Metabolism measurement platform Lumen, has raised US$62 million in a series B funding round led by Pitango Venture Capital. Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital and Disruptive VC.
Having integrated with Garmin and the Apple Watch app last year, as well as Google Fit, the metabolic health company its expanding its handheld device to measure metabolism through the breath. Lumen also provides daily personalized nutrition and lifestyle guidance to each user based on their metabolic profile.
“Understanding the impact of nutrition, exercise, sleep and stress on your metabolism is key to reaching your health goals,” said Daniel Tal, CEO and Co-Founder of Lumen.
“One of the things we’re most excited about is enabling people to take care of the ‘engine of the body’, which is our metabolism. Over the last year, Lumen customers discovered what types of foods they should be eating and what habits they should change or maintain. It’s been incredible to see the impact Lumen has had on so many people in such a short period of time.”
Lumen reports more than 2 million monthly metabolic measurements are conducted via its platform, when traditionally these may have only been available in hospitals & clinics via a 45 minute, expensive lab test.
Going forwards, the new investment will enable the company to:
- Reach more communities in the US and globally
- Expand its personalized nutrition and lifestyle guidance solution for consumers
- Continue to support research partnerships with academic institutions
“Until now, studying metabolism with the standard equipment was challenging for both researchers and participants,” said Dr Merav Mor PhD, Chief Scientist and Co-Founder at Lumen.
“The data collection was minimal and would require participants to come to a clinic for each measurement and a practitioner to analyze the results. Now researchers can easily collect multiple data points from participants and build more complex research protocols that unveil new physiological findings.”
Mor continued, “We share our big data and insights with our research partners to benefit our users and contribute to the scientific community, which is why they’re excited to work with us. For example, we share insights around food timing and workouts, the impact of the menstrual cycle on metabolic health and even how night shifts impact our body.”
