HealthifyMe Funding, Investors & Competitors
HealthifyMe has raised $150M across 7 funding rounds, most recently a $20M Series D in October 2024.
Last HealthifyMe funding round
$20M
Series D · Oct 2024
Cumulative funding HealthifyMe raised
$150M
across 7 funding rounds
Key investors in HealthifyMe
Chiratae Ventures
Blume Ventures
Athera Venture Partners
Khosla Ventures
NB Ventures
Sistema Asia Capital
Samsung NEXT
Unilever Ventures
About HealthifyMe
HealthifyMe is a Bangalore-headquartered AI-powered fitness and nutrition app operating in India, Indonesia, and the Middle East. Users track meals via photo scans, workouts with trainers, and vitals from wearables for personalized plans targeting weight loss and muscle gain. The platform employs 1,000 coaches for live sessions. Launched in 2012, HealthifyMe integrates with Apple Health and Google Fit, serving 50 million downloads.
Founded
2012
HQ
BangaloreWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
HealthifyMe Funding History
HealthifyMe has raised a total of $150M across 7 funding rounds.
HealthifyMe's first fundraising round was a $6M Series A in May 2016. The most recent completed round was a $20M Series D in October 2024.
HealthifyMe funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2024 | Series D | Khosla Ventures (lead); LeapFrog Investments (lead); Claypond Capital | $20M | Healthify (formerly HealthifyMe) is an AI-powered health and fitness platform that combines artificial intelligence with human coaches to provide personalized nutrition, fitness, and wellness guidance. The company serves 40 million users across over 300 cities in India and maintains a network of more than 600 coaches. It has pioneered AI usage in the sector since 2017 and was recognized by OpenAI for multilingual and multi-modal AI nutrition coaching. Healthify has achieved operational profitability and anticipates becoming EBITDA positive by the end of FY25. In October 2024, Healthify closed a $45 million financing round, including $20 million in fresh capital led by existing investors Khosla Ventures and LeapFrog Investments, with participation from Claypond Capital, the family office of healthcare billionaire Ranjan Pai. This new tranche adds to an earlier 2023 raise, bringing total primary equity funding to approximately $125 million. The funds will support global expansion, particularly into the US market, and further development of AI-powered products. For FY24 (ending March 2024), Healthify reported revenue of around Rs 200 crore, according to CEO Tushar Vashisht. The company projects FY25 revenue to remain roughly at Rs 200 crore with heavy profitability in India, followed by moderate 30-40% growth, while driving significant expansion in the US. An IPO is not imminent but may be considered once the India business achieves profitability. |
| Jun 2023 | Series D | Khosla Ventures (lead); LeapFrog Investments (lead); Van Lanschot Kempen (lead); Unilever Ventures; Blume Ventures; HealthQuad; Finnfund; Chiratae Ventures | $30M | HealthifyMe is an Indian healthtech startup offering dietary and nutritional coaching, wellness coaching, and AI-powered solutions like the virtual nutritionist Ria, with operations in Bengaluru, Kuala Lumpur, and Singapore, and a user base exceeding 35 million across 300 cities. In June 2023, it raised $30 million in a Series D round led by Khosla Ventures, LeapFrog Investments, and Van Lanschot Kempen, with participation from investors including Blume Ventures, Chiratae Ventures, Finnfund, HealthQuad, and Unilever Ventures; funds were aimed at expanding global reach, hiring, and enhancing AI capabilities. Post-money valuation was not publicly disclosed for this round. For FY23 (year ended March 31, 2023), HealthifyMe's total revenue from operations reached INR 228.76 Cr, marking a 23.49% YoY increase from INR 185.25 Cr in FY22, driven by nutrition and wellbeing coaching at INR 139.24 Cr (up 25% YoY) and support services at INR 74.11 Cr (up 3% YoY). Losses narrowed 10% to INR 142 Cr from INR 157 Cr, with expenses at INR 371.72 Cr. Approximately 20% of revenues came from international markets at the time. The company targeted $50 million ARR in the coming months post-FY23, leveraging AI for multi-country coaching. Total funding raised across rounds stood at around $150 million by late 2024, with a prior Series A in 2016 raising $6 million from Athera Venture Partners, Blume Ventures, and Chiratae Ventures. |
| Jul 2021 | Series C | Khosla Ventures (lead); Leapfrog Ventures (lead); Unilever Ventures; Athera Venture Partners; Sistema Asia Capital; Elm; HealthQuad; Chiratae Ventures | $75M | HealthifyMe is an AI-powered health and wellness platform founded in 2012 by Tushar Vashisht, Mathew Cherian, and Sachin Shenoy that combines human coaching with artificial intelligence to deliver results in weight management and lifestyle disease prevention. The platform serves users across India and Southeast Asia with personalized diet and workout coaching, an AI nutritionist called "Ria," and corporate wellness partnerships. By July 2021, the company had achieved 25 million downloads with a user base growing at 100% year-on-year. In July 2021, HealthifyMe closed a $75 million Series C round led by LeapFrog Investments and Khosla Ventures, with participation from Unilever Ventures, Elm, HealthQuad, Chiratae Ventures, Inventus Capital, and Sistema Asia Capital. The company did not disclose its post-money valuation at the time but CEO Tushar Vashisht indicated "soonicorn" status (approaching but not yet at $1 billion valuation). HealthifyMe was expanding beyond its core app through two new initiatives launched during the pandemic: HealthifyPlus for chronic disease management (including diabetes, PCOS, and hypertension) and HealthifyStudio for live workouts, which together contributed 25% of the company's revenue. The company reported having doubled both its user base and revenue in the year prior to the Series C, and stated it was on track to reach $50 million in annualized recurring revenue within six months of the announcement. With approximately 250 employees and offices in Bangalore, Kuala Lumpur, and Singapore, HealthifyMe targeted expansion into North America and globally, with approximately 80% of users qualifying as low-income and over 60% based outside major metropolitan areas. |
| Nov 2018 | Series B | Blume Ventures (lead); InnoVen Capital (lead); Athera Venture Partners; Samsung NEXT; Sistema Asia Capital; NB Ventures; Dream Incubator; Atlas Ventures; Chiratae Ventures | $6M | HealthifyMe is an AI-driven health and fitness app that helps users track diet, calories, water intake, and exercise, offering premium features like HealthifySmart, HealthifyCoach, HealthifyPlus, and HealthifyStudio. It operates a freemium model with a database of over 100,000 Indian and Southeast Asian foods. In November 2018, HealthifyMe raised $6 million in a Series B extension round led by Blume Ventures and InnoVen Capital, with participation from Athera Venture Partners, Atlas Ventures, Chiratae Ventures, Dream Incubator, NB Ventures, Samsung NEXT, and Sistema Asia Capital, to expand market reach and enhance product offerings. The round followed a prior Series B of $12 million in February 2018 led by Sistema Asia Capital. By FY18 ending March 2019, HealthifyMe reported INR 24 crore in revenue, up significantly from INR 4 crore in FY17, driven by subscription pricing from INR 999 to 1,699 per month and improved monetization. The company had scaled to millions of users, with monthly revenues reaching INR 3 crore+ by mid-2018 and over 5 million lifetime users. HealthifyMe continued growing post-2018, crossing 25 million downloads by 2021 and achieving $25 million ARR ahead of its Series C $75 million raise. It later targeted $50 million ARR and expanded into global markets including Southeast Asia, MENA, LATAM, and the US. |
| Feb 2018 | Series B | Sistema Asia Capital (lead); Athera Venture Partners; Samsung NEXT; NB Ventures; Dream Incubator; Atlas Ventures; Blume Ventures; Chiratae Ventures | $12M | HealthifyMe is a mobile health and fitness platform that connects users with nutritionists and trainers for personalized diet and exercise plans. The company raised $12 million in a Series B funding round in February 2018, led by Sistema Asia Fund, with participation from Samsung NEXT, Atlas Asset Management, Dream Incubator, and existing investors including IDG Ventures India, Inventus Capital, Blume Ventures, and NB Ventures. Funds will support expansion into health foods, diagnostics, insurance products, AI and data science capabilities, and entry into emerging markets like the GCC. At the time of the round, HealthifyMe reported $4.5 million in ARR revenue, with a user base that grew 3.5 times in 2017 to five million downloads across 200 cities and about 10% market share in India's health/fitness app category per AppAnnie. The platform had over one million monthly active users who tracked 200 million foods and workouts and exchanged 10 million messages with coaches. It also offered workplace wellness programs to clients like P&G, Unilever, and Accenture, and partnered with healthcare providers such as Medanta and Apollo. A quarter of revenue came from overseas markets in the Middle East and Southeast Asia, primarily among the Indian diaspora. |
| Dec 2016 | Series A | Neelesh Bhatnagar (lead) | $1M | - |
| May 2016 | Series A | Athera Venture Partners (lead); Blume Ventures (lead); Chiratae Ventures (lead); NB Ventures | $6M | HealthifyMe raised $6 million in Series A funding in May 2016 led by Athera Venture Partners (also cited as IDG Ventures India in some sources), Blume Ventures, Chiratae Ventures, and NB Ventures. The company is a health and fitness platform built around a freemium mobile app model, offering basic tracking features for free while monetizing through paid subscriptions for personalized nutrition and fitness coaching. By early 2017, HealthifyMe had scaled to 4 million lifetime users with over 1 million monthly active users across 200+ cities globally, establishing itself as the most popular health and fitness app in India with approximately 10% market share. The company's AI-powered nutritionist assistant, Ria, was introduced in late 2017 and represented a significant technological advancement in making personalized health coaching accessible at scale. By 2017, the platform was generating $4.5 million in annualized recurring revenue, serving enterprise clients including P&G, Unilever, Accenture, and major healthcare providers like Apollo Hospitals and Medanta. Post-money valuation was not publicly disclosed for this Series A round. |
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Who has invested in HealthifyMe?
19 investors have backed HealthifyMe across its funding rounds, including Chiratae Ventures, Blume Ventures, Athera Venture Partners, Khosla Ventures, NB Ventures and Sistema Asia Capital.
Lead investors include Khosla Ventures, LeapFrog Investments, Van Lanschot Kempen, Leapfrog Ventures, Blume Ventures and 5 other investors.
HealthifyMe Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Bangalore | 5 | Lead | May 2016 | |
| Bangalore | 4 | Lead | May 2016 | |
| Mumbai | 4 | Lead | May 2016 | |
 Singapore | 3 | Lead | Feb 2018 | |
 Dubai | 3 | Participant | May 2016 | |
 San Francisco, CA | 3 | Lead | Jul 2021 | |
 London | 2 | Participant | Jul 2021 | |
| San Francisco, CA | 2 | Participant | Feb 2018 | |
 Tokyo | 2 | Participant | Feb 2018 | |
 Johannesburg | 2 | Lead | Jun 2023 | |
| Singapore | 2 | Participant | Feb 2018 | |
| New Delhi | 2 | Participant | Jul 2021 | |
 s-Hertogenbosch | 1 | Lead | Jun 2023 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by HealthifyMe
HealthifyMe has acquired 1 company to date.
Last acquisition by HealthifyMe was on August 24th 2026. HealthifyMe acquired Berry Street for undisclosed valuation.
Latest Acquisitions by HealthifyMe
| Description | Berry Street is a U.S.-based virtual nutrition platform connecting clients with registered dietitians for personalized therapy sessions on weight management, sports nutrition, and digestive health. The service operates via video calls and app-based tracking, accepting major insurances like Aetna and Blue Cross to minimize costs. Berry Street serves individuals pursuing goals like prediabetes reversal through evidence-based meal plans and behavioral coaching. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 24 Aug 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all HealthifyMe acquisitions and their M&A valuation multiples. Start Free Trial | |
HealthifyMe Competitors
HealthifyMe competitors include listed companies like Keep Inc. and Weight Watchers, and private ones like Oura, Icon Health Fitness, Cult.fit and Doctolib.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Oulu | Private | $500M | - | $11B | 22.0x | |
 China | Publicly listed | $244M | ($8M) | $82M | - | |
| Logan, UT | Private | $1B | - | $7B | 7.0x | |
| Bangalore | Private | $74M | - | $1.5B | - | |
| United States | Publicly listed | $786M | ($198M) | $160M | 0.7x | |
 Paris | Private | $400M | - | $6.4B | 16.0x |
HealthifyMe Public Comps
HealthifyMe is still privately-owned, but its public comps include Meta, Garmin, IQVIA, Bending Spoons, Revvity, Solventum, Tempus AI, ICON plc, Kakao and Match Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $201B | $104B | 8.8x | 7.4x | 17.0x | 12.7x | |||
| $7.2B | $2.1B | 7.0x | 6.4x | 24.4x | 21.7x | |||
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $2.6B | $520M | 11.0x | - | 54.9x | - | |||
| $2.9B | $735M | 6.5x | 6.6x | 25.4x | 21.0x | |||
| $8.3B | $2.5B | 2.4x | 2.4x | 7.8x | 8.9x | |||
| $1.3B | ($131M) | 12.0x | 10.1x | (116.0x) | 346.0x | |||
| $8.3B | $816M | 1.9x | 1.9x | 19.2x | 11.3x | |||
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Common questions about HealthifyMe
| When was HealthifyMe founded? | HealthifyMe was founded in 2012. |
| Where is HealthifyMe headquartered? | HealthifyMe is headquartered in Bangalore, India. |
| Is HealthifyMe publicly listed? | No, HealthifyMe is a private, VC-backed company. |
| How much funding has HealthifyMe raised? | HealthifyMe has raised $150M across 7 funding rounds. |
| What was HealthifyMe's last funding round? | HealthifyMe's last funding round was a $20M Series D in October 2024, led by Khosla Ventures and LeapFrog Investments. |
| Who are HealthifyMe's investors? | HealthifyMe's investors include Chiratae Ventures, Athera Venture Partners, Blume Ventures, Sistema Asia Capital, NB Ventures, Khosla Ventures, Unilever Ventures, Samsung NEXT, Dream Incubator, LeapFrog Investments and 9 others. |
| Which companies are comparable to HealthifyMe? | Companies comparable to HealthifyMe include Oura, Keep Inc., Icon Health Fitness, Cult.fit, Weight Watchers and Doctolib. |
| How many companies has HealthifyMe acquired? | HealthifyMe has acquired 1 company, including Berry Street. |
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