AI Health Hits £30m Valuation Prior To Launch Of Health & Fitness Apps


(MENAFN- GetNews)

AI health Ltd a London based UK 'Bio-Health & fitness Technology' developer currently set to launch a set of intelligent, evidenced, validated and real-time data apps in 2022; 

The company has spent the past seven years in deep R & D with the support of Apple, leading UK academic institutions, and branded a 'breakthrough in science and technology by the UK government and EU innovation governing bodies. 

The company recently secured investment funding from VP capital at a pre-cap company valuation of £30m which is forecasted to rise to £50m by 2022 and £100m by the summer of 2022 through the current and rapid scaling of the business. 

AI Health founder and serial award-winning entrepreneur Scott Alexander (LLB) who self-funded the majority of the business and heads innovation & operations at AI Health explains“By embracing automation and one of its enablers, artificial intelligence, we have developed software that offers measurable physiological and health benefits that can be received across communities. We aim to help millions of people gain a better understanding and more control of their bodies, so they can make thoughtful choices about the way they train, eat, move, and live”.

The 3 health and fitness mobile apps which the company plans to release to a global market are powered by its unique and intelligent database matrix hub, which AI Health describes as a purposefully innovated platform that provides all app data calculations, algorithms, and API in real-time. 

The 3 artificially intelligent and validated apps soon to hit the market are; 

AI Fitness – an app for cardiovascular training, that successfully employs preventive, personalised and participatory coding logic to deliver users with an individualised, real-time guided coach experienced with in-depth performance analysis. 

AI Coach – an app for professionals, hosting evidence-based protocols and flows, real-time data synchronisation to clients, and cutting edge design and administration features; bridging the gap for personal trainers, coaches, medical professionals who seek to optimise remote servicing, evidenced and adaptive practice and revenue scalability. 

AI Health – an app for the Apple Watch that gives users a bio-health status and insights through 24/7 measurement of cardiac, oxygen, activity, and sleep metrics; along with a key metabolic tracker and hacker that guides users on their fat and carbohydrate fuel and availability.

AI Health's Head of Human Performance Tom Middlebrough (MSc) explains“Through our individualised approach to technology which utilises medical-grade testing, physiological targeted based training and functional outcome monitoring; AI Health hosts the capacity to be a front line affordable and efficient tool for preventable metabolic illness, health optimisation, and longevity”. 

Alexander offers“The company has reached its milestone target of POC (Proof of Concept), giving it the ability to rapidly expedite additional in-app features, build out new apps across different sectors, provide evidence of data accuracy suitable for that of insurance or medical/pharmaceutical research fields, and support the scaling of its business operation”.

Founder of VP Capital Vishal Pancholi and newly appointed Financial Director of AI Health states“Helping investors generate substantial returns for their portfolios through sustainable, purpose-led projects remains VP Capital's aim. VP Capital takes great steps to ensure it is aligned with the United Nations 17 Sustainable Development Goals and combines sustainable projects with a strong business approach to help investors leave a positive lasting legacy on the planet”.

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