You can be on Entrepreneur’s cover!

Wearable Tech Startup Ultrahuman Raises USD 35 Mn in Series B from Blume Ventures, Steadview Capital and Others The Bengaluru-based health monitoring device maker will allocate the funds to enhance manufacturing capacity and deeper research in the health tracking space.

By Entrepreneur Staff

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

Mohit Kumar, Co-founder of Ultrahuman/LinkedIn

Wearable healthtech startup Ultrahuman has announced the raising of USD 35 million (equity and debt) in Series B round from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation and Zomato founder Deepinder Goyal.

As per the official release, the startup will deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space.

Mohit Kumar, Co-founder of Ultrahuman, said, "The future of health is integrated, and at Ultrahuman, we're making that future a reality today by seamlessly combining various health data streams to empower preventative health and wellness. Our vision of being the top player in terms of both active devices and geographic presence is within reach."

Founded in 2021 by Kumar and Vatsal Singhal, Ultrahuman manufactures a range of health tracking and monitoring products, such as fitness rings. Ring Air, M1 Live, Ultrahuman Home, and Blood Vision are among its product offerings.

The platform claims to integrate glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring.

With its global expansion, Ultrahuman now has over 150 retail locations, including the Virgin Megastore in Dubai, Changi Airport in Singapore, and Selfridges in London.

"Shipping a new firmware version every two weeks and weekly app improvements reflect our commitment to excellence and our speed of execution, our biggest competitive advantage. We've also iterated in hardware at the speed of software by designing novel devices like Ultrahuman Home, a home health monitor," Mohit added.

The startup claims that it has completed a clinical trial with 105 participants to validate the 'Metabolic Score' generated on its platform.

With UltraFactory, its new manufacturing facility, it hopes to generate USD 200 million in revenue annually. By the end of 2024, it expects to have an annualised revenue run rate (ARR) of over USD 100 million.

Entrepreneur Staff

Entrepreneur Staff


Business News

I Designed My Dream Home For Free With an AI Architect — Here's How It Works

The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house.


The Best Communicators Follow These 3 Rules When Talking to Those in Authority

Here's to turn a communication mishap into a powerful communication framework.When you are clear about the kind of communication you need, it's easier for people to say the right things and take the right actions.

Business Solutions

Get an Extra 20% Off the Price of Microsoft Office for Mac or Windows Through April 16

Boost your productivity with special pricing on these proven products.

Growing a Business

Bantam Bagels' Founder Fell Into a Mindset Trap 'People Don't Talk About' After Selling the Now-Defunct Business for $34 Million — Here's What Happened

Elyse Oleksak and her husband Nick founded their mini bagel business in 2013 — and it was an instant hit.

Business News

Adobe's Firefly Image Generator Was Reportedly Partially Trained on AI Images From Midjourney, Other Rivals

Adobe gave bonus payments to people who contributed to the Adobe Stock database to train its AI, even those who submitted AI-generated images.

Business Solutions

Skip the Business Equipment, Get Faxing and Scanning for Life for Just $60

Why spend money on equipment that will take up unnecessary space, when the same things can be done with your mobile devices?