Neko Health expands to the US: is body scanning worth the hype?
Spotify founder Daniel Ek's Neko Health, which raised $700 million for its body-scanning technology, has expanded into the US market. A TechCrunch podcast examines whether the service delivers value and how it fits into the growing preventative healthcare trend.
Neko Health, the body-scanning startup founded by Spotify's Daniel Ek, has raised $700 million and expanded its services into the United States. The company is one of several startups building business models around a new wave of preventative healthcare offerings.
Not the only player in the space
Neko Health isn't alone in this emerging niche. Midjourney, the company known for its AI image generation work, is also developing its own body-scanning device. Meanwhile, Function Health, which offers a broader preventative-health platform, has raised significant capital of its own to fund its growth plans.
Why investors are betting big
On TechCrunch's Equity podcast, host Dominic-Madori Davis spoke with Farooq Abbasi, founder and general partner of Preface Ventures and an investor in Neko Health, about how the company compares to other consumer health startups. The two discussed why investors are pouring significant money into this category.
A central theme of the conversation was what still needs to happen before body-scanning technology can move beyond a private, paid service and become genuinely integrated into the broader healthcare system.
The episode is available on YouTube, Apple Podcasts, Overcast, Spotify and other podcast platforms.
