defense, have long struggled with inadequate tools for managing employee health across multiple sites. These organizations often rely on fragmented systems that are ill-suited for international operations, creating significant compliance and safety challenges. This lack of a unified view hinders their ability to effectively monitor and protect their workforce in complex and highly regulated environments.
MyC provides a direct operational response to these industry-wide challenges with its unified cloud-based platform. The solution centralizes and secures employee medical data, covering everything from occupational health requirements to first-line medical care. Designed to function effectively even in locations with limited connectivity, the platform ensures that companies can maintain high standards of care and compliance globally.
A Platform Born from Field Experience
The company was founded in 2020 by Dr. Laurent Bonnardot, an emergency physician with extensive field experience, and industrial entrepreneur Benjamin Crevant. Dr. Bonnardot's vision for MyC stemmed from over two decades of managing employee health on offshore platforms and industrial sites with disjointed systems. This firsthand frustration inspired the creation of a single, comprehensive platform to meet the complex needs of international corporations.
The platform enhances operational efficiency by automating critical processes such as pharmaceutical management, specialist consultations, and regulatory reporting. By streamlining these workflows, MyC provides medical teams and management with a reliable, secure, and actionable overview of workforce health. This capability is crucial for ensuring business continuity and upholding stringent safety standards in demanding sectors.
Strategic Investment for Global Expansion
The $12 million funding round was led by Hi inov and saw participation from IXO PRIVATE EQUITY alongside returning investors Elaia and OSS Ventures. This capital injection arrives as the global occupational health software market, valued at $1.65 billion, is projected to grow annually by 10 percent. The investment positions MyC to capitalize on increasing demand driven by stricter regulations and the digitalization of health processes.
Valérie Gombart, co-founder of Hi inov, emphasized the platform's strategic value in addressing a structural need for a reliable view of employee health. She noted that MyC effectively combines deep medical domain expertise with a robust SaaS technology built for international deployment. This investment aligns perfectly with Hi inov’s strategy of backing B2B companies that deliver concrete operational value to essential industries.
With this new capital, MyC plans to significantly strengthen its product roadmap and scale its commercial operations. A key focus will be on leveraging artificial intelligence to enhance data analysis and automation capabilities within the platform. The company will also expand its sales and marketing teams to support broader adoption among its target of large international enterprise clients.
This successful funding round empowers MyC to solidify its position as a leader in the specialized enterprise health technology market. By advancing its platform with AI-driven features and expanding its global footprint, the company is poised to set a new standard for employee health and safety management. Its continued growth will be critical for industries operating in the world's most challenging and regulated environments.