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/
Kendall Taye
Stealth
8 months ago
Someone also explain how they are profitable too.
Isaiah Dean
Stealth
8 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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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?
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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