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CUDIS raised $5M in seed funding led by Draper Associates and others to enhance its AI and blockchain-powered wearable technology.

PRIVATESep 18, 2024

Amount Raised

$5 Million

Round Type

Seed

Los AngelesHealth CareArtificial Intelligence

Investors

QinwenJohn Patrick MullinCarl VogelKel XyzAdam JinAndrew ChathamKalin StoyanchevTrinitoBlock PatchDraper DragonMonke VenturesOgbcForesight VenturesNgcMozaikSnzPenroseSkybridgeDraper Associates

Description

CUDIS, a US-based healthtech startup, has secured $5 million in seed funding, aiming to challenge established players in the wearable health tech market. The funding will help deliver over 1 million rings in the next 18 months and improve its AI coaching features.

Quick answer

CUDIS raised $5 Million in a Seed round, dated September 18, 2024. Investors: Qinwen, John Patrick Mullin, Carl Vogel, Kel Xyz, Adam Jin, Andrew Chatham, Kalin Stoyanchev and Trinito. CUDIS is based in Los Angeles, California, United States.

How much did CUDIS raise?
CUDIS raised $5 Million in a Seed round on September 18, 2024.
Who invested in CUDIS?
Qinwen, John Patrick Mullin, Carl Vogel, Kel Xyz, Adam Jin, Andrew Chatham, Kalin Stoyanchev and Trinito are named as investors in this round.
What does CUDIS do?
CUDIS is a US-based healthtech startup that specializes in wellness technology, particularly known for its AI and blockchain-powered wearable rings.
Where is CUDIS based and how big is it?
CUDIS is based in Los Angeles, California, United States.

Source: Fundz verified event record.

Who else raised in Health Care and Artificial Intelligence around the same time

Companies in the same sectors as CUDIS that raised within 45 days of this round, from Fundz verified event records.

  • Healwell AI raised $67K (Pre-Seed) on November 1, 2024.
  • Scalpel AI raised $4.8M (Seed) on October 31, 2024.
  • Definition Health raised $7.4M (Pre-Seed) on October 31, 2024.
  • Archon Biosciences raised $20M (Seed) on October 30, 2024.
  • Alimetry raised $18M (Series A) on October 29, 2024.
  • Vara raised $8.9M (Funding Round) on October 29, 2024.

Who to call at CUDIS, and when

A new round usually means CUDIS is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

CUDIS

Location

Los Angeles, California, United States

About

CUDIS is a US-based healthtech startup that specializes in wellness technology, particularly known for its AI and blockchain-powered wearable rings. Founded in April 2024, the company aims to help users build healthier habits through incentive rewards and personalized coaching. CUDIS leverages blockchain to ensure user privacy and incentivize healthy behaviors, setting itself apart from competitors like Oura Ring. With a projected growth strategy, CUDIS plans to significantly expand its market share, particularly in Europe.

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CUDIS raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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