Healthify, previously known as HealthifyMe, has raised $20 million in fresh capital as part of an ongoing $45 million equity round. This round was led by Khosla Ventures and LeapFrog Investments, with new participation from Claypond Capital, the family office of Indian healthcare billionaire Dr. Ranjan Pai. The latest investment builds on a $30 million pre-Series D round completed in June 2023, which included $5 million in venture debt.

The funds are set to fuel Healthify’s expansion into the U.S. market. The company aims to bring its unique blend of AI-powered and human coaching to one of the world’s largest health and wellness sectors. CEO Tushar Vashisht noted that this funding brings Healthify closer to its mission of putting a high-acuity health coach in every person’s pocket.

Founded by Tushar Vashisht, Sachin Shenoy, and Mathew Cherian, Healthify combines software, wearable devices, and fitness trainers to help users achieve their health goals. To date, the platform has served over 40 million users across 300 cities in India.

With a total of $125 million raised in equity financing, Healthify previously secured $75 million in a Series C round in July 2021. Investors in that round included Khosla Ventures, LeapFrog Investments, Sistema Asia Fund, and Chiratae Ventures. As the company prepares for its U.S. launch, its AI capabilities are being customized to suit international audiences, with features tailored to local languages, dietary preferences, and cultural habits.

In addition to its consumer app, Healthify also operates a B2B wellness vertical, partnering with the diagnostics, insurance, and pharmaceutical sectors to deliver corporate wellness solutions.

Source: Entrackr