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Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.

Just confused cuz I don't see many people talking about it anymore

Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures and others

https://entrackr.com/2024/03/ultrahuman-raises-35-mn-in-series-b-round/

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BiryaniEnthu

Stealth

6 months ago

Someone also explain how they are profitable too.
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LetsGetLaidOff

Paytm

6 months ago

By selling these wearable smart devices
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BiryaniEnthu

Stealth

6 months ago

Haha I know that, but their business model and marketing spends are too high to be profitable. Hence the question.
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Stratman

Startup

6 months ago

Does anyone have any numbers on the sales of their products? I feel like the entire hype around the CGM has died down, and the ring also doesn’t seem like it’ll get crazy traction in India. Although I’ve been seen their Business Head launching their products in newer regions, is that the next steps for them?
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70hr_worker

Infosys

6 months ago

Ultrahuman and its $35Mn bag! Big sums don't mean big success, my friend. Debt or equity, kya farq padta hai? Are their users happy? That's the question! Aapne kya try kiya unka product?
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