Lateral
Latest round
- Seed
Last raised
- Feb 2026
Total raised
- $3.5M
Investors
- 3
About Lateral
Lateral is a health insurance provider founded in London, UK, in 2025, focusing on health and wellness solutions for seniors. The company was established by Laura Ashforth and Steven Mendel.The Lateral Health Plan offers a unique health insurance product tailored specifically for individuals aged 60 to 75 in the UK, focusing on promoting health and wellness among active seniors. This innovative plan allows members to access NHS services while also providing the option for private healthcare, thus offering a hybrid model that caters to the diverse needs of its clients. Key features include personalized health navigation through qualified nurses, annual health checks, and virtual GP services. The plan emphasizes preventative care, enabling users to access services such as physiotherapy and nutritional support designed to enhance their well-being and maintain independence.Lateral Health derives its revenue primarily through subscription-based payments for its health insurance plans. Clients pay a monthly premium, with the cost for a 67-year-old member set at GBP 150. These subscription fees contribute to the overall financial model, which is designed to provide affordable health insurance that includes a range of stay-healthy benefits. Client transactions are structured directly to consumers, focusing on individual health insurance plans rather than B2B sales. The company offers annual health checks and access to virtual GP consultations, further enhancing the value of their subscription model. The company is focused on enhancing its product offerings and increasing its reach to better serve active seniors.
Who invested in Lateral
3 investors across 1 round
See all investors in Lateral
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Feb 3, 2026
Amount
$3.5M
Investors
Questions about Lateral
Who invested in Lateral?
Lateral has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lateral raised?
Lateral has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lateral last raise money?
Lateral's most recent round on record is a Seed, in Feb 2026.
What does Lateral do?
Lateral is a health insurance provider founded in London, UK, in 2025, focusing on health and wellness solutions for seniors.
Where is Lateral headquartered?
Lateral is headquartered in London, UK.
Which VCs invest in companies like Lateral?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at Lateral's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
Raising like Lateral? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.