Bevel Raises $10M Series A Funding - AI Health Companion

Understanding the Fragmented World of Personal Health Tracking

Many individuals who actively monitor their well-being often find themselves with disconnected pieces of information. Smartwatches record sleep patterns. Fitness applications track physical activity. Nutritional apps calculate caloric intake. However, few resources effectively integrate these data points to provide a comprehensive understanding.

Bevel: An AI-Powered Health Companion

Bevel, a startup located in New York, posits that this integration is crucial for the advancement of proactive healthcare. The company has successfully secured $10 million in Series A funding led by General Catalyst to broaden the reach of its AI health companion.

This funding arrives following a period of significant growth for the two-year-old health technology firm.

Rapid Growth and User Engagement

Bevel reports over eight times growth in the last year, now serving more than 100,000 daily active users. This positions it as one of the fastest-growing health applications in the United States.

Furthermore, the company notes that the average user interacts with the app eight times daily, with a retention rate exceeding 80% after 90 days – an uncommon achievement in a sector often characterized by user churn after short-term goals are met.

A Continuous Journey to Better Health

“We view health as an ongoing process, not a temporary endeavor,” stated co-founder and CEO Grey Nguyen in a recent interview. “Bevel adapts to your current state, learns from your routines, and guides you toward incremental improvements that accumulate over time.”

Why Another Health App?

Given the existing landscape of health companion brands like Whoop, Oura, and Eight Sleep, the question arises: why is another such application necessary?

Accessibility and Software-Based Solutions

According to Aditya Agarwal, a Bevel co-founder and board member, and also a partner at South Park Commons, many competing health apps necessitate the purchase and maintenance of proprietary hardware. Recognizing the cost barrier associated with these devices, Bevel aims to provide a purely software-based solution, allowing users to leverage the wearables they already possess.

“A device costing $500 or more is inaccessible to many,” Agarwal explained. “Individuals are already generating substantial health data from their existing wearables and other sources. Our goal was to create a more widely accessible product.” Bevel is offered at $6 per month or $50 per year.

Holistic Health Integration

In contrast to wellness apps that typically concentrate on a single aspect – such as steps, sleep, or nutrition – Bevel consolidates these elements into a unified experience.

It seamlessly integrates with Apple Watch and other popular wearables via Apple Health, and directly synchronizes with continuous glucose monitors like Dexcom and Libre. Support for Garmin devices and further integrations are currently under development.

Bevel Intelligence: Personalized Insights

This wealth of data is processed by Bevel Intelligence, the company’s core software, which analyzes information and tailors recommendations to each user, understanding how their body reacts to stress, activity, and dietary choices.

The Origin Story: From Pain to Innovation

Bevel’s inception stemmed from a personal experience with discomfort.

Prior to founding the company in late 2023, Nguyen, formerly a product leader at Campus (backed by Sam Altman), and co-founder/CTO Ben Yang, with a background in machine learning at Opendoor, were developing stablecoin infrastructure for businesses. The demanding nature of startup life led Nguyen to neglect his health, resulting in chronic back pain that remained undiagnosed for months despite utilizing wearables and consulting physicians.

“Despite using tracking devices and seeing doctors, the cause of my back pain remained elusive,” he stated. “This realization highlighted the complexity of individual health. Numerous small factors accumulate over time and can contribute to chronic conditions.”

Nguyen discovered that by analyzing his health data – including sleep, nutrition, and activity levels – he identified a combination of factors contributing to his pain. Prolonged sitting, inadequate mattress support, and a diet high in sodium all played a role.

Agarwal, previously CTO at Dropbox and an early engineer at Facebook, also underwent a personal health transformation after years of intense work led to burnout. He found that manually tracking his data – through spreadsheets and connected devices – was instrumental in restoring his energy levels.

Upon learning about Yang and Nguyen’s work on Bevel, Agarwal recognized a shared vision and joined the team as a co-founder and board member.

“We were united by a common goal: empowering individuals to gain deeper insights into their own health,” Agarwal explained. He is also a partner at South Park Commons, which, alongside General Catalyst, contributed $4 million in seed funding to Bevel earlier this year.

Future Growth and Expansion

Equipped with new funding and a commitment to remaining software-focused, Bevel plans to expand its team and introduce additional health services and partnerships to enhance access to proactive healthcare.

“Bevel’s dedication to democratizing health through intelligence and thoughtful design strongly aligns with our values,” said Neeraj Arora, managing director at General Catalyst. “The level of user engagement is exceptional, and Bevel has become an integral part of people’s daily routines – far more than just another app.”