Accounting & advisory for scaling technology company

Dama Health

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Background

Dama Health was seeking a cost-effective, but personalised accounting service, with accountants who could also assist with fundraising advisory services, which made Rise a great match from the very beginning.

Service provided by Rise Accounting

We started working with Elena and the Dama Health team from the very early stages of their startup journey, delivering just monthly accounting services initially.

As Dama Health’s business scaled, we were able to offer support with startup advisory, most notably in assisting with their EMI Valuation and SEIS Compliance Application.

We already had access to Dama Health’s financials from managing their monthly accounts, so it was easy compiling the necessary information for the EMI Valuation.

“As a founder, it makes my life easier to work with accountants who can also consult on startup-specific advisory services.

Elena Rueda

CEO & Co Founder, Dama Health

The Founder’s experience

We sat down with Elena – one of Dama Health’s Co-Founders – who spoke of the advantages of working with Rise Accounting and her experience working with the team.

Who are Dama Health

Dama Health is a UK based women’s health technology company that uses digital and genetic biomarkers to give personalised advice and recommendations of hormone therapies to women and clinicians.

Elena Rueda is one of the Co-Founders and CEO, who started Dama Health with her co-founders out of frustration with the lack of gender-specific clinical research and the trial-and-error approach to prescribing medications like contraception to women.

How did you find the EMI Valuation process?

“Seamless, the whole process was fast and efficient, and the team were available to answer all of my questions along the way so I felt I had control and understanding of the process too,” Elena explained.

 

Elena emphasised that she found working with an accountancy that also provided specialist advisory services a huge benefit to her startup. Since we understand that every startup progresses at a different pace, we were able to provide a more bespoke advisory service to Elena as and when her business needed it.

 

It gave her peace of mind as a founder, “to know that our accountants have access to our accounts and understand our business. This streamlines a lot of processes and advisory services for us.”

Would you recommend Rise Accounting? ​

“Absolutely, we were very happy with the results and hence have no hesitations to recommend the services to other start-ups or SMEs.”

Why did you choose Rise Accounting?

“As a founder, it makes my life easier to work with accountants who can also consult on startup-specific advisory services.

Rise Accounting is like your one-stop-shop of all things tax, accounts, compliance, payroll, etc. And you will be in good hands too!”

Interested in rewarding your team with EMI Options? Learn more about the scheme and how we can help here.  

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