Human Edge, a longevity science company on Wednesday said it has raised over $1.5 million in new equity financing.
The investment was led by Bharat Innovation Fund, along with Lead Angels and Force Ventures and a number of strategic angel investors from Singapore, USA, and India.
The investment will allow Human Edge to streamline their platform through its first enterprise-wide mobile app experience targeted directly at the white collar employees. Further, the company will scale up their sales in the international market by targeting global corporations. Ashika Capital was an advisor to Human Edge in this process.
Founded by Dr. Marcus Ranney in late 2020, Human Edge approaches longevity by enhancing healthspan using science, deep data and technology based lifestyle interventions.
The company has been revenue positive in year one and is now on-track to achieve a 4-5 times growth in revenues this financial year.
Human Edge is building a proprietary platform to engage users to make lifestyle based modifications that focus on optimizing a person’s energy levels towards meeting a specific health outcome.
These platform offers personalized service based on a user sharing data with the Human Edge platform which is a combination of assessments, blood panels and real time digital streams from consumer tech wearables like the Oura ring, Abbott’s Continuous Glucose Monitor, Apple Watch, Fitbit band and many more. This data is cumulated to generate a composite healthspan score, called the ‘Human Edge Index’.
“Human Edge’s technology enables us to interpret that data effectively and provides each of us with a clear call to action on that data, to improve our metabolic health and overall well-being,” said Ashwin Raguraman, co-founder and partner at Bharat Innovation Fund.
“We, at Human Edge, chose to focus on energy as each of us would like to optimize our energy levels each day to achieve the goals we set out for ourselves”, says Dr. Marcus Ranney, founder & CEO, Human Edge.
“From a biological perspective, energy production and consumption are critical towards our cellular health. The understanding of the status of the powerhouse of our cells, our Mitochondria, is increasingly growing and being linked to the development of chronic diseases ranging from metabolic syndrome to cardiovascular diseases. As we optimize energy, we enhance mitochondrial activity and can help a person stay healthy as long as possible,” he added.
The global biohacking market currently stands at over $15 billion—and is expected to grow at a CAGR of 19%. Moreover, the rapidly growing wearables market–which was worth well over $100 billion in 2021 also creates an ecosystem that allows Human Edge to provide deep insights to individuals, based on their own real-time health data coming from such wearables, to personalize their health journeys.
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