Twin Health to Expand its Operations with Newly Raised $ 140 Million
Twin Health, the company behind the Whole-Body Digital Twin precision health technology, has raised $140 million in Series C funding (about Rs 1,000 crore). The funds will be used to help the company expand its operations in India and the US.
Sequoia Capital India, ICONIQ Growth, Perceptive Advisors, Corner Ventures, LTS Investments, Helena, and Sofina all participated in the round.
Twin Health, which was founded in 2018, leverages IoT, AI, and machine learning to treat chronic metabolic disorders including type 2 diabetes.
The clinical research team at Twin Health is conducting the world's first randomized controlled trial (RCT) for employing digital twin technology to reverse chronic metabolic disorders. Early RCT results were recently presented and published in the Diabetes journal of the American Diabetes Association, including first-of-its-kind health outcomes.
"Our Whole Body Digital Twin lives alongside you, providing you a window into your stunningly complicated biology, constantly learning about your metabolism, and informing you what you can do right now to better your health”, adds Jahangir
Patients and their doctors can use the Whole Body Digital Twin to get nutrition, sleep, movement, and meditation breathing advice to safely reverse and avoid chronic metabolic disorders like type 2 diabetes, cardiovascular disease, and liver disease.
"My many years at Sequoia India have taught me that partnering with missionary founders who want to tackle difficult challenges in order to make the world a better place creates real change and real value. Twin Health is developing a game-changing healthcare solution. Jahangir's daring vision of reversing chronic metabolic disorders in a personalized fashion would pave the way for a new generation of healthtech advancements in India and around the world”, says Sequoia India's MD, Mohit Bhatnagar.
Jahangir is a digital pioneer, serial innovator, and entrepreneur. In the year 2000, he founded Kineto Wireless, which was the first to employ WiFi technologies in mobile phones for indoor voice and data. Later, he developed and grew Jasper Technologies into a major global IoT platform, which was purchased by Cisco in 2016 for $1.4 billion. According to Jahangir, "After becoming aware of the global scale of chronic disease, I decided to make the Whole Body Digital Twin my life's work. Every day, the positive influence Twin has on people's life energizes and encourages me”.
"Our Whole Body Digital Twin lives alongside you, providing you a window into your stunningly complicated biology, constantly learning about your metabolism, and informing you what you can do right now to better your health”, adds Jahangir.