About Heru
Heru is a company based in Miami (United States) founded in 2018 by Mohamed Abou Shousha. It operates as a HealthTech. Heru has raised $36.68 million across 3 funding rounds from investors including Maurice R. Ferre M.D., Frederic H Moll and Open Opportunity Fund. The company has 32 employees as of December 31, 2021. Heru offers products and services including Heru Prime and EyeStream. Heru operates in a competitive market with competitors including Forus Health, Remidio, Ibis Vision, PeriVision and Smart Optometry, among others.
- Headquarter Miami, United States
- Employees 32 as on 31 Dec, 2021
- Founders Mohamed Abou Shousha
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Heru, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.68 M (USD)
in 3 rounds
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Latest Funding Round
$3.98 M (USD), Series A
Jun 29, 2023
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Investors
Open Opportunity Fund
& 3 more
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Employee Count
32
as on Dec 31, 2021
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Products & Services of Heru
Heru offers a comprehensive portfolio of products and services, including Heru Prime and EyeStream. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced eye care solution using wearable VR technology.
Next-generation technology for standardized patient eye pretesting.
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Funding Insights of Heru
Heru has successfully raised a total of $36.68M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.98 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.0M
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First Round
First Round
(22 Dec 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Heru | Valuation |
investors |
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| May, 2021 | Amount | Series A - Heru | Valuation |
investors |
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| Dec, 2020 | Amount | Angel Round - Heru | Valuation | Maurice R. Ferre M.D. |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Heru
Heru has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Maurice R. Ferre M.D., Frederic H Moll and Open Opportunity Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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A venture capital fund based in Miami is operated.
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Founded Year | Domain | Location | |
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MR
Maurice R. Ferre M.D. |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Heru
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Heru
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heru Comparisons
Competitors of Heru
Heru operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Forus Health, Remidio, Ibis Vision, PeriVision and Smart Optometry, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms
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| domain | founded_year | HQ Location |
AI-powered portable solutions for ophthalmic screening and diagnosis are developed.
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| domain | founded_year | HQ Location |
Cloud-based vision testing software is offered for the optical industry.
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| domain | founded_year | HQ Location |
AI-driven VR platform for vision care workflows is delivered.
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| domain | founded_year | HQ Location |
A platform for optometry screening and diagnostic tools is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Heru
Frequently Asked Questions about Heru
When was Heru founded?
Heru was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Heru located?
Heru is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Heru?
Mohamed Abou Shousha is the current CEO of Heru. They have also founded this company.
Is Heru a funded company?
Heru is a funded company, having raised a total of $36.68M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $2.7M, raised on Dec 22, 2020.
How many employees does Heru have?
As of Dec 31, 2021, the latest employee count at Heru is 32.
What does Heru do?
Eye care technology solutions are developed and offered by Heru, Inc. Focus is placed on innovative products like Heru Prime and EyeStream for vision care. The company serves independent eye doctors, enterprises, and telehealth sectors. Advanced wearable VR headsets are utilized for visual field testing. Research and development are rooted in clinical studies from Bascom Palmer Eye Institute. Tele-optometry strategies are supported to enhance doctor productivity and patient throughput.
Who are the top competitors of Heru?
Heru's top competitors include Remidio, Forus Health and Ibis Vision.
What products or services does Heru offer?
Heru offers Heru Prime and EyeStream.
Who are Heru's investors?
Heru has 4 investors. Key investors include Maurice R. Ferre M.D., Frederic H Moll, Open Opportunity Fund, and Krillion Ventures.