Startup profile · funding coverage
Ultrahuman funding, valuation and investors
Smart rings and health platform evolving from trackers into on-finger computers.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Growth
$70M ($65M equity + $5M debt) · September 2026
Latest known valuation
$365M
Growth · September 2026
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Bengaluru, India
Investors in latest funding
Other: Qualcomm Ventures , Labcorp Venture Fund , Alpha Wave , Blume Ventures , Nexus Venture Partners , Alteria Capital
Overview
Bengaluru-based Ultrahuman sells Ring Air and Ring Pro wearables plus PowerPlugs software subscriptions, blood testing, and related health products. Co-founded by Mohit Kumar and Vatsal Singhal in 2019, the company raised $70 million in September 2026 at a $365 million valuation with Qualcomm Ventures, Labcorp, Alpha Wave, Blume Ventures, Nexus Venture Partners, and Alteria Capital. CEO Mohit Kumar told TechCrunch the company is working with Qualcomm on a next-generation ring with more on-device compute.
Why Ultrahuman is interesting
September 2026 $70M round ($65M equity + $5M debt) at $365M with Qualcomm Ventures and Labcorp — company cites ~$140M ARR run rate and ~800k rings sold while building on-device AI and developer features.
Product & use cases
Smart rings plus subscription software and adjacent health diagnostics aiming for on-device compute and AI interaction.
- Consumer sleep/recovery/metabolic tracking
- Subscription PowerPlugs software features
- Future on-device AI, gaming, and ambient interfaces
Key facts
- $70M at $365M with Qualcomm Ventures and Labcorp (Sep 2026)
- ~$140M annual revenue run rate; ~800k rings sold (company via TechCrunch)
- Exploring clinical adjacency with Labcorp diagnostics data
Funding history (newest first)
Growth
2026-09 $70M ($65M equity + $5M debt) Valuation: $365M- Qualcomm Ventures (participant)
- Labcorp Venture Fund (participant)
- Alpha Wave (participant)
- Blume Ventures (participant)
- Nexus Venture Partners (participant)
- Alteria Capital (participant)
Growth
2023 Undisclosed Valuation: ~$120MIndustries
Related funding articles
Venture Capital Tracker pieces that cover Ultrahuman's financing or category context.
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