Ultrahuman

Ultrahuman is a health-tech company that is headquartered in Bangalore, India.[1]

Ultrahuman
Founder
  • Mohit Kumar
  • Vatsal Singhal
HeadquartersBengaluru, India
Products
  • Ultrahuman Ring
  • Ultrahuman M1
Number of employees
85 (2022)

The companys products are in the personal health and smart wearables space.

Ultrahuman's glucose monitoring product, 'Ultrahuman M1', utilizes the Abbott's Freestyle Libre CGM Sensor, to provide personal data tracking of glucose levels in real-time with a companion mobile application.

'Ultrahuman Air' is a separate wearable smart ring product capturing passive biometric health information through built in sensors that tracks sleep, movement, and recovery.[2][3] The combined data is accessed on an app that's available on the Play Store and App Store.[4]

History

Ultrahuman was founded by Mohit Kumar and Vatsal Singhal in 2019.[5]

In January 2021, Ultrahuman launched its app at CES[6] in Los Angeles. The app contained a series of home workouts, meditations, soundscapes, music and bedtime stories. In June 2021, it launched a continuous glucose monitor called Ultrahuman M1 (formerly known as Ultrahuman Cyborg).[7]

In April 2022, Ultrahuman acquired LazyCo - a consumer-focused wearables company.[8] LazyCo built hardware products like an AI-powered smart ring designed to predict and automate daily tasks.[9][10][11]

In June 2022, the health-tech app extended its operations to the United Arab Emirates with Anwar Shaikh, who was previously involved in bringing F1 to the UAE region.[12][13]

In July 2022, Ultrahuman launched the smart ring to track sleep, movement, and recovery.[4][14][15]

Funding

Ultrahuman raised $7.5M in its seed round[16] from Nexus Venture Partners[17] and Blume Ventures[18][19]

In their Series A round, Ultrahuman raised $17.5M in funding from Alpha Wave Incubation [20](AWI), which is backed by DisruptAD and managed by Falcon Edge,[21] Steadview Capital, Nexus Venture Partners, Blume Ventures and iSeed fund.

Balaji Srinivasan (ex-Coinbase), Nithin Kamath (founder of Zerodha via Rainmatter), Kunal Shah (founder of CRED), Preethi Kasireddy (ex-a16z), Akshay BD (founding team Uber India) and Tanmay Bhat (celebrity content creator and investor) along with several others, have invested in Ultrahuman.[22][23][24]

The company has raised over $25 million to date.[22]

References
  1. Porecha, Maitri (2022-07-13). "Ultrahuman's bitter glucose-tracking rivalry with sugar.fit, HealthifyMe". The Ken. Retrieved 2023-02-13.
  2. "Ultrahuman Ring looks like a usual ring but tracks your metabolic health in real-time". India Today. Retrieved 2023-02-13.
  3. "A fitness 'Ring' to CGM sensors: How Ultrahuman wants to change user approach to health". The Indian Express. 2022-10-20. Retrieved 2023-02-13.
  4. Lomas, Natasha (2022-07-05). "Ultrahuman busts out a smart ring to decode metabolic health". TechCrunch. Retrieved 2023-02-13.
  5. "Ultrahuman's Mohit Kumar bets big on wearables". Mintlounge. 2022-10-28. Retrieved 2023-02-13.
  6. Ultrahuman. "Ultrahuman Launches At CES". www.prnewswire.com. Retrieved 2022-12-29.
  7. "Ultrahuman makes the platform more accessible by coming out of private beta". Suger Mint. 2022-09-27. Retrieved 2023-02-13.
  8. "Lazy Co". Gust. Retrieved 2023-02-13.
  9. "Metabolic fitness platform Ultrahuman acquires LazyCo". The Times of India. 2022-04-12. ISSN 0971-8257. Retrieved 2023-02-13.
  10. "Healthtech startup Ultrahuman acquires wearables firm LazyCo". The Economic Times. 2022-04-12. ISSN 0013-0389. Retrieved 2023-02-13.
  11. "Metabolic fitness platform Ultrahuman acquires LazyCo". Moneycontrol. Retrieved 2023-02-13.
  12. "This glucose sensor attached to your arm can track your metabolic health". WIRED Middle East. 2022-09-13. Retrieved 2023-02-13.
  13. "Super sports enthusiast Anwar Shaikh brings Ultrahuman to UAE". The Gulf Time Newspaper. 2022-09-19. Retrieved 2023-02-13.
  14. Song, Victoria (2022-07-06). "This smart ring aims to "hack" your metabolism". The Verge. Retrieved 2023-02-13.
  15. "Ultrahuman Ring puts a metabolism tracker on your finger". Wareable. Retrieved 2023-02-13.
  16. "Ultrahuman Company Profile: Valuation & Investors | PitchBook". pitchbook.com. Retrieved 2023-02-13.
  17. "Portfolio – Nexus Venture Partners". Retrieved 2023-02-13.
  18. "Ultrahuman". Blume. Retrieved 2023-02-13.
  19. "Fitness App Ultrahuman Launches With $8M in Funding | Built In LA". www.builtinla.com. Retrieved 2023-02-13.
  20. "Alpha Wave Ventures and Alpha Wave Incubation Companies". www.alphawaveglobal.com. Retrieved 2023-02-13.
  21. Prosser, David. "How Ultrahuman Is Moving From Sports Science To Global Healthcare". Forbes. Retrieved 2023-02-13.
  22. PTI (2021-08-17). "Healthtech wearable glucose tracker Ultrahuman raises $17.5 million". The Hindu. ISSN 0971-751X. Retrieved 2023-02-13.
  23. Reporter, B. S. (2021-08-17). "Healthtech startup Ultrahuman raises $17.5m in Series B funding round". www.business-standard.com. Retrieved 2023-02-13.
  24. Pillai, Anvita (2021-08-16). "Metabolic Fitness Platform Ultrahuman Raises $17.5 Mn In Series B Funding". Inc42 Media. Retrieved 2023-02-13.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.