Ultrahuman is a Bengaluru based longevity and health-monitoring platform that designs, manufactures and sells the Ultrahuman Ring Air health tracker, Ultrahuman M1 Continuous glucose monitor, pre-release Ultrahuman Home health monitor and related blood testing services like Blood vision.
Ultrahuman was incorporated in 2019 by second time entrepreneurs Mohit Kumar and Vatsal Singhal. Mohit and Vatsal also co-founded RoadRunnr in the year 2015. RoadRunnr later merged with Zomato and eventually became Zomato Food delivery. Zomato went public at $15bn in market value in 2021.
History
Ultrahuman was founded by Mohit Kumar and Vatsal Singhal in 2019.
Mohit Kumar, post his stint at Zomato, took a break to study martial arts at Tiger Muay Thai in Thailand. He initially observed athletes using biomarker data across streams such as glucose, HRV, blood markers etc and started designing a platform that the athletes could use to see all the data in one place.
In January 2021, Ultrahuman launched its app at
CES in
Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
and Won the 'Best of CES award'. In June 2021, it launched a
continuous glucose monitor
A continuous glucose monitor (CGM) is a device for monitoring blood glucose continuously instead of monitoring periodically by drawing a drop of blood from a finger. This is known as continuous glucose monitoring. CGMs are used by people who trea ...
called Ultrahuman M1 (formerly known as Ultrahuman Cyborg).
In April 2022, Ultrahuman acquired LazyCo - a wearables IOT company. LazyCo built hardware products like an AI-powered smart ring designed to predict and automate daily tasks.
In June 2023
Ultrahuman won the Red Dot awardat Berlin for its flagship Ultrahuman Ring Air. Ultrahuman has also raised 3 rounds of investments in the year 2020, 2022 and 2024 totalling up to $65 million. Ultrahuman claims to be EBITDA profitable and has declared its IPO plans for 2026.
Research and patents
Ultrahuman conducted a multi-armed observational study
which included 105 non-diabetic and pre-diabetic individuals. It aimed to show metabolic health as a continuous spectrum between non-diabetic and diabetic individuals. The clinical trial showed a correlation between its health score 'Metabolic score' and inflammation in the body. The trial also included blood markers and gut-microbiome index markers.
The research got published in '' Nature Scientific Reports '',
and generated controversy due to the inclusion of non-diabetic individuals in the trial.
Ultrahuman claims to have a global patent on the ring design and the charger along with 150 odd trademarks. Notably, it is fighting a patent litigation with the Finnish wearables company Oura ring.
Funding
Ultrahuman has raised $65 million across three rounds of investments.
Ultrahuman raised $7.5 mn in Seed round from Nexus Venture partners and Blume ventures.
In their Series A round, Ultrahuman raised $17.5M in funding from Alpha Wave Incubation (AWI),
Steadview Capital, Nexus Venture Partners, Blume Ventures and iSeed fund.
Balaji Srinivasan
Balaji S. Srinivasan (born May 24, 1980) is an American entrepreneur and investor. He was the co-founder of Counsyl, the former chief technology officer (CTO) of Coinbase, and former general partner at the venture capital firm Andreessen ...
(ex-
Coinbase
Coinbase Global, Inc. is an American cryptocurrency exchange. It was founded in 2012 by Brian Armstrong and Fred Ehrsam. Coinbase has over 100 million users, and is the largest U.S. based cryptocurrency exchange as well as the world's bigge ...
),
Nithin Kamath
Nithin Kumar Reddy (born 30 March 1983), known professionally as Nithiin, is an Indian film actor, distributor and producer who primarily works in Telugu films. Nithiin is a recipient of several accolades including a Filmfare Award and three So ...
(founder of Zerodha via Rainmatter), Kunal Shah (founder of
CRED), Preethi Kasireddy (ex-
a16z), Akshay BD (founding team
Uber
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, a ...
India), RazorPay founders and
Tanmay Bhat (celebrity content creator and investor) along with several others, have invested in Ultrahuman.
UltraFactory
Ultrahuman launched its first design and manufacturing facility in Bengaluru, India called 'UltraFactory' in the year 2022. The factory claimed to have the capacity to manufacture 10,000 devices monthly. Ultrahuman announced in 2024 that it has extended the UltraFactory to grow by 7x in capacity.
References
{{reflist
External links
Official site
Indian companies established in 2019