About Yoomi
Yoomi is a company based in New York (United States) founded in 2020 by Joseph Whelan, Jack Fan, and Ben Catania was acquired by Raintree Systems in January 2025.. Yoomi has raised $310 thousand across 1 funding round from investors including Raintree. Yoomi operates in a competitive market with competitors including Prescribe Fit, Enabled Health, Intelizen, Humeral Technologies and Copper Health, among others.
- Headquarter New York, United States
- Founders Joseph Whelan, Jack Fan, Ben Catania
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$310 K (USD)
in 1 rounds
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Latest Funding Round
$310 K (USD), Seed
Jul 26, 2023
- Investors
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Employee Count
Employee Count
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Acquired by
Raintree Systems
(Jan 24, 2025)
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Funding Insights of Yoomi
Yoomi has successfully raised a total of $310K through 1 strategic funding round. The most recent funding activity was a Seed round of $310 thousand completed in July 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 1
- Last Round Seed — $310,000
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First Round
First Round
(26 Jul 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Yoomi | Valuation |
investors |
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| 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 Yoomi
Yoomi has secured backing from 1 investor. Prominent investors backing the company include Raintree. 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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Practice management and EMR solutions for healthcare are provided.
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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 Yoomi
| 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 - Yoomi
| 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 |
Yoomi Comparisons
Competitors of Yoomi
Yoomi 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 Prescribe Fit, Enabled Health, Intelizen, Humeral Technologies and Copper Health, 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 |
Online platform offering fitness guidance
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| domain | founded_year | HQ Location |
AI-based mobility therapy solutions are offered by Enabled Health.
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| domain | founded_year | HQ Location |
An integrated telerehabilitation system is provided for patient therapy support.
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| domain | founded_year | HQ Location |
Biomedical devices for mobility assessment and rehabilitation are provided.
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| domain | founded_year | HQ Location |
AI platform for remote therapeutic monitoring in physical therapy practices.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Yoomi
When was Yoomi founded?
Yoomi was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Yoomi located?
Yoomi is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Yoomi?
Ben Catania is the current CEO of Yoomi. They have also founded this company.
Is Yoomi a funded company?
Yoomi is a funded company, having raised a total of $310K across 1 funding round to date. The company's 1st funding round was a Seed of $310K, raised on Jul 26, 2023.
What does Yoomi do?
Yoomi was founded in 2020 in New York, United States, and operates in the health technology sector. A remote monitoring platform is offered for physical rehabilitation, where patients are tracked through sensors and artificial intelligence algorithms. Home exercise data is analyzed to support guidance during rehabilitation programs. Services are delivered digitally to enable remote oversight of patient progress in a clinical context.
Who are the top competitors of Yoomi?
Yoomi's top competitors include Prescribe Fit, Enabled Health and Painzio.
Who are Yoomi's investors?
Yoomi has 1 investor. Key investors include Raintree.