Undermyfork, a diabetes tracking app designed to help people with the disease improve "time span" and better manage their condition, has raised $ 400,000 in seed money.
The investment comes from AltaIR Capital, AltaClub and Runa Capital . The former company of Mike Ushakov, co-founder of Undermyfork, Metabar (maker of the browser add-on Sovetnik) was also backed by Runa before it was acquired by Yandex a few years ago.
The Undermyfork app combines food photos with glucose data from a CGM (Continuous Glucose Monitor) device. The aim is for users to be able to correlate meals with changes in blood sugar levels. Specifically, it focuses on "time in range" – the percentage of time a person spends with their blood sugar levels in a target range, which is considered the most important metric in modern diabetes management.
“With our app we want to help people with diabetes to correct their lifestyle and eating habits and to improve their time span,” says Ushakov. “Undermyfork is now a very simple tool: it combines photos of meals and insulin data with glucose data, and allows users to clearly see which meals are driving them out of the safe blood sugar range.
“We help people with diabetes not only see their blood sugar data, but also interpret it and draw useful conclusions that could improve their lives. You can say it's like "google analytics for blood sugar". "
In a broader sense, Undermyfork is betting that continuous glucose monitors will replace traditional blood glucose meters with fingerprints in the coming years. The strategy is to establish itself as the standard companion app for CGMs. To do this, however, CGM-generated data must be accessed.
“Undermyfork relies on CGM data, so we need the partners who can provide us with this data,” explains Ushakov. "This month, at the same time we closed our round, we partnered with Dexcom, the leading CGM manufacturer in the US. We now have access to Dexcom's retrospective API, which allows users to transfer data directly from their Dexcom cloud to the Undermyfork app. "
This also sets up Undermyfork for a launch in the USA. It is noteworthy that the team, which is largely based in Europe, is completely remote. Ushakov is in Amsterdam, co-founder Eugene Molodkin is in St. Petersburg and other team members are in Germany, the Netherlands, Russia, Slovenia and Israel.