Spotify founder Daniel Ek’s Neko Healthraised $700 millionto build a business around scanning your body, butit’snot the only company centering its roadmap around a new kind of preventative healthcare. Midjourney isbuilding its own body scanner, whileFunction Healthhas also raised significant capital to build out its preventative-health platform.Whyareinvestors bettingso bigonthiscategory?
On this episode of TechCrunch’sEquitypodcast, Dominic-Madori Davis talks withFarooq Abbasi, founder and general partner of Preface Ventures and an investor in Neko Health, about how Neko compares with other consumer-health startups. Theydiscusswhathas tohappen for body scanning to become part of the broader healthcare system.
Listen to the full episode to hear more about:
- Why Farooq invested in Neko after trying the company’s scan himself
- What Neko’s $500 scanactually includes, and how the company keeps the price down
- Why Farooq thinks low primary-careutilizationis one of the biggest problems in U.S. healthcare
- Why some consumer-health startups may be overfunded, in Farooq’s view
- How better health data could open the door to a new generation of AI-powered healthcare
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