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| HealthTech Startup FlexifyMe raises funds from ah! Ventures Angel Platform |
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| FlexifyMe, a health-tech platform focused on helping people manage chronic pain has raised funds from ah! Ventures Angel Platform. ah! Ventures has done 209 investments in 125 startups till date taking its total investment portfolio to INR 434 CR (~54 MN USD) with 16 exits and 48 follow on rounds. 55 investments have happened through all three platforms and the fund in 2023. |
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| The company is already backed by Flipkart Ventures GSF, iHub Anubhuti, Chandigarh Angels (CAN), Venture Catalyst, OneCapital, and several other prominent individual investors. This funding round will help the company speed up its growth trajectory. The company said in a statement that it has grown almost 5X in the last 12 months and the recent capital infusion will help it with fast growth. |
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| The funds from this round will be additionally used to further enhance the AI motion coach, making it available in local languages and expanding the platform's reach in the MENA and North American regions. |
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| Manjeet Singh, co-founder of FlexifyMe, said, “We’re thrilled by the tremendous support we’ve received in this funding round, which increases our confidence in using technology to help people live pain-free lives. We’re committed to leveraging technology to improve the lives of millions suffering from chronic pain, and this funding takes us a significant step closer to achieving that goal.“ |
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| Mukul Jain, Deal Lead - FlexifyMe & VP at ah! Ventures stated that, "FlexifyMe has developed a unique solution which is well accepted in the market. This funding round will help the company to penetrate further into other geographies as well build its product further. We are extremely positive about the prospects of the company and believe that there is tremendous scope for scaling it further." |
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto INR 1 CR (~USD 150K), Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 6000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 434 CR (~54 MN USD) in 125 startups & 209 investments and have announced 16 exits & 48 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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