Digital Asset DirectSpring Renewal
News Media Group, Inc.
Contact Details News Media Group Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/
March 25, 2024 01:47 PM Eastern Daylight Time
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Digital Asset Direct
News ReleaseAn Inherited Condition Could be the Cause of Your Early Heart Disease or Stroke, But Your Doctor is Probably Not Testing for It
YourUpdateTV
A video accompanying this announcement is available at: https://youtu.be/Y_mu9ZpIO88 Heart disease is still the single biggest threat to American health today. Family Heart Foundation research shows that less than 5% of Americans are being screened for the most common, life-threatening genetic condition that causes early strokes and heart attacks – elevated Lipoprotein(a) or Lp(a) for short. Elevated lipoprotein(a) is the most common genetic cause of early heart disease and stroke. One in 5 people worldwide have inherited high Lp(a), and most don’t know it. You inherit your Lp(a) level from your parents. Because elevated Lp(a) isn’t screened for, the first sign of this condition may be a stroke or a heart attack. Elevated levels of Lp(a) increases the risk of blood clotting and plaque buildup inside the blood vessels, which can block the flow of blood and oxygen to your heart and brain. Compared to the general population, people with elevated Lp(a) have 2-3 times the risk for a heart attack and stroke at a young age. The higher your Lp(a), the higher your risk. Lp(a) is not measured in the standard cholesterol panel. It’s important to understand if you have elevated Lp(a). Multiple therapies are in development but in the meantime, there are things you can do to manage your other cardiovascular risk factors, such as keeping your LDL cholesterol levels very low. The Family Heart Foundation can help you find a healthcare provider near you and connect you to others living with elevated Lp(a). The Family Heart Foundation is the only patient-centered, research and advocacy organization focused on addressing the lack of screening and care for people born and living with this common life-threatening condition. On March 20 th a nationwide media tour was conducted featuring Dr. Amit Khera, Professor and Director of Preventive Cardiology UT Southwestern Medical Center and Misty Votaw. Topics they discussed included: Who should have their Lp(a) measured and when. Misty’s story and how the Family Heart Foundation provided resources. If you have elevated Lp(a), what can you do to reduce your risk of heart disease and stroke. What the Family Heart Foundation is doing to address gaps in care for 60 million Americans at risk. For more information and to find out if you have elevated Lp(a), contact the Family Heart Foundation’s Care Navigation team at FindLpa.org. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
March 25, 2024 01:13 PM Eastern Daylight Time
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News ReleaseConsumer Staples Sector ETF XLP: The Essential Goods Market can be a Strategic Investment
Select Sector SPDR
The Consumer Staples Select Sector SPDR Fund (XLP) is pleased to provide an update on its portfolio composition, offering investors a unique opportunity to gain exposure to the consumer staples sector. The ETF offers an appealing option for investors looking to implement a sector rotation strategy or tilt their portfolio towards defensive assets. This sector includes companies involved in the development and production of essential consumer products such as food and drug retailing. Currently, XLP's top holdings* include a comprehensive list of well-known stocks from industry-leading companies: Procter & Gamble (14.76%) Costco Wholesale (12.97%) Coca-Cola (9.20%) PepsiCo (8.96%) Walmart (4.94%) Mondelez Int’l (4.36%) Philip Morris Int’l (4.18) Altria (3.28%) Colgate-Palmolive (3.23%) Target (3.20%) These companies represent a cross-section of the consumer staples sector, providing goods and services that consumers use on a daily basis. As such, these companies can offer stability during times of economic uncertainty, making XLP a potential strategic investment option. XLP has consistently provided precise exposure to companies from consumer staples distribution and retail, household products, food products, beverages, tobacco, and personal products sectors. With total net assets of over $15 billion, XLP continues to be a significant player in the ETF market. The XLP's strategy of investing in companies that produce essential consumer products has proven to be a consistent approach. Its holdings are composed of industry-leading companies that have a strong presence in the consumer staples sector. This makes XLP a potentially robust and resilient investment option, even during challenging economic conditions. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 2/29/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007375 EXP 4/30/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/
March 22, 2024 05:00 AM Eastern Daylight Time
News ReleaseMonster Energy Unveils New Java Monster Irish Crème Flavor in Spectacular Fashion at Chicago’s St. Patrick’s Day Celebrations
YourUpdateTV
Monster Energy, the brand synonymous with exhilarating energy drinks, has once again taken innovation and celebration to the next level. In an unforgettable display of excitement and flavor, Monster Energy proudly introduced its latest creation, Java Monster Irish Crème, amidst the vibrant festivities of Chicago's St. Patrick's Day parade. In a city renowned for its spirited St. Paddy’s celebrations, Monster Energy went all out to ensure the launch of Java Monster Irish Crème was as memorable as the legendary patron saint himself. The Chicago River gleamed a brilliant emerald, mirroring the lively spirit of the day, thanks to Monster Energy's participation in the annual river-dyeing tradition. But the spectacle didn't stop at the water's edge. The streets of Chicago were alive with the roar of the Java Monster truck, a behemoth of energy making its way through the parade. Decked out in striking Monster Energy branding and the bold, irresistible allure of the new Java Monster Irish Crème flavor, the truck was the beating heart of the giant green serpentine procession… a serpent even St. Patrick would have allowed back into Ireland! Adding to the day's excitement, the Monster Energy team, alongside the enchanting Monster Girls and a particularly mischievous leprechaun, traversed the parade route. Their mission was clear and delightfully received: to gift thousands of eager parade-goers with cans of the new Java Monster Irish Crème. This creamy, dreamy addition to the Java Monster lineup is infused with the rich, smooth taste of Irish crème, promising an invigorating energy boost with every sip. "The launch of Java Monster Irish Crème is not just about introducing a new flavor; it's a celebration of innovation, energy, and community," said Dan McHugh, CMO at Monster Energy. "We're thrilled to share this moment with the city of Chicago and to bring a taste of Irish tradition to the Java Monster family. This new flavor is our way of paying homage to the vibrant energy of St. Patrick's Day, and we couldn't think of a better place to do that than in the heart of the celebration here in Chicago." As the festivities continued, a wrapped Monster Energy boat made its way along the now-green Chicago River, turning heads and drawing cheers from the crowd. The vibrant Monster Energy and Java Monster branding stood out against the festive backdrop, creating a memorable spectacle that perfectly encapsulated the spirit of the day. Monster Energy is excited for consumers nationwide to experience the unique blend of premium coffee and Monster’s energy blend with the delicious taste of Irish crème. The Java Monster Irish Crème is now available wherever Monster Energy drinks are sold. Join us in celebrating this thrilling new addition to the Monster Energy family. Here's to a future filled with energy, excitement, and the incomparable taste of Java Monster Irish Crème… sláinte! # # # About Monster Energy: Based in Corona, California, Monster Energy is the leading marketer of energy drinks and alternative beverages. Refusing to acknowledge the traditional, Monster Energy supports the scene. Whether motocross, off-road, NASCAR, MMA, BMX, surf, snowboard, ski, skateboard, eSports or the rock and roll lifestyle, Monster Energy is a brand that believes in authenticity and the core of what its sports, athletes, gamers and musicians represent. More than a drink, it's the way of life lived by athletes, bands, believers, and fans. See more about Monster Energy including all of its drinks at www.monsterenergy.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
March 21, 2024 01:06 PM Eastern Daylight Time
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News ReleaseCOMCAST PROMOTES FOUR NEW LEADERS IN MIDWEST REGION
Comcast Twin Cities
Comcast has announced the promotion of four new leaders in its Midwest Region: Karly Baraga Werner, Vice President of External Affairs, Rob Patterson, Vice President of Comcast Business, Robin Perman, Vice President of Customer Experience and Human Resources, and Megan Mason, Vice President of Finance and Business Operations. “I am excited to welcome these four talented executives into the Comcast Midwest leadership team,” said Kalyn Hove, Senior Vice President, Comcast Midwest Region. “Their combined experience within the company will be invaluable as we continue to expand our services across the Midwest Region and connect our customers to what matters most. These leaders represent the commitment and investment Comcast makes in the development and advancement of our people and women in leadership.” These leadership promotions bring together nearly 45 years of collective experience working with customers, businesses, community partners, and colleagues across the company to Comcast’s Midwest Region. Karly Baraga Werner moves into the role of Vice President of External Affairs from her previous position as the Midwest Region’s Senior Director of Government and Regulatory Affairs. Karly will be responsible for shaping and promoting the Comcast brand while fostering relationships in the communities the company serves. Karly joined Comcast and the Midwest Region in 2012. Prior to joining Comcast, Karly worked in private practice, serving as legal counsel to telecommunications companies for nearly a decade. Rob Patterson is a seasoned sales leader with experience leading Enterprise Sales teams in two large markets. In his new role as Vice President, Comcast Business, Rob will lead, manage and develop the Midwest’s Comcast Business team to achieve sales, revenue and P&L objectives. In addition, he will be responsible for creating and maintaining a best-in-class employee and customer experience. He was previously Senior Director, Comcast Business, in the Florida Region. He joined Comcast in 2014 in the Indianapolis market as an Enterprise Sales Manager. Vice President of Customer Experience and Human Resources, Robin Perman was promoted from Senior Director of Human Resources in Comcast’s West Division. In this new role, Robin will be responsible for overseeing all aspects of Human Resources, Environmental Health & Safety, Employee Engagement, Internal Communications, and Customer Experience. Robin has been with Comcast since 2017. Megan Mason joins the Midwest Region as Vice President of Finance and Business Operations. In this position, she will support financial planning and analysis, capital management, project management, supply chain operations, and risk assurance. Most recently, she was the Vice President of Finance supporting network expansion for the West Division and led Finance for the former Oregon/SW Washington Region. Previously, she held Director and Senior Director positions for the West Division, Midwest and Mountain West Regions. Megan has more than 15 years of experience in the telecom industry. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Corporation Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://midwest.comcast.com/
March 21, 2024 07:00 AM Central Daylight Time
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News ReleaseComcast Continues Major Fiber Network Expansion in Texas
Comcast Texas
Comcast announced today it will continue to significantly expand its next-generation Xfinity network across several southeast Texas counties in 2024. The media and technology company will invest more than $265 million to install more than one thousand miles of new fiber-rich highways that will reach more than 100,000 homes and businesses by the end of this year. The planned expansions add to Comcast’s ongoing $3 billion investment in Texas over the last three years. Comcast’s fiber network expansion in 2024 will begin in the cities of Conroe, Montgomery, Hempstead, Porter, Navasota and Cleveland. Construction will also continue in other communities that have ongoing network infrastructure projects in the Houston area. Conroe, parts of which already have access to Xfinity and Comcast Business services, will be the largest expansion area of the year — reaching approximately 20,000 additional homes and businesses. These locations will have the foundational next-generation network in place to begin deploying DOCSIS 4.0, setting the stage for the introduction of new symmetrical multi-gigabit Internet options. “Reliable high-speed internet is essential in today’s digital economy, which is why Comcast continues its commitment to connect more southeast Texas families and businesses to the moments that matter most,” said Jose Espinel, Comcast Texas’ Regional Senior Vice President. “We are expanding our fiber highways in Montgomery, Waller, Grimes and Liberty counties, strategically investing in areas undergoing significant growth. By establishing the best broadband infrastructure today, we are securing the economic prosperity of these communities for tomorrow.” Comcast’s commitment to new communities goes beyond the build-- addressing digital opportunities in communities through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the Internet and build futures of unlimited possibilities. Last year, Comcast Texas invested more than one million dollars to help local community organizations provide hands on digital skills training, offer workforce development/readiness workshops and other tech education to students, adults and people with disabilities. The funding also supports ongoing efforts to build awareness about affordable connectivity services like Internet Essentials, which offers eligible households high-speed internet for $9.95/month or Internet Essentials Plus for $29.95/month. Affordable computers are also available through Internet Essentials. For more construction details and updates, visit ComcastTexas.com/Expansion. Powered by Xfinity Comcast’s network and Internet experience are powering homes today and into the future. Ultimate Capacity: Xfinity customers connect more than 1 billion devices across the company’s network annually. With the next-generation Xfinity gateways we deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products. Recently Comcast connected the first customers in the world to a DOCSIS 4.0 connection, delivering symmetrical gig speeds over existing connections in customers’ homes with plans to continue to rollout these speeds across the country over the coming years. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful WiFi Boost Pod that extends coverage to hard-to-reach areas of the home. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network that passes 62 million homes and business and counting. The company launched Storm-Ready WiFi, a new device that comes powered with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. The Xfinity network is also self-monitoring and uses AI to detect potential problems before they arise, delivering a reliable connection that is up and running in customers’ homes 99% of the time. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Ookla’s Speedtest TM Market Index report shows that Xfinity delivered the fastest median download speeds to its Internet customers in the United States for the final quarter of 2022. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Taisha Walker +1 832-942-1131 Taisha_Walker@comcast.com Company Website https://houston.comcast.com/
March 21, 2024 06:00 AM Central Daylight Time
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News ReleaseReport Reveals Alarming Number of Infants & Toddlers Experiencing Homelessness in the U.S.
SchoolHouse Connection
Washington, DC, March 20, 2024 | Today, national non-profit SchoolHouse Connection releases "Infant and Toddler Homelessness Across 50 States: 2021-2022," the most comprehensive analysis to date of homelessness among the nation's youngest children. This report offers the first-ever state-by-state collection of data on infant and toddler homelessness and provides detailed recommendations for policymakers and communities alike. “For the first time, we are able to shine a light on the extent of homelessness among infants and toddlers in all 50 states, as well as the gaps in their access to early childhood development programs," said Barbara Duffield, Executive Director of SchoolHouse Connection. "We urge practitioners and policymakers alike to dig into these data and take action, so that we can prevent long-term harm and interrupt cycles of homelessness that may start at the very beginning of life.” Drawing on an extensive analysis of federal and other available data, the report estimates that nearly 365,000 infants and toddlers experienced homelessness during the 2021-2022 program year across the United States. Alarmingly, the report found that only 11% of these children were enrolled in early childhood development programs, with enrollment rates varying significantly by state. "Early childhood development programs offer a wide range of support for infants, toddlers, and families who are homeless, from essential supplies like diapers and hygiene products, to services that counter the impact of homelessness on child development," said Erin Patterson, Director of Education Initiatives of SchoolHouse Connection. "These programs also facilitate vital connections to both short- and long-term housing solutions. We must redouble our efforts to ensure that every expectant parent, infant, and toddler experiencing homelessness receives access to these essential services." The report concludes with a call to action, offering targeted recommendations for state and federal policymakers to increase the identification of homeless families with infants and toddlers and to improve their access to critical early childhood development services and housing supports. The report also includes practical strategies for early childhood development programs that can be implemented immediately. A link to the report, including methodology, can be found here. About SchoolHouse Connection SchoolHouse Connection is a national non-profit organization working to overcome homelessness through education. We provide strategic advocacy and practical assistance in partnership with schools, early childhood programs, institutions of higher education, service providers, families, and youth. Our vision is that children and youth experiencing homelessness have full access to quality learning, birth through higher education, so they will never be homeless as adults, and the next generation will never be homeless. To learn more, please visit schoolhouseconnection.org. SchoolHouse Connection is a national non-profit organization working to overcome homelessness through education. We provide strategic advocacy and practical assistance in partnership with schools, early childhood programs, institutions of higher education, service providers, families, and youth. Our vision is that children and youth experiencing homelessness have full access to quality learning, birth through higher education, so they will never be homeless as adults, and the next generation will never be homeless. To learn more, please visit schoolhouseconnection.org. Contact Details Barbara Duffield, (202) 549-7668 +1 202-549-7668 barbara@schoolhouseconnection.org Company Website https://schoolhouseconnection.org/
March 20, 2024 08:25 AM Eastern Daylight Time
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News ReleaseBasketball Forever Secures $4 Million in Series A Funding on Heels of North American Launch
Basketball Forever
Basketball Forever, one of the fastest growing and most engaged independent sports content brands in the world, announced a Series A funding totaling over $4 million USD. The round was led by Yolo Investments and also included Astralis Capital Management, Andover Ventures, Seth Young of FSG Digital and GMA Consulting, former Pinnacle Sports CEO and current betting and gaming advisor Paris Smith, David Sargeant of iGaming Ideas, Chris Grove of Acies Investments and Benjie Cherniak of Avenue H Capital. Having recently established a North American office, Basketball Forever plans to use the funds to accelerate growth by increasing its efforts to acquire a bigger audience in the region, expand into other verticals beyond basketball and deepen its roster of free and real money games. “This investment from so many leaders and well-respected voices in the sports betting and gaming space is illuminating,” said Alex Sumsky, CEO and co-founder of Forever Network. “It shows that not only is Basketball Network going down the path of profitability as a media company, but that expanding into sports betting and daily fantasy is the right move. Gamifying the sport media experience is the future. This capital will help us explore that vertical more, grow our North American staff and invest time in making our user experience the best on the market.” Since it operates each game, Basketball Forever can seamlessly weave marketing collateral and calls to action into content across its website and social media, offering an unappareled second screen offering. This creates a genuine experience for its users, helping establish a community that continuously comes back for more. This was proved during NBA All-Star Weekend when Basketball Forever launched its first North American focused game Hot Hands, a live action, free-to-play bingo-style game. The game saw more than 10,000 users claim more than 35,000 squares on the first offering of the game. Basketball Forever’s stable of games also includes free-to-play games V.O.A.T. and Streaker, with real-money versions of the games on the horizon. “It’s impossible to ignore what Basketball Forever has done to build a massively engaged audience,” said Tim Heath, Founder and General Partner at Yolo Investments. “Their ability to then create a bridge between its users and the games it creates is invaluable. We feel like Basketball Forever’s continued venture into sports betting in the North American market will establish them as not just leaders in the space, but as a model for other media companies to follow for years to come.” Founded in 2015, Basketball Forever is a digital media platform creating news and content on the global basketball market. For more than a decade, the company has built its brand organically from Australia, amassing a monthly global audience of more than 110 million unique visitors. According to Comscore’s Shareablee score, Basketball Forever is the most engaged sports publisher amongst millennials. Previously, all of its partners, sponsors and development efforts focused on the Australian market, even though the platform reaches 45 million unique visitors per month from the United States alone. In 2023, the company drew 4 billion impressions across all its social channels. ABOUT BASKETBALL FOREVER Basketball Forever was founded in 2015 with a mission to celebrate the game and embrace its ability to unite people from all over the world. The brand reaches millions globally as the best source of breaking news, commentary, rumors, and culture through a uniquely social-first approach, bringing the best content to the consumer and removing the barriers between the creative and the consumer. For more information and to subscribe, please visit: ForeverNetwork.com Contact Details Sterling Randle +1 801-319-6153 sterling.randle@gmail.com Company Website https://basketballforever.com/
March 20, 2024 08:01 AM Eastern Daylight Time
News ReleaseUltrahuman Raises $35mn to accelerate growth and research in the health monitoring space
Ultrahuman
The pioneer in wearable tech Ultrahuman has today announced a $35 million equity and debt investment round. The series B funding round saw participation from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners and Zomato founder Deepinder Goyal. Ultrahuman will deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space. "This funding round marks a pivotal step forward in our journey to dominate the smart rings space, bringing us closer to our goal of being the market leader" remarked Mohit Kumar, co-founder of Ultrahuman. Ultrahuman is at the forefront of the health-tech revolution, boasting the world's largest and only multi-device health ecosystem. In addition to their smart ring called Ring Air, the Ultrahuman product suite includes a continuous glucose monitoring wearable called M1 Live, a home health device called Ultrahuman Home and a preventive blood testing product called Blood Vision. Their platform integrates glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring. "The future of health is integrated, and at Ultrahuman, we're making that future a reality today by seamlessly combining various health data streams to empower preventative health and wellness," said Mohit Kumar. Ultrahuman has seen phenomenal growth over the past 12 months, becoming the second-largest player in the smart ring market while maintaining profitability. "Our vision of being the top player in terms of both active devices and geographic presence is within reach, thanks to our rapid expansion and the love we've received from our users," added Mohit Kumar. A key driver of Ultrahuman's explosive growth has been its expansion into over 150 retail outlets worldwide, including iconic locations like London’s Selfridges on Oxford Street, Changi airport in Singapore, and the Virgin megastore in Dubai. This retail footprint expansion has been instrumental in introducing Ultrahuman's cutting-edge technology to a global audience. "Our growth is a testament to the user love for our products, highlighted by industry-leading NPS and engagement metrics since the launch of our latest model, the Ring Air. Our relentless focus on improving user experience through continuous firmware and software updates is what sets us apart," Mohit Kumar emphasized. "Shipping a new firmware version every 2 weeks and weekly app improvements reflect our commitment to excellence and our speed of execution, our biggest competitive advantage. We’ve also iterated in hardware at the speed of software by designing novel devices like Ultrahuman Home, a home health monitor.” Looking ahead, Ultrahuman is on track to surpass $100 million in annualized revenue run rate (ARR) by the end of 2024, a milestone that will be achieved profitably. "Our ability to make long-term manufacturing investments, supported by our profitability, is unique in the smart rings market," Mohit Kumar noted. UltraFactory, a recent addition of a new manufacturing facility, is capable of supporting $200 million in annual revenue, a clear indication of Ultrahuman’s readiness for its next phase of growth. Ultrahuman's dedication to scientific validation and innovation is further evidenced by the completion of a clinical trial involving 105 participants, aimed at validating the ‘Metabolic Score’ generated on the Ultrahuman platform. "Our long-term investment in R&D and intellectual property is a cornerstone of our strategy, ensuring that our products not only meet but exceed the highest standards of efficacy and reliability," Mohit Kumar concluded. About Ultrahuman Ultrahuman is the world's most advanced metabolic fitness platform. Ultrahuman’s products include the Ultrahuman M1(continuous glucose monitoring sensor), the Ultrahuman Ring and Blood Vision, a preventive blood testing platform with the pioneering UltraTrace™ technology. By collating different biomarkers, Ultrahuman is helping people improve their energy levels and lifestyle, track their workout, sleep and recovery, and avoid metabolic disorders. For more information and updates on Ultrahuman, please visit ultrahuman.com or follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube. Ultrahuman was started by Mohit Kumar and Vatsal Singhal, who were also co-founders at Runnr, which later merged with India’s largest food delivery service Zomato. Mohit is an avid cyclist and a Brazilian Jiu-Jitsu enthusiast. Vatsal is a cross-fit enthusiast. Mohit was training at one of the largest MMA Camps in the world (Tiger Muay Thai in Thailand). During his training, he observed athletes train smartly via the usage of data, recovery tools and protocols. About Nexus Venture Partners Nexus Venture Partners is a prominent venture capital firm specializing in early-stage investments. They focus on technology-driven startups across various sectors. With a successful track record, Nexus has supported numerous innovative companies in their growth journey. About Blume Ventures Blume Ventures is an India-based venture capital firm known for its strategic investments in early-stage startups. Their portfolio spans diverse domains, including technology, healthcare, and consumer products. Blume’s hands-on approach and mentorship have contributed to the success of several emerging companies. About Steadview Capital Steadview Capital is an investment firm that primarily targets late-stage and growth-stage companies. Their global portfolio includes disruptive startups across industries. Steadview’s investment philosophy emphasizes long-term value creation and sustainable growth. About Deepinder Goyal Deepinder Goyal is the Founder and CEO of Zomato, a leading food delivery and restaurant discovery platform. Under his leadership, Zomato has expanded globally, revolutionizing the way people explore and enjoy dining experiences. His entrepreneurial spirit and commitment to innovation continue to drive Zomato’s success. Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.ultrahuman.com/
March 20, 2024 08:00 AM Eastern Daylight Time
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