Healthtech startup Fitterfly has raised $12 million in its Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures.
9 Unicorns, Venture Catalysts, Nihar Parikh from 4point0 Health Ventures and Sriram Natarajan from Molbio also participated in the round.
The amount will be used to expand the reach of its product Diabefly. It will also deploy funds to enhance its technology stack to give out clinical insights.
With the current round, Fitterfly has raised over $16.6 million in aggregate to date. In April last year, the Mumbai-based startup had raised $3.1 million in its seed round.
Founded in 2016 by Arbinder Singal and Shailesh Gupta, Fitterfly provides a mobile app for multiple disease management. The firm offers a digital therapeutic app for the management of diseases like diabetes, PCOS, clinical obesity, child nutrition, general wellness, pregnancy and lactation.
Fitterfly claims to have served over 20,000 patients to date and also, helped these patients to reduce 1.5% points of Glycated haemoglobin (HbA1c) on an average.