HealthifyMe - Company Profile - Tracxn (2024)

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HealthifyMe - Company Profile - Tracxn (1)

soonicorn

Provider of expert-led personalized coaching for fitness and nutrition management

2012Singapore (Singapore)Series C

Last updated:

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HealthifyMe Key Metrics

Total Funding

$130M

in 10 rounds

Latest Funding Round

$30M

Series C, Jun 07, 2023

Investors

Khosla Ventures

& 43 more

Ranked

3rd

among 957 competitors

Annual Revenue

$22.1M

as on Mar 31, 2023

Similar Companies

Noom

& 955 more

HealthifyMe - About the company

What does HealthifyMe do?

Wearable system for health tracking. The platform offers meal plans personalized by expert nutritionists and customized workout plans for individuals. Also, users can track calorie intake, weight goals, workouts, water consumed, sleep, meals, and steps. It offers pedometers and continuous glucose meters. Its app is available on Android and iOS stores.

Which sectors and market segments does HealthifyMe operate in?

  • HealthifyMe serves in the B2B space in the HealthTech market segments.
  • The primary business model of HealthifyMe are:HealthTech > Employee Health IT > ***** **** > ***** ******

Company Details

Which legal entities is HealthifyMe associated with?

HealthifyMe

is associated with

3

legal entit

ies

given below:

Legal Entity Name

Date of incorporation

Revenue

Net Profit

Employee Count

HEALTHIFYME PRIVATE LIMITED

Dec 31, 2011

$22.1M (as on Mar 31, 2023)

-$38.7M (as on Mar 31, 2023)

563

HEALTHIFYME WELLNESS PRIVATE LIMITED

Jun 21, 2015

$25M (as on Mar 31, 2022)

-$21.1M (as on Mar 31, 2022)

181

CAERUZ VENTURES PRIVATE LIMITED

Feb 20, 2012

-

-

998

HealthifyMe - Company Profile - Tracxn (4)

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HealthifyMe's funding and investors

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How much funding has HealthifyMe raised till date?

HealthifyMe has raised a total funding of $130M over 10 rounds. Its first funding round was on Jun 01, 2012.

What are the most recent funding rounds of HealthifyMe?

Its latest funding round was a Series C round on Jun 07, 2023 for $30M. 8 investors participated in its latest round, lead by LeapFrog Investments, Khosla Ventures, Finnfund, Van Lanschot Kempen.

List of recent funding rounds of HealthifyMe

Date of funding

Funding Amount

Round Name

Post money valuation

Revenue multiple

Investors

Jun 07, 2023

$30M

Series C

6638827

9632348

LeapFrog Investments, Khosla Ventures, and

6 more

Jun 07, 2023

Undisclosed

Venture Debt

5454081

2555071

Unilever Ventures, Chiratae Ventures, and

2 more

Jul 20, 2021

$75M

Series C

1654126

9407083

Khosla Ventures, LeapFrog Investments, and

6 more

HealthifyMe - Company Profile - Tracxn (6)Access funding benchmarks and valuations.

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Who are HealthifyMe's investors?

HealthifyMe has 26 institutional investors including Khosla Ventures, LeapFrog Investments and Sistema Asia Capital. Neelesh Bhatnagar and 17 others are Angel Investors in HealthifyMe.

View details of

HealthifyMe funding rounds and investors

HealthifyMe's founders and board of directors

Founder? Claim Profile

Who are the founders of HealthifyMe?

The founders of

HealthifyMe

are

Tushar Vashisht, Mathew Cherian and Sachin Shenoy.

Who is the current CEO of HealthifyMe?

Tushar Vashisht

is

the CEO of

HealthifyMe

.

Who is on the board of HealthifyMe?

HealthifyMe

's board has

8

active member

s

.

Tushar Vashisht and Andrey Terebenin

are

part of team

and Balaji Parthasarathy and Biju Mohandas

are

independent board member

s

.

View details of

HealthifyMe's Founder profiles and Board Members

HealthifyMe's Competitors and alternates

Competitive landscape of HealthifyMe

HealthifyMe

ranks 3rd

among

957 competitors

which include

Noom, Curefit and Aaptiv.

79 of its competitors are funded while 26 have exited.

Overall,

HealthifyMe

and its competitors have raised over

$2.64B

in funding across

259

funding rounds involving

645

investors.

There are 3 private unicorns, 1 public and 25 acquired companies in the entire competition set.

Below is a comparison of top competitors of HealthifyMe

HealthifyMe - Company Profile - Tracxn (7)

HealthifyMe

Noom

Curefit

Aaptiv

Description

Provider of expert-led personalized coaching for fitness and nutrition management

Provider of a digital platform for weight loss management and behavior change

Provider of digital and offline fitness services

Mobile application offering audio-based fitness training content

Founded Year

2012

2008

2016

2016

Location

Singapore

(Singapore)

New York City

(United States)

Bengaluru

(India)

New York City

(United States)

Company Stage

Series C

Series F

Series F

Acquired

Unicorn Rating

Soonicorn

Unicorn

Unicorn

-

Total Funding

$130M

$624M

$683M

$60M

Funding Rounds

10

12

14

5

Latest Round

Series C, $30M, Jun 07, 2023

Series F, $540M, May 25, 2021

Series F, $22.3M, May 06, 2024

Series C, Undisclosed, Apr 14, 2020

Investor Count

44

37

90

15

Top Investors

Khosla Ventures, Innoven Capital&

42others

Kleiner Perkins, Silver Lake&

35others

Oaktree Capital Management, Temasek&

88others

Millennium Technology Value Partners, Insight Partners&

13others

Tracxn ScoreWhat is this?

76/100

78/100

76/100

72/100

Overall Rank

3rd

1st

2nd

4th

HealthifyMe - Company Profile - Tracxn (11)Get insights and benchmarks for competitors of 2M+ companies!

Sign up today!

Looking for more details on

HealthifyMe

's competitors? Click

here to see the top ones

HealthifyMe's Investments and acquisitions

HealthifyMe

has made no investments or acquisitions yet.

Reports related to HealthifyMe

Here is the latest report on HealthifyMe's sector:

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all reports related to HealthifyMe

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News related to HealthifyMe

Filter this list

Media has covered

HealthifyMe

for a total of 11 events in the last 1 year

,

3

of them have been

about

company updates and 3

about

partnerships.

Healthify announces another round of lay-off, 27% workforce impactedPeople MattersApr 29, 2024HealthifyMe

CMS(00867) Joins Hands with Pharmaron to Promote the Singapore Manufacturing Plant Acquisition and CDMO Business in SEAACN NewswireJan 02, 2024China Medical System, Rxilient, Pharmaron,

HealthifyMe

Healthtech Startup Zivov In Advanced Discussions To Raise $5 Mn FundingInc42Oct 10, 2023Zivov, Titan Capital, Reddy,

HealthifyMe

and 1 other

HealthifyMe - Company Profile - Tracxn (14)Get curated news about company updates, funding rounds, M&A deals and others.

Sign up today!

ViewmoreHealthifyMe Recent News

Frequently asked questions about HealthifyMe

When was HealthifyMe founded?

HealthifyMe was founded in 2012

Where is HealthifyMe located?

HealthifyMe

is located in

Singapore,

Singapore.

Is HealthifyMe a funded company?

HealthifyMe is a funded company, its first funding round was on Jun 01, 2012.

When was the latest funding round of HealthifyMe?

HealthifyMe's latest funding round was on Jun 07, 2023

What is the annual revenue of HealthifyMe?

Annual revenue of HealthifyMe is $22.1M as on Mar 31, 2023

View complete company profile of HealthifyMe

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HealthifyMe - Company Profile - Tracxn (2024)

FAQs

What happened to HealthifyMe? ›

Last year in June, HealthifyMe had raised $30 million in a pre Series D funding round led by LeapFrog Investments, Khosla Ventures, FinnFund and Van Lanschot Kempen. In the fiscal year 2023, the company had reported a loss of ₹142 crore, a 10 per cent drop from ₹157 crore it had incurred in the fiscal year 2022.

How much funding did HealthifyMe get? ›

HealthifyMe has raised a total funding of $130M over 10 rounds.

What is the annual turnover of HealthifyMe? ›

Meanwhile, HealthifyMe's total revenue from operations went from INR 185.25 Cr in the year ended March 31, 2022, to INR 228.76 Cr during the period under review, witnessing a jump of 23.49% year-on-year (YoY). That was the highest-ever revenue posted by the healthtech startup.

Which is better than HealthifyMe? ›

Top 3 Competitors & Alternatives to healthifyme.com

The closest competitor to healthifyme.com are nutritionix.com, eatingwell.com and fitelo.co. To understand more about healthifyme.com and its competitors, sign up for a free account to explore Semrush's Traffic Analytics and Market Explorer tools.

Who bought Healthify? ›

WellSky acquired Healthify in 2021 as part of its commitment to facilitate better care coordination between payers, providers, health systems, and community organizations.

What is the full company name of HealthifyMe? ›

Healthifyme Wellness Products and Services Private Limited develops mobile health and fitness software. The Company offers platform that provides health, fitness, nutrition, and recreational services. Healthifyme Wellness Products and Services serves clients in India.

Is HealthifyMe a startup? ›

This was how HealthifyMe started, the startup was then established in late 2011, and soon after, Former Google employee Sachin Shenoy later joined him as a Co-founder.

Who developed HealthifyMe? ›

Tushar Vashisht is an Indian entrepreneur. He is the co-founder and CEO of consumer health app HealthifyMe.

What is the market valuation of HealthifyMe? ›

HealthifyMe has raised $130.25M over 13 rounds. HealthifyMe's latest funding round was a Series C - II for $25M on June 7, 2023. HealthifyMe's valuation in July 2021 was $100M.

What is the revenue of Health Fitness Corporation? ›

Competitive Landscape In a market with competitors like Premise Health and Teladoc Health, HealthFitness's revenue of over $1 billion positions it as a significant player. Emphasizing this financial strength and market positioning can attract clients looking for established and reliable wellness partners.

Has anyone lost weight with HealthifyMe? ›

Weight Loss Story – How Vertika Lost 12 kgs in 3 Months with HealthifyMe. Name: Vertika Singh Gender: Female Profession: Graduating student Before HealthifyMe I was very slim and super active during my school days, and later I was also diagnosed with Hypothyroidism, which led to weight gain.

What happened to Nutrisystem? ›

In December 2018, Tivity Health announced that it would acquire the Nutrisystem brand. On October 19, 2020, Kainos Capital acquired the brand from Tivity Health. In 2021, Stephen Mikulak was named President of Nutrisystem.

Can I get a refund from HealthifyMe? ›

Thus HealthifyMe makes no warranty for, and shall not be responsible in any manner whatsoever for the quality, quantity or authenticity of the Products. There shall be no refunds or cancellations initiated or entertained, once an order is placed and processed on the Marketplace, save as set out herein.

How many people use HealthifyMe? ›

In a B2B2C model, HealthifyMe distributes its services through businesses and healthcare organizations. HealthifyMe's revenue peaked at $100 Crore and the app's active users are reported to have doubled to 16 million. As of July 22, 2021, the app has approximately 25 million users.

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