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Eli Raises $12M to Launch the Hormometer™, The World’s First Real-Time Hormone Monitor
- Eli, a health technology company, raises $12M in Series A funding led by BDC Capital’s Thrive Venture Fund.
- The funding will support the launch of the Hormometer™, the world’s first real-time hormone monitoring system, addressing a gap in personalized health.
- Traditional testing methods for hormones offer only a single snapshot in time, leading to underdiagnosed health crises.
- 1 in 3 adults show signs of cortisol dysregulation, and 60% of adults experience symptoms related to hormone imbalances.
- The Hormometer by Eli tracks hormones instantly using saliva and a smartphone, providing results in minutes without laboratory testing.
- Eli's Hormometer offers real-time hormone monitoring, giving users immediate insights into their biology.
- The Hormometer is the result of years of R&D, featuring biochemistry for microfluidics, AI for signal interpretation, and customized hardware.
- Eli aims to scale production, expand audience access, and unlock more biomarkers like cortisol and progesterone with the new funding.
- The Hormometer will enable individuals to understand their bodies' current state and take informed actions based on the real-time data.
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