Tula Health builds behavioral-change guidance delivered via on-call health coaches alongside supporting hardware and software, focusing primarily on helping people manage type 2 diabetes. The company aims to reduce high and low blood sugar events through coaching and technology. Tula operates a coaching center in Ogden, Utah, across from Weber State University that can accommodate up to 120 health coaches and support up to 120,000 members. Coaches complete a six-week training process with three nationally accredited certifications before interacting with members. In June 2021 Tula raised $24.1 million in debt and equity financing, valuing the company at $187 million; the capital will be used to grow inventory and hire and train additional staff. Company leadership and local health‑tech investors cited confidence in Tula’s model and vision. Tula Health develops the BioCheck wrist‑worn wearable and an accompanying digital health platform that continuously and noninvasively monitors blood glucose and multiple other metrics (blood pressure, blood oxygen, EKG, hydration) and transmits data to a secure cloud. Data are monitored by medical professionals in Tula’s Engagement Center, which can apply predictive analytics to deliver personalized, actionable information. The company holds a patent portfolio of 33 patents and miniaturizes multiple gold‑standard desktop tests into the wearable via patented nanotechnology. Tula intends to use its recent funding to complete an engineering proof of concept, file additional patents, and cover overhead while continuing prototype development. Management positions the product for chronic disease and diabetes monitoring and is pursuing agreements with health plan carriers for instant market access.

Total raised

$51M

Funding rounds

4

Latest round

Equity

Latest activity

Jun 2021