Inito

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Inito - overview

Established

2015

Location

Houston, TX, US

Primary Industry

Medical Devices & Equipment

About

Inito, Inc. is a San Francisco-based medical device company that specializes in fertility monitoring solutions, offering users advanced insights into hormone levels through its innovative Inito Fertility Monitor, designed to assist individuals and couples in optimizing their conception efforts. Founded in 2015, Inito, Inc. is dedicated to developing fertility monitoring solutions.


The company's flagship product, the Inito Fertility Monitor, was launched recently to support individuals in tracking their fertility hormones. Aayush Rai, the CEO and co-founder, has played a crucial role in the company's strategic vision. In November 2023, Inito secured USD 6. 00 mn in a Series A funding round led by Fireside Ventures, marking a significant milestone in its funding journey, which involves a total of six deals to date.


Inito Health Inc. specializes in the development and sale of the Inito Fertility Monitor, an innovative device designed to track and analyze fertility hormones in users' urine. This monitor uniquely measures four key hormones—Estrogen, Luteinizing Hormone (LH), Progesterone, and Follicle Stimulating Hormone (FSH)—on a single test strip, providing personalized insights into ovulation patterns and fertility windows. The device is particularly beneficial for women with irregular menstrual cycles or conditions such as Polycystic Ovary Syndrome (PCOS), as it offers detailed hormone data that can help users identify their most fertile days and confirm successful ovulation.


The Inito Fertility Monitor is aimed primarily at individuals and couples seeking to conceive, and its market extends across North America and select regions in Europe, offering a sophisticated, accessible solution for fertility tracking at home. Released to the public within the last few years, the monitor leverages a complementary mobile application that enhances user experience by providing detailed reports and alerts for optimal testing times. Inito generates revenue primarily through direct sales of its flagship product, the Inito Fertility Monitor, along with associated test strip refills. In the most recent year, the revenue amount was USD 588,967 with an EBITDA of USD -315,162.


Customers purchase the initial monitor, which includes a starter kit, and subsequently acquire additional test strips via the Inito mobile application. The pricing structure is designed for direct-to-consumer transactions, allowing users to conveniently manage their reproductive health from home. By incentivizing repeat purchases through the need for continuous hormone monitoring, Inito fosters ongoing customer relationships while contributing to its revenue stream. The company’s focus on providing accurate, timely information regarding fertility aligns with its commitment to enhancing users' chances of conception, further solidifying its position in the fertility health market.


In November 2023, Inito, Inc. received USD 6. 00 mn in Series A funding led by Fireside Ventures, which will be utilized to enhance its advanced analytics capabilities using artificial intelligence. The company aims to expand its product line with new innovations in fertility monitoring and enhance its mobile application for a better user experience.


Additionally, Inito plans to expand its market reach in Europe and North America over the next year, targeting specific regions to increase accessibility to its products.


Current Investors

Fireside Ventures, Bertelsmann India Investments

Primary Industry

Medical Devices & Equipment

Sub Industries

Healthcare IT, Diagnostic Equipment, Monitoring Equipment, Medical Software

Website

www.inito.com

Verticals

Artificial Intelligence, Cloud Computing, E-commerce, HealthTech, IoT (Internet of Things), Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

Inito - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020
Revenue (USD)--420,000-40,872---
% Revenue Growth (YoY)---(100.0%)----
EBITDA (USD)(20,618)(6,018)(2,059,931)(1,349,402)(9,637,862)---
Operating Income (USD)(20,618)(6,018)(2,092,692)(1,544,335)(10,124,418)---
Operating Margin--(498.3%)-(24771.0%)---
% EBITDA Margin--(490.5%)-(23580.6%)---
NET Income (USD)(20,618)(6,018)(1,962,292)(1,393,800)(8,603,709)---
% Net Margin--(467.2%)-(21050.4%)---

Inito - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedInito-
Private DebtCompletedInito-

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Inito - employee data

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