Superpower raises US$30m for new health app
The news: Healthtech start-up Superpower, co-founded by 24-year-old Australian Max Marchione, has raised USD30 million ($47.1 million) in a Series A round led by Forerunner Ventures.
The numbers: Two years after its founding, the deal values the company at more than $300 million, the company said in a statement.
Superpower is building what it calls the world’s first “health super-app,” selling diagnostics, personalised health protocols and 24/7 care for USD499 a year.
The membership includes a biannual lab testing that the company says analyses over 100 blood biomarkers—ten times more than a standard check-up—and combines data with AI and physician oversight to create personalised plans.
The context: Founded in 2023 by Marchione, Jacob Peters and Kevin Unkrich, the company is now headquartered in San Francisco.
The company’s product is not widely available yet, but it has attracted a waitlist of more than 150,000 people over the past year, it said.
It will use the funding to grow its clinical and engineering staff, add new features to its app, and start looking at overseas markets.
According to the company, existing and new investors include Day One Ventures, Susa Ventures, Long Journey Ventures, and high-profile names such as singer-actress Vanessa Hudgens, DJ and producer Steve Aoki, social media personality and wrestler Logan Paul, and NBA star Giannis Antetokounmpo.
What they said: “The current healthcare system currently leaves most people visiting primary care doctors on a reactive basis after a problem arises, not before,” Marchione said in a statement. “We are building Superpower to transform how people interact with their health. We want to rescue 100 million people from the limits of traditional reactive care.”
Marchione said Superpower aims to “rescue 100 million people from the limits of traditional reactive care.”
The source: Superpower media release