Undermyfork Ltd.

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Undermyfork Ltd. - overview

Established

2018

Location

Rehovot, -, Israel

Primary Industry

Healthcare IT

About

Undermyfork Ltd. is a health technology company focused on empowering individuals with diabetes through innovative dietary management solutions, enhancing their ability to monitor and optimize glucose levels through personalized insights. Founded in 2018 and headquartered in Rehovot, Israel, Undermyfork Ltd. specializes in diabetes management solutions.


The company was co-founded by Eugene Molodkin and Mike Ushakov and has engaged in one major funding round, raising USD 0. 4 mn in Seed funding on August 28, 2020, from investors including AltaClub, Altair Capital, and Runa Capital. Undermyfork's core offerings revolve around their innovative platform designed to empower individuals managing diabetes through tailored dietary insights. The primary product, Undermyfork Care, serves as a comprehensive tool that enables users to monitor their dietary intake and its impact on their glucose levels, focusing on improving their Time in Range.


This service assists individuals living with diabetes, healthcare professionals, and dietitians in making informed decisions about food choices based on personal physiological data. Users can track how specific meals affect their glucose levels, facilitating a proactive approach to diabetes management. The platform operates across various markets, including North America and Europe, aligning with the demand for personalized diabetes care solutions. Undermyfork generates revenue through a subscription-based model, providing users access to its digital tools and resources.


Clients, including individuals with diabetes and healthcare providers, engage with the platform through direct subscriptions that offer varying levels of access to features such as personalized meal tracking and data analytics. The structure of these transactions supports both individual consumers and B2B partnerships with healthcare organizations and diabetes clinics, enhancing the firm's market reach. While specific pricing plans for these services are not disclosed, Undermyfork Care remains central to their business strategy and client engagement. Undermyfork Ltd.


aims to enhance its product offerings and market reach through innovative developments and geographical expansion. The company is focusing on designing new features for their platform, targeting a rollout by the end of 2023. Additionally, they plan to expand into the Asian markets, aiming for implementation by mid-2024. The recent Seed funding of USD 0.


4 mn will be utilized to support these initiatives, enhancing technological capabilities and facilitating entry into new regions.


Current Investors

Runa Capital, Altair Capital, AltaClub

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.undermyfork.com

Verticals

HealthTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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