Pytheos Health Systems

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Provider of digital health platform to mange fitness wellness

About Pytheos Health Systems

Pytheos Health Systems is a Healthcare company based in Bengaluru (India) founded in 2016 by Srinivasa Vivek Jothiprakasam, Vikas Gupta, and Vignesh Babu J. Provider of digital health platform to mange fitness wellness. Pytheos Health Systems has raised $1.88 million across 5 funding rounds from investors including Utopian Healthcare, Amit Midha and Sudharshan M P. The company has 31 employees. Pytheos Health Systems was last valued at $8.44 million in June 2021. Its Indian entity Pytheos Health Systems Private Limited reported revenue of ₹4.35 Cr. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Tracking and Monitoring. Its competitors include Muse Wearables, AyuRythm and Zivov; 3 of its 3 listed competitors have raised funding.

Company details

Pytheos Health Systems was established in 2016 in Bengaluru, India, within the digital health sector. Operations are conducted through two primary brands, Human Fractal and Health Nerve. Personalized fitness and wellness programs are offered by Human Fractal, utilizing data on metabolic indicators and body composition from wearables and sensors. Chronic and post-operative care are managed by Health Nerve, integrating health data for real-time remote monitoring with medical-grade sensors.

  • Headquarters Bengaluru, India
  • Employees 31
  • Founders Srinivasa Vivek Jothiprakasam, Vikas Gupta, Vignesh Babu J
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website pytheoshealth.com
  • Social LinkedIn X
  • Legal Name Pytheos Health Systems Private Limited
  • Date of Incorporation 29 Jun, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹4.35 Cr

    FY 2024 · -13% YoY

  • Net Loss
    -₹3.75 Cr

    FY 2024 · -86% margin

  • EBITDA
    -₹2.46 Cr

    FY 2024 · -57% margin

  • Total Equity Funding
    $1.88M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.04M (USD), Seed

    Jun 2021

  • Investors
  • Employee Count
    31

Funding Insights of Pytheos Health Systems

Pytheos Health Systems has successfully raised a total of $1.88M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.04 million completed in June 2021. 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 $1.88M
  • Total Rounds 5
  • Last Round Seed — $1.04M
  • First Round $163,593

    (Aug 2016)

  • Investors Count 24

All 5 funding rounds of Pytheos Health Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$1.04MSeed$8.44MArise Ventures
Jan 2020$378,821Seed$3.76MAmit Midha
Jan 2019$141,893Angel Round$•••••Amit Midha
Mar 2018$154,007Angel Round$•••••‪Sivakumar T
Aug 2016$163,593Angel Round$•••••Arpitha Sadananda
Valuation history
DateValuationStage
Jun 2021$8.44M••••••••
Jan 2020$3.76M••••••••
Jan 2019$•••••••••••••
Mar 2018$•••••••••••••
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Full valuation and stage history of Pytheos Health Systems

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Last known valuation $8.44M (Jun 2021). 24 investors in total: 2 institutional and 22 angel.

Investors in Pytheos Health Systems

Pytheos Health Systems has secured backing from 24 investors, including angel and institutional investors. Prominent investors backing the company include Utopian Healthcare, Amit Midha and Sudharshan M P.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Diversified management consulting services are offered to various clients.
Offers sleep clinic services, diet consultations, online health courses, and telehealth platforms.
2003utopianhealthcare.comChennai, India

Amit Midha

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Sudharshan M P

unknown_db8198469e6843cb9

Janardhanan Varadharaju

unknown_3b93110b23904cbab

Ashwin S

Angel investor and tech enthusiast, supporting early-stage Indian startups
unknown_b1c1edda572042c9a

Janardhanan Varadharaju

unknown_7fac60c0546b45268

Arun Kalyanasundaram

unknown_e74e228d222248e7a

Spoorthi Prasad Arun

unknown_589c33f80ac448088

T V Subbaiah

unknown_500ef43461dc4738b
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Investor details for Pytheos Health Systems

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Board of directors of Pytheos Health Systems Private Limited (Pytheos Health Systems)

Pytheos Health Systems Private Limited is the primary company behind Pytheos Health Systems. The board of Pytheos Health Systems Private Limited currently have 2 directors; the longest-serving is Jothi Prakasam Srinivasa Vivek, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jothi Prakasam Srinivasa Vivek
DIN 07538353
Director29 Jun 201610 yrs 4 moPytheos Health Systems Private Limited
Nallathambi Muruganandam
DIN 07538354
Director29 Jun 201610 yrs 4 moPytheos Health Systems Private Limited

People of Pytheos Health Systems

3 people are tracked at Pytheos Health Systems (3 in leadership); the tracked headcount is 31.

NameRoleGroup
Srinivasa Vivek Jothiprakasam
Co-FounderLeadership
Co-FounderLeadership
Vignesh Babu J
Co-FounderLeadership
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Financials of Pytheos Health Systems

Figures of Pytheos Health Systems Private Limited, the primary company behind Pytheos Health Systems, for FY 2024. Revenue was ₹4.35 Cr (-13% year on year). Net loss was -₹3.75 Cr (-86% margin). EBITDA was -₹2.46 Cr (-57% margin). Revenue has grown at a compounded annual rate of +55% over three years and +77% over five years.

  • ₹4.35 CrRevenue · FY 2024 · -13% YoY
  • -₹3.75 CrNet loss · -86% margin
  • -₹2.46 CrEBITDA · -57% margin
  • ₹2.2 LakhPaid-up capital
  • 31Employees (provident fund records)
  • +55%Revenue CAGR, 3 years
  • +77%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pytheos Health Systems Private Limited are on its company page.

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Detailed financial statements for Pytheos Health Systems

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Timeline of Pytheos Health Systems

4 dated milestones of Pytheos Health Systems across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pytheos Health Systems is founded.
  2. Funding First funding round of $164K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.0M.

Competitors of Pytheos Health Systems

Pytheos Health Systems has 3 listed competitors in our database, 3 of them funded. They include Muse Wearables, AyuRythm and Zivov.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
musewearables.com2015Chennai, India$4.93M24
Smartwatch and app for fitness and nutrition tracking are developed.
ayurythm.com2018Bengaluru, India$1.03M
Mobile app offering personalized wellness recommendations based on health parameters
zivov.com2020Delhi, India$264,163
AI-based chronic care platform is provided for patients and doctors.
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Detailed competitors of Pytheos Health Systems

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Top companies in Fitness & Wellness Platforms

2 companies that operate in the same segment as Pytheos Health Systems (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 716.99 M1,832
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
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Related news about Pytheos Health Systems

Pytheos Health Launches Resolute Active Care
Indianweb2 • 4 years ago
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Frequently Asked Questions about Pytheos Health Systems

Pytheos Health Systems was founded in 2016.

Pytheos Health Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Pytheos Health Systems is a funded company, having raised a total of $1.88M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $163.59K, raised on Aug 2016.

Pytheos Health Systems has 31 employees.

The primary company behind Pytheos Health Systems, Pytheos Health Systems Private Limited, reported revenue of ₹4.35 Cr for FY 2024, down 13% year on year.

Pytheos Health Systems was established in 2016 in Bengaluru, India, within the digital health sector. Operations are conducted through two primary brands, Human Fractal and Health Nerve. Personalized fitness and wellness programs are offered by Human Fractal, utilizing data on metabolic indicators and body composition from wearables and sensors. Chronic and post-operative care are managed by Health Nerve, integrating health data for real-time remote monitoring with medical-grade sensors.

Pytheos Health Systems's top competitors include Muse Wearables, AyuRythm and Zivov.

Pytheos Health Systems has 24 investors. Key investors include Utopian Healthcare, Amit Midha, Sudharshan M P, Janardhanan Varadharaju, and Ashwin S.

The valuation of Pytheos Health Systems is $8.44M as of Jun 2021.

Pytheos Health Systems operates through Pytheos Health Systems Private Limited.

The legal entities of Pytheos Health Systems currently have 2 directors, including Jothi Prakasam Srinivasa Vivek, Nallathambi Muruganandam.

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