Ultrahuman, a Bangalore, India-based health monitoring company, based $35M in Series B funding.
Backers included Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave and Zomato founder Deepinder Goya.
The company intends to use the funds to build further manufacturing capacity and research in the health tracking space.
Started by Mohit Kumar and Vatsal Singhal, Ultrahuman provies the Ring AIR, a sleep-tracking wearable, M1, a continuous glucose monitoring platform, Blood Vision, a preventive blood testing platform with the UltraTrace™ technology and Ultrahuman Home, a health device for home. By collating a large set of biomarkers on an integrated platform, the company is able to create a grand unified view of the human body. The platform integrates glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring.
Looking ahead, Ultrahuman is on track to surpass $100 million in annualized revenue run rate (ARR) by the end of 2024, a milestone that will be achieved profitably.
FinSMEs
21/03/2024