Healthtech

Elfie gets $4M to make healthcare more rewarding

May 23, 2023
Image from Elfie ad

Meet Elfie! This Singaporean healthtech startup rewards their users for building healthier habits, and they just raised at least $4M in a new funding round, according to ACRA filings!

  • They’re medically endorsed by doctors and health organizations from Vietnam, Brazil, and the US.
  • Bonus: They’re free and great for everyone’s health management.

Investor check. Singapore’s Integra Partners, FEBE Ventures, Hustle Fund, and Gentree Fund joined in.

  • Founded in 2020, Elfie also received a $1M pre-seed from FEBE Ventures back in 2021!

❤️‍ Work on yourself

Elfie’s health management app helps make managing chronic diseases like hypertension, obesity, chronic stress, and other conditions easy.

  • Personalized health monitoring. They have AI-powered health assessments by Nuralogix to make sure your vitals are in order. Once complete, you’ll have your own medically-reviewed monitoring plan!  
  • Not just a number. Elfie’s AI tech identifies at-risk individuals and helps them stay on track with their health goals.

⚙️ How it works

Elfie combines tech and the concept of gamification to create simple and actionable tasks per individual.

  • What goals? Completing your goal steps of the day, exercising, checking your glucose, and taking your pills add up to digital Elfie coins.
  • Easy rewards. Exchange your accumulated Elfie coins with gift cards from Decathlon and other brands.

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