Get All Access for $5/mo

HealthifyMe Raises $30 Million In Pre-Series D Funding The fund raised will be channeled towards advancing the company's AI capabilities, acquiring top-tier talent, and propelling global expansion

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

AI health and fitness app, HealthifyMe, has raised $30 million in a pre-Series D funding round led by LeapFrog Investments and Khosla Ventures along with FinnFund - a Finnish development financier and Van Lanschot Kempen - a Dutch investment firm. Existing investors Unilever Ventures, Chiratae Ventures, Blume Ventures and HealthQuad also participated in the round which also included some Venture Debt. The fund raised will be channelled towards advancing the company's AI capabilities, acquiring top-tier talent, and propelling global expansion.

"We've already demonstrated how blending human coaching and AI, enriched with users' health data, can transform millions of lives. Now, with generative AI, we're supercharging our mission to 'healthify' a billion people. This funding represents a vote of confidence in a future where everyone can access superior health and fitness outcomes, globally and affordably. We're spearheading this revolution, and we're thankful for the unwavering support from our investors," said Tushar Vashisht, co-founder and CEO, HealthifyMe.

In an official statement, the company said that it is set to augment the capabilities of 'Ria', its AI-powered virtual nutritionist, by infusing it with generative AI. It is also retrofitting its coach facing system with Generative AI to create a strong nutritionist and trainer 'Copilot'. This will enable context-rich, personalized nutrition advice, propelling the productivity of their nutritionists and trainers several fold and enhancing the quality of client interactions.

In addition, it is also said that leveraging Large Language Models (LLMs), vision technology and data from millions of HealthifyMe's new offerings will help improve diet and fitness habits in a more intuitive, precise, and personalized fashion than ever significantly accelerating improvement in metabolic health and fat loss across language and cultural boundaries. HealthifyMe's last funding round was in 2021, and with this round, the company has raised $130 million till date, the statement further added.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.