HealthifyMe raised $75 mn

HealthifyMe, a leading AI health and fitness app, has raised $75 million in a Series C round led by LeapFrog and Khosla Ventures.
Dollar spending on technologyHealthQuad, Unilever Ventures, and Elm (Saudi Arabia PIF entity) also participated in the round, along with existing investors Chiratae Ventures, Inventus Capital and Sistema Asia Capital.

HealthifyMe has raised over $100 million to date.

It will use the funds to expand in India and Southeast Asia, make inroads into North America as well as to acquire relevant companies in the digital health and fitness space.

HealthifyMe will also be investing behind its AI powered HealthifySmart Plans and intends to double its current engineering and design strength. It will be hiring senior leadership members across operations, marketing, HR and technology.

HealthifyMe said it crossed 25 million downloads recently and is on track to hit $50 million ARR (annual recurring revenue) within the next six months, potentially becoming the largest health and fitness app outside the US and China.

HealthifyMe is planning to invest in building its leadership team and will hire for key positions across operations, HR, technology and marketing as well as P&L heads. The company aims to hire over 1,000 trainers and coaches this year.

Related News

Latest News

Latest News