VentureBeat Highlights Impressive Growth Of Dip.io; Startup Uses Smartphone To Analyze Urine Samples

VentureBeat Highlights Impressive Growth Of Dip.io; Startup Uses Smartphone To Analyze Urine Samples

VentureBeat’s Kyle Wiggers Highlights Impressive Growth Of Dip.io; Startup Uses Smartphone To Analyze Urine Samples

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Roughly six years ago, former Israel chief technology officer Yonatan Adiri cofounded Healthy.io, a digital health care startup leveraging AI to bring professional-grade medical imaging to the homes of those with chronic kidney disease. Its 10-parameter digital testing kit — Dip.io — enables patients to collect and analyze urine samples with nothing more than a smartphone app, a dip stick, and a color-coded slide.

It’s taken off like wildfire. Following on the heels of an $18 million series B raise in February, Healthy.io today announced that it’s secured $60 million in a series C funding round led by Corner Ventures, with participation by Joy Capital and previous backers Ansonia Holdings, Aleph, and Samsung Next. CEO Adiri said the fresh capital, which brings Healthy.io’s total raised to about $90 million, will accelerate Healthy.io’s global expansion and product development.

Healthy.io additionally announced that it’s received its second 501(K) clearance to date from the U.S. Food and Drug Administration (FDA), this one for its smartphone-based ACR test. (Its first clearance was for Dip.io.) FDA clearance through the 510(k) process means the agency agrees with the manufacturer — Healthy.io — that its product is similar to a previously approved product.

“Today’s health system doesn’t make it easy for patients to get the care they need. Healthy.io is tackling this problem by meeting patients where they are, on their smartphones, and turning smartphone cameras into a clinical-grade medical device,” said Aleph general partner Michael Eisenberg. “We are proud to support a company that can meet the highest FDA standards, while creating products that make life easier and more convenient for patients.”