Total amount raised
$5 Millions
Latest funding date
11/01/2023
Location
Zyla Health has successfully raised funds through a Series A round, with notable investors including Aureolis Ventures and Sony Innovation Fund. The platform offers specialized programs for heart health and diabetes management.
Keep reading to explore the intricacies of Zyla Health's fundraising journey and the investors backing this innovative healthcare management platform.
What Is Zyla Health?
Zyla Health, founded in 2017, is an AI-based healthcare management platform headquartered in New Delhi, India. The company operates within the healthcare, hospitality, and InsurTech industries.
Founded by Tanmay Patil, Zyla Health employs between 101 and 250 people. The platform offers personalized healthcare management solutions, including programs for managing heart disease and diabetes, employee wellness programs, and a digital ecosystem for pharmaceutical companies.
How Much Funding Has Zyla Health Raised?
- Series A
- Amount Raised: $4M
- Date: November 2023
- Lead Investors: Exfinity Venture Partners, Sony Innovation Fund, Venture Catalysts, Aureolis
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth across insurance, corporates, and big pharma verticals, and to enhance product integrations across the healthcare ecosystem for scalability.
- Seed Round
- Amount Raised: ₹80M (approximately $1M)
- Date: July 2022
- Lead Investors: Seeders
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial growth and development, leading to a 300% year-on-year revenue growth.
- Non-Equity Assistance
- Amount Raised: Not disclosed
- Date: October 2020
- Lead Investors: Google for Startups
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To leverage Google's resources and network for scaling the platform.
- Seed Round
- Amount Raised: Not disclosed
- Date: December 2019
- Lead Investors: Not disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish a foundation for the company's growth and development.
- Seed Round
- Amount Raised: Not disclosed
- Date: January 2018
- Lead Investors: Kae Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and initial product development.
Total Amount Raised: $5M
Current Valuation: Not publicly disclosed
Key Investors
- Exfinity Venture Partners
- Details: Exfinity Venture Partners is a lead investor in Zyla Health's $4 million Series A funding round. They focus on early-stage investments in technology-driven companies.
- Investment Focus Areas: Technology, AI, Enterprise Software
- Notable Investments: Not publicly disclosed
- Seeders
- Details: Seeders participated in Zyla Health's pre-Series A funding round in July 2022. They are known for supporting early-stage startups with high growth potential.
- Investment Focus Areas: Startups, Technology, Healthcare
- Notable Investments: Not publicly disclosed
- Google for Startups
- Details: Google for Startups provided non-equity assistance to Zyla Health in October 2020. They offer resources and support to help startups grow and scale.
- Investment Focus Areas: Technology, Startups, Innovation
- Notable Investments: Not publicly disclosed
- Kae Capital
- Details: Kae Capital is an institutional investor in Zyla Health, providing capital in the early stages of the company's development. They focus on seed and early-stage investments.
- Investment Focus Areas: Technology, Consumer Internet, Healthcare
- Notable Investments: Not publicly disclosed
- Sony Innovation Fund
- Details: Sony Innovation Fund participated in Zyla Health's Series A funding round. They invest in companies that align with Sony's strategic interests and innovation goals.
- Investment Focus Areas: Technology, Entertainment, Healthcare
- Notable Investments: Not publicly disclosed
What's Next for Zyla Health?
With a fresh infusion of $4 million, Zyla Health is poised to expand its footprint in the insurance, corporate wellness, and pharmaceutical sectors. The company aims to scale its operations fivefold and manage one million patients annually, starting with an entry into the Southeast Asian market, including the Philippines. This ambitious growth plan is supported by a 300% year-on-year revenue increase and 100% retention of key B2B clients.
Future fundraising opportunities appear promising as Zyla Health continues to demonstrate significant growth and profitability. The company may attract further investments to support its international expansion and enhance product integrations across the healthcare ecosystem. However, challenges such as maintaining high retention rates, navigating regulatory landscapes, and ensuring seamless platform integration could pose hurdles along the way.
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