Bevel secures $10M Series A funding from General Catalyst for AI health assistant.
Image Credits:Bevel
The Challenge of Integrating Health Data
In today’s health-conscious world, many individuals rely on various devices and apps to track their well-being. Fitness trackers monitor daily steps, smartwatches indicate sleep duration, and nutrition apps count calories. However, the main challenge remains: how to bring these disparate data points together for a comprehensive understanding of one’s health.
Enter Bevel: A Unified Health Approach
Bevel, a rapidly-growing startup based in New York, is aiming to bridge this gap in health tracking. Recently securing $10 million in Series A funding from General Catalyst, Bevel is focused on scaling its innovative AI health companion. This platform combines data from wearables and daily routines—covering sleep, fitness, and nutrition—into a single, personalized insight.
A Year of Explosive Growth
In just two years, Bevel has made significant strides in the health tech space. The company has experienced an incredible growth rate, expanding its user base more than eight times within the last year. Currently, over 100,000 active users engage with the app daily. Remarkably, the average user opens the app eight times a day, and the retention rate remains above 80% after 90 days. These metrics stand out in a landscape where many health apps face high churn rates after users achieve short-term fitness objectives.
“We view health as a continuous journey, not just a phase,” emphasizes co-founder and CEO Grey Nguyen. “Bevel adapts to your current habits and guides you through small changes that accumulate over time.”
The Need for More Comprehensive Tools
With numerous health companion apps available—from Whoop and Oura to Eight Sleep—one might wonder why another app is necessary. According to co-founder and board member Aditya Agarwal, many existing solutions require users to purchase and maintain expensive hardware, which can deter wider adoption. By contrast, Bevel is purely software-based, allowing users the flexibility to utilize their existing wearables without the burden of additional costs.
“A $500 smart ring or band is out of reach for many people,” Agarwal notes. “We generate valuable health data from our primary wearables and everyday sources. Our goal is to create an accessible product for a broader audience.” Users can subscribe to Bevel for just $6 per month or $50 annually.
An Integrated Health Experience
Bevel stands out from conventional wellness apps, which often concentrate on isolated metrics like steps, sleep, or nutrition. Instead, it offers an integrated experience. The platform works seamlessly with popular wearables like the Apple Watch via Apple Health and can sync with continuous glucose monitors like Dexcom and Libre. Bevel is also developing additional integrations with devices like Garmin.
All of this data feeds into Bevel Intelligence, the company’s core algorithm. This sophisticated software analyzes user information and tailors recommendations based on individual responses to stress, movement, and nutrition.
A Personal Journey to Health
The inspiration behind Bevel stems from personal health struggles—specifically, chronic pain experienced by Grey Nguyen. Before founding the company in late 2023, Nguyen, who was previously involved in product development at Campus, found that the demanding startup lifestyle prevented him from prioritizing his health. This neglect led to persistent back pain that went undiagnosed for months—despite using various wearables and consulting medical professionals.
“Nothing indicated the source of my back pain, not even the doctors,” reflects Nguyen. “It struck me that life is nuanced; small daily habits can accumulate and lead to chronic issues.”
As he began to piece together his health data—tracking sleep, nutrition, and physical activity—Nguyen recognized that compounding issues, such as low mobility, mattress-related sleep problems, and high sodium diets, were contributing factors.
Teaming Up for a Shared Vision
Agarwal, who previously served as CTO at Dropbox and played a pivotal role as an early engineer at Facebook, also underwent a personal health transformation. After facing burnout from intense workloads, he utilized spreadsheets and connected trackers to log his data and restore his energy.
When Agarwal encountered Nguyen and Yang, he recognized a shared vision for Bevel. “We had the same North Star—empowering people to become more knowledgeable about their own health,” Agarwal shares. His venture capital firm, South Park Commons, alongside General Catalyst, invested $4 million into Bevel earlier this year.
Future Plans for Bevel
With newfound funding and a clear vision, Bevel is focused on expanding its team and enhancing its services. The goal is to broaden its offerings and establish partnerships that make proactive health management more accessible.
“Bevel’s mission to democratize health through intelligence and design resonates deeply with us,” states Neeraj Arora, managing director at General Catalyst. “Their user engagement levels are extraordinary, indicating that Bevel has become an integral part of daily life—not just another app. We’re thrilled to back this team as they shape the future of personal health.”
Conclusion
In a world rife with fragmented health information, Bevel offers a promising solution by integrating data from various sources. With a focus on accessibility and meaningful insights, Bevel not only aims to enhance individual health journeys but might also change the way we think about and manage our well-being. By continuing to adapt and grow, Bevel is paving the way for a new era in personalized health management.
Thanks for reading. Please let us know your thoughts and ideas in the comment section down below.
Source link
#Bevel #raises #10M #Series #General #Catalyst #health #companion
About The Author
