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Ultrahuman

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Ultrahuman
Founder
Products
Number of employees
85 (2022)

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

The company has two products. Ultrahuman M1 (continuous glucose monitor) that tracks glucose levels in real time. Ultrahuman ring, a wearable 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]

The company was founded by Mohit Kumar & Vatsal Singhal in 2019.[5]

As of 2022, Ultrahuman was valued at $55 million[6].

History

2021

In January 2021, Ultrahuman launched its app at CES[7] in Los Angeles. The app contained a series of home workouts, meditations, soundscapes, music and bedtime stories.[8]

In June 2021, it launched a continuous glucose monitor called Ultrahuman M1 (formerly known as Ultrahuman Cyborg). The product was launched with an invite-based waitlist where a selected cohort got access to the platform.[9]

2022

In April 2022, Ultrahuman acquired LazyCo - a consumer-focused wearables company[10]. LazyCo built hardware products like an AI-powered smart ring designed to predict and automate daily tasks. [11][12][13]

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. [14][15]

In July 2022, Ultrahuman launched the smart ring to track sleep, movement and recovery. [4][16][17]

Funding

Ultrahuman raised $7.5M in its seed round[18] from Nexus Venture Partners[19] & Blume Ventures[20][21]

In their Series A round, Ultrahuman raised $17.5M in funding from Alpha Wave Incubation [22](AWI), which is backed by DisruptAD and managed by Falcon Edge[23][23], 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.[24][25][26]

The company has raised over $25 million to date.[24]

Locations & Operations

The start-up has its headquarters in Bengaluru, India[5], and its second office in Abu Dhabi.[5]

It has around 85 employees as of 2022.[5]

Accolades

  • 2021: 'Best of Fitness Tech at CES 2021' by Business Insider.[27]
  • 2022:  Ranked 19th in the 2022 LinkedIn top startups list[28]

References

  1. ^ "Ultrahuman. Real-time nutrition and fitness tracking". www.ultrahuman.com. 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. ^ a b Lomas, Natasha (2022-07-05). "Ultrahuman busts out a smart ring to decode metabolic health". TechCrunch. Retrieved 2023-02-13.
  5. ^ a b c d "Ultrahuman's Mohit Kumar bets big on wearables". Mintlounge. 2022-10-28. Retrieved 2023-02-13.
  6. ^ Porecha, Maitri (2022-07-13). "Ultrahuman's bitter glucose-tracking rivalry with sugar.fit, HealthifyMe". The Ken. Retrieved 2023-02-13.
  7. ^ Ultrahuman. "Ultrahuman Launches At CES". www.prnewswire.com. Retrieved 2022-12-29.
  8. ^ Studio, HT Brand (2021-07-30). "Ultrahuman partners with Visa to make good health accessible to its cardholders". mint. Retrieved 2023-02-13.
  9. ^ "Ultrahuman makes the platform more accessible by coming out of private beta". Suger Mint. 2022-09-27. Retrieved 2023-02-13.
  10. ^ "Lazy Co". Gust. Retrieved 2023-02-13.
  11. ^ "Metabolic fitness platform Ultrahuman acquires LazyCo". The Times of India. 2022-04-12. ISSN 0971-8257. Retrieved 2023-02-13.
  12. ^ "Healthtech startup Ultrahuman acquires wearables firm LazyCo". The Economic Times. 2022-04-12. ISSN 0013-0389. Retrieved 2023-02-13.
  13. ^ "Metabolic fitness platform Ultrahuman acquires LazyCo". Moneycontrol. Retrieved 2023-02-13.
  14. ^ "This glucose sensor attached to your arm can track your metabolic health". WIRED Middle East. 2022-09-13. Retrieved 2023-02-13.
  15. ^ "Super sports enthusiast Anwar Shaikh brings Ultrahuman to UAE". The Gulf Time Newspaper. 2022-09-19. Retrieved 2023-02-13.
  16. ^ Song, Victoria (2022-07-06). "This smart ring aims to "hack" your metabolism". The Verge. Retrieved 2023-02-13.
  17. ^ "Ultrahuman Ring puts a metabolism tracker on your finger". Wareable. Retrieved 2023-02-13.
  18. ^ "Ultrahuman Company Profile: Valuation & Investors | PitchBook". pitchbook.com. Retrieved 2023-02-13.
  19. ^ "Portfolio – Nexus Venture Partners". Retrieved 2023-02-13.
  20. ^ "Ultrahuman". Blume. Retrieved 2023-02-13.
  21. ^ "Fitness App Ultrahuman Launches With $8M in Funding | Built In LA". www.builtinla.com. Retrieved 2023-02-13.
  22. ^ "Alpha Wave Ventures and Alpha Wave Incubation Companies". www.alphawaveglobal.com. Retrieved 2023-02-13.
  23. ^ a b Prosser, David. "How Ultrahuman Is Moving From Sports Science To Global Healthcare". Forbes. Retrieved 2023-02-13.
  24. ^ a b PTI (2021-08-17). "Healthtech wearable glucose tracker Ultrahuman raises $17.5 million". The Hindu. ISSN 0971-751X. Retrieved 2023-02-13.
  25. ^ 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.
  26. ^ Pillai, Anvita (2021-08-16). "Metabolic Fitness Platform Ultrahuman Raises $17.5 Mn In Series B Funding". Inc42 Media. Retrieved 2023-02-13.
  27. ^ Osborne, Joe. "CES 2021: The 15 best new products revealed at the year's biggest tech conference". Business Insider. Retrieved 2023-02-13.
  28. ^ "LinkedIn Top Startups 2022: The 25 Indian companies on the rise". www.linkedin.com. Retrieved 2023-02-13.