Existing investors Unilever Ventures, Chiratae Ventures, Blume Ventures and HealthQuad also participated in the round which also included some venture debt
Bengaluru-based HealthifyMe, an AI health and fitness app, has raised $30 million in a Pre Series D funding round led by investors like LeapFrog Investments and Khosla Ventures along with Finland's FinnFund and Dutch investment firm Van Lanschot Kempen.
Existing investors Unilever Ventures, Chiratae Ventures, Blume Ventures and HealthQuad also participated in the round, which also included the infusion of venture debt.
The company will fund to channel its capabilities and strengthen its team by hiring skilled staff as it eyes global expansion.
HealthifyMe is set to augment the capabilities of “Ria”, its AI-powered virtual nutritionist, by integrating it with generative AI. It is also retrofitting its coach-facing system with Generative AI to create a strong nutritionist and trainer “copilot”.
The healthtech start-up claims to have a user base of over 35 million and aims to achieve an annual recurring revenue of $50 million in the coming months.
Tushar Vashisht, co-founder and CEO, HealthifyMe, said, “We have 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.”
The start-up extended its operations in multiple countries like Vietnam, the Philippines, Indonesia and the US by setting up subsidiaries
Post this fundraising round, Alex Salazar, the partner of Neotribe will join RevSure’s board of directors
The fund will invest in scalable innovation primarily across climate and sustainability, food and agriculture, healthcare, and additionally in education and fintech sectors