Gresham House Ventures makes £1mn follow-on investment into eating disorder clinic provider Orri

Gresham House Ventures, has made a £1mn follow-on investment into Orri, a business providing specialist clinics for the treatment of eating disorders (ED).

Orri offers both in-person and virtual services, having developed its online offering during the Covid-19 lockdowns. The business currently operates at two locations in London providing in-person day care and outpatients treatment, and online offering intensive outpatients and day care services. Differentiated by its specialist focus on ED services and personalised approach to treatment, Orri is rated as an ‘outstanding’ treatment provider by the Care Quality Commission (CQC) across all five of its domains.

The latest investment brings the total funding for Orri from Gresham House Ventures to £6mn since its first investment in 2022, which supported the opening of its second clinic in London in July 2023 and helped to accelerate the development of the business’s online services, resulting in significant year-on-year revenue growth of 47%.

The new funding will be used to continue the expansion of new Orri clinics, with locations across the UK currently under consideration, explore new partnership opportunities and bolster Orri’s central support infrastructure to enable further growth.

The investment was led by Simon Bursell on behalf of both the Baronsmead and Mobeus VCTs. It builds on a busy period of dealmaking in 2024 for Gresham House Ventures, which recently made a £6.3mn investment into legal tech data governance and cyber incident management leaders ActiveNav and Actfore, as well as a £10mn investment into event accreditation provider Accredit Solutions.

To support of Orri’s continued growth ambitions the board has appointed BDO to help raise further capital and facilitate the exiting of long-standing non-management shareholders.

Simon Bursell, portfolio director at Gresham House Ventures, said:

“Our previous investments have supported Orri in broadening its footprint, enabling the business to offer its vital, genuinely life-changing and lifesaving services to more people at its sites in London. We continue to support Orri given its impressive growth and we anticipate being able to open additional sites across the country.”

Liam Black, portfolio director at IV UK, said:

“We invested in Orri in 2018 and have been delighted with the progress so far in terms of both growth and the impact we have had in the lives of more than 900 clients navigating recovery from an eating disorder. Gresham House Ventures has been an excellent partner, and their continued support with follow-on investment and strategic advice has been key to Orri’s development.”

Kerrie Jones, chief executive at Orri, said:

“The previous funding we have received from Gresham House Ventures, alongside the team’s strategic guidance, has played an important role in supporting our continued growth. We are pleased to announce this latest investment today which will enable us to provide our specialist support to more clients at a time where access to meaningful and impactful eating disorder treatment is a significant challenge.

Read more about Orri >

Discover our portfolio >