Ultrahuman

Ultrahuman was founded by Mohit Kumar and Vatsal Singhal in 2019.{{Cite web |date=2022-10-28 |title=Ultrahuman's Mohit Kumar bets big on wearables |url=https://lifestyle.livemint.com//news/big-story/mohit-kumar-bets-big-on-wearables-111666919856333.html |access-date=2023-02-13 |website=Mintlounge |language=en}}

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{{Cite press release |last=Ultrahuman |title=Ultrahuman Launches At CES |url=https://www.prnewswire.com/news-releases/ultrahuman-launches-at-ces-301202305.html |access-date=2022-12-29 |website=www.prnewswire.com |language=en}} in Los Angeles and Won the 'Best of CES award'. In June 2021, it launched a continuous glucose monitor called Ultrahuman M1 (formerly known as Ultrahuman Cyborg).{{Cite web |date=2022-09-27 |title=Ultrahuman makes the platform more accessible by coming out of private beta |url=https://sugermint.com/ultrahuman-makes-the-platform-more-accessible-by-coming-out-of-private-beta/ |access-date=2023-02-13 |website=Suger Mint |language=en-US}}

In April 2022, Ultrahuman acquired LazyCo - a wearables IOT company.{{Cite web |title=Lazy Co. |url=https://gust.com/companies/lazyco |access-date=2023-02-13 |website=Gust}} LazyCo built hardware products like an AI-powered smart ring designed to predict and automate daily tasks.{{Cite news |date=2022-04-12 |title=Metabolic fitness platform Ultrahuman acquires LazyCo |work=The Times of India |url=https://timesofindia.indiatimes.com/business/india-business/metabolic-fitness-platform-ultrahuman-acquires-lazyco/articleshow/90797853.cms |access-date=2023-02-13 |issn=0971-8257}}{{Cite news |date=2022-04-12 |title=Healthtech startup Ultrahuman acquires wearables firm LazyCo |work=The Economic Times |url=https://economictimes.indiatimes.com/tech/startups/healthtech-startup-ultrahuman-acquires-wearables-firm-lazyco/articleshow/90797821.cms?from=mdr |access-date=2023-02-13 |issn=0013-0389}}{{Cite web |title=Metabolic fitness platform Ultrahuman acquires LazyCo |url=https://www.moneycontrol.com/news/business/startup/metabolic-fitness-platform-ultrahuman-acquires-lazyco-8350011.html |access-date=2023-02-13 |website=Moneycontrol |date=12 April 2022 |language=en}}

In June 2023, [https://www.red-dot.org/project/ultrahuman-ring-64908 Ultrahuman won the Red Dot award] at 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.

Ultrahuman conducted a multi-armed observational study{{cite journal |last1=Chaudhry |first1=Monik |last2=Kumar |first2=Mohit |last3=Singhal |first3=Vatsal |last4=Srinivasan |first4=Bhuvan |title=Metabolic health tracking using Ultrahuman M1 continuous glucose monitoring platform in non- and pre-diabetic Indians: a multi-armed observational study |journal=Scientific Reports |date=18 March 2024 |volume=14 |issue=1 |page=6490 |doi=10.1038/s41598-024-56933-2 |pmid=38499685 |pmc=10948749 |bibcode=2024NatSR..14.6490C }} 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.{{fact|date=April 2024}}

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.{{fact|date=April 2024}}

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.{{Cite web |date=2020-11-01 |title=Ultrahuman company information, funding & investors |url=https://app.dealroom.co/companies/ultrahuman |access-date=2024-06-14 |website=app.dealroom.co |language=en}}

In their Series A round,{{Cite web |last=Lomas |first=Natasha |date=2021-08-17 |title=Ultrahuman raises $17.5M, touting a wearable blood glucose tracker |url=https://techcrunch.com/2021/08/16/ultrahuman-raises-17-5m-touting-a-wearable-blood-glucose-tracker/ |access-date=2024-06-14 |website=TechCrunch |language=en-US}} Ultrahuman raised $17.5M in funding from Alpha Wave Incubation (AWI),{{Cite web |last=Prosser |first=David |title=How Ultrahuman Is Moving From Sports Science To Global Healthcare |url=https://www.forbes.com/sites/davidprosser/2021/08/17/how-ultrahuman-is-moving-from-sports-science-to-global-healthcare/ |access-date=2023-02-13 |website=Forbes |language=en}}{{Cite web |title=Alpha Wave Ventures and Alpha Wave Incubation Companies |url=https://www.alphawaveglobal.com/businesses/ventures-incubation |access-date=2023-02-13 |website=www.alphawaveglobal.com}} 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), RazorPay founders and Tanmay Bhat (celebrity content creator and investor) along with several others, have invested in Ultrahuman.{{Cite news |last=PTI |date=2021-08-17 |title=Healthtech wearable glucose tracker Ultrahuman raises $17.5 million |language=en-IN |work=The Hindu |url=https://www.thehindu.com/sci-tech/technology/healthtech-wearable-glucose-tracker-ultrahuman-raises-175-million/article35951352.ece |access-date=2023-02-13 |issn=0971-751X}}{{Cite web |last=Reporter |first=B. S. |date=2021-08-17 |title=Healthtech startup Ultrahuman raises $17.5m in Series B funding round |url=https://www.business-standard.com/article/companies/healthtech-startup-ultrahuman-raises-17-5m-in-series-b-funding-round-121081700250_1.html |access-date=2023-02-13 |website=www.business-standard.com |language=en}}{{Cite web |last=Pillai |first=Anvita |date=2021-08-16 |title=Metabolic Fitness Platform Ultrahuman Raises $17.5 Mn In Series B Funding |url=https://inc42.com/buzz/app-based-fitness-platform-ultrahuman-raises-17-5-mn-in-series-b/ |access-date=2023-02-13 |website=Inc42 Media |language=en}}

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.{{Cite web |last=Lomas |first=Natasha |date=2024-03-20 |title=Smart ring maker Ultrahuman has its eye on Oura's crown |url=https://techcrunch.com/2024/03/20/ultrahuman-series-b/ |access-date=2024-03-22 |website=TechCrunch |language=en-US}}

{{reflist}}

• [https://www.ultrahuman.com/ Official site]

Category:Indian companies established in 2019