Digital therapeutics startup Breathe Well-Being has raised $5.5 million in its Series A round led by Accel. General Catalyst, 3one4 and Tiger Global’s Scott Shleifer have also joined the round.
Prior to this round, Breathe had raised $1 million in its pre-Series A round led by 3one4 Capital, back in June 2021. The Gurugram-based startup, which received its first investment from GSF Accelerator, was selected in Y Combinator’s winter 2020 batch.
Founded by Rohan Verma and Aditya Kaicker, Breathe Well-Being helps its users prevent, manage and reverse Type 2 diabetes by using a personalised coach-driven approach. Users get rewarded with points with every healthy behaviour demonstrated, points that are redeemable from their partnership with Amazon and Paytm.
The startup claims that its digital programme has helped over 10,000 people lose weight, reduce blood sugar and prevent health complications.
The funding proceeds will be used in product development and team expansion across functions, said Verma in a press release.
This is the fifth investment for Scott Shleifer in Indian startups in a personal capacity. Previously, he had backed Ultrahuman, Mensa Brands, CityMall and DealShare.