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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