# Healthy.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/healthy-io

- Industry: Healthcare IT
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.healthy.io
- Total disclosed funding: $128M
- Latest round: Series D (May 3, 2023)
- Investors on record: 6

## About

Based in Israel, Healthy.io Ltd operates as a healthcare technology company that transforms smartphone cameras into clinical-grade medical devices, enabling critical health tests from home.Healthy.io Ltd, founded in 2013, is headquartered in Tel Aviv-Yafo, Israel. The company specializes in converting smartphone cameras into medical devices, providing accessible health solutions. The founders, Jonathan Adiri and Shachar Mendelowitz, have a history of innovation in health technology. In May 2023, Healthy.io raised USD 50 mn in Series D funding led by Schusterman Family Investments, with total capital raised amounting to USD 50 mn from five deals.Healthy.io specializes in transforming smartphone cameras into clinical-grade medical devices through its core product offerings, which include Minuteful Kidney, Minuteful for Wound, Minuteful UTI, and Minuteful 10. These products enable users to conduct critical health tests from home, addressing significant healthcare challenges such as kidney disease detection, wound management, and urinary tract infection testing. The Minuteful Kidney product focuses on early detection of kidney disease, catering to a population where 35 million Americans are affected but largely unaware. Minuteful for Wound enhances wound care by providing accurate imaging irrespective of lighting conditions or skin tone, while Minuteful UTI and Minuteful 10 facilitate convenient testing for urinary tract infections and routine checks, respectively. The company serves a diverse customer base, including healthcare systems and individual patients, and operates in various geographical markets, with services coming soon to the United States, among other regions.Healthy.io generates revenue through partnerships and B2B transactions with healthcare systems and providers, enabling them to offer innovative testing solutions to their patients. The company's products are structured around subscription models or service agreements, allowing healthcare partners to integrate Minuteful services into their existing workflows. The transactions revolve around the utilization of clinical-grade products that deliver results directly to patients while securely sharing data with healthcare providers for follow-up care. Key products, such as Minuteful Kidney and Minuteful for Wound, are designed to enhance patient engagement and compliance, thereby driving usage and revenue generation within the healthcare ecosystem.In May 2023, Healthy.io raised USD 50 mn in Series D funding to support its business reach expansion in the US. The company plans to launch new products designed for enhanced health monitoring and testing solutions, although specific release dates have not been disclosed. Furthermore, Healthy.io is targeting expansion into the US market, aiming to establish its services there by leveraging the recent funding to facilitate market entry and enhance its operational capabilities.

## Funding rounds

- Series D, May 3, 2023, $50M — Aleph, Schusterman Family Investments
- Series C, Sep 11, 2019, $60M — Aleph, Joy Capital, Samsung NEXT Ventures, Ansonia Holdings, Corner Ventures
- Series B, Feb 5, 2019, $18M — Aleph, Samsung NEXT Ventures

## Investors

- Aleph (https://capitalatlas.ai/funds/aleph) — Series B, Series C, Series D
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B, Series C
- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Series C
- Ansonia Holdings — Series C
- Corner Ventures (https://capitalatlas.ai/funds/corner-ventures) — Series C
- Schusterman Family Investments — Series D