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High Tech Series A Founded 2020

Elfie

Elfie operates a free digital health platform that rewards users for monitoring their health, targeting chronic diseases including hypertension, obesity, diabetes, chronic stress, and dyslipidemia that affect over 3 billion adults worldwide. Users complete a health profile to receive a personalized self-monitoring plan, track vitals and medication, and earn Elfie coins for each healthy activity completed, including…

📍 Singapore, Singapore · Wearable Technology,

Funding snapshot

Last roundSeries A
Amount$12M
Date25 June 2025
Total raised$12M
Team size113

About

Elfie operates a free digital health platform that rewards users for monitoring their health, targeting chronic diseases including hypertension, obesity, diabetes, chronic stress, and dyslipidemia that affect over 3 billion adults worldwide. Users complete a health profile to receive a personalized self-monitoring plan, track vitals and medication, and earn Elfie coins for each healthy activity completed, including walking and medication management. Over 3.1 billion Elfie coins have been earned to date, redeemable for prizes, donations, and brand discounts. Elfie differentiates itself as the only app that proactively reaches out to patients at risk of low adherence, is medically endorsed by thousands of doctors and cardiologists, respects all local data privacy laws without sharing personal data with payers, and remains completely free for all users without advertising. The platform supports multiple chronic diseases through a single application and offers premium features for insurers and employers with top 1% retention rates worldwide. Founded in 2020 and headquartered in Singapore, the company has raised approximately $12 million at the Series A stage.

Business model

Wearable Technology > Health and Wellness Devices > Cardiac,

Fitness & Wellness Tech > Physical Fitness > Tracking and Monitoring > Body Vitals > Apps

Institutional investors

White Star Capital Life Extension Ventures Integra Partners FEBE Ventures Hustle Fund iSeed

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