U.S. markets open in 6 hours 26 minutes

  • S&P Futures

    4,392.25
    +12.50 (+0.29%)
     

  • Dow Futures

    34,834.00
    +113.00 (+0.33%)
     

  • Nasdaq Futures

    14,989.25
    +36.50 (+0.24%)
     

  • Russell 2000 Futures

    2,218.70
    +7.80 (+0.35%)
     

  • Crude Oil

    71.03
    -0.23 (-0.32%)
     

  • Gold

    1,812.30
    -9.90 (-0.54%)
     

  • Silver

    25.31
    -0.27 (-1.06%)
     

  • EUR/USD

    1.1881
    +0.0004 (+0.04%)
     

  • 10-Yr Bond

    1.1740
    0.0000 (0.00%)
     

  • Vix

    19.46
    +1.22 (+6.69%)
     

  • GBP/USD

    1.3907
    +0.0024 (+0.17%)
     

  • USD/JPY

    109.1130
    -0.1960 (-0.18%)
     

  • BTC-USD

    38,339.91
    -1,914.16 (-4.76%)
     

  • CMC Crypto 200

    929.58
    -31.32 (-3.26%)
     

  • FTSE 100

    7,081.72
    0.00 (0.00%)
     

  • Nikkei 225

    27,641.83
    -139.19 (-0.50%)
     

Health and wellness apps maker Palta raises $100M Series B led by VNV Global

Mike Butcher
·1 min read

Health and wellness apps startup Palta, has raised $100 million in a Series B round led by Per Brillioth at VNV Global, with the participation of Target Global and other existing and new investors. The cash will be used to generate more products, such its existing products Flo.Health, Simple Fasting, Zing Fitness Coach, and others.

Palta claims to have 2.4M active paid subscribers in their apps.

Yuri Gurski, CEO and founder of Palta said: “Palta Brain platform, the foundational powerhouse that drives our consumer digital apps, allows for much faster scaling of both products that we envisage internally, as well as those that come to us from the market.”

“Mobile and preventative health services are the future of the health industry,” said Per Brillioth, CEO of VNV Global. “As a result, Palta has proven its capabilities to develop and scale its wide range of leading mobile subscription products.”

Headquartered in London with offices in Munich, Vilnius, Warsaw, and other locations, the company says most of its revenue comes from customers in the US (60%) and Western Europe (20%).

Recommended Stories

  • England changes COVID-19 app so fewer people need to isolate

    LONDON (Reuters) -England's COVID-19 mobile phone app will be tweaked so that fewer contacts of asymptomatic people who test positive for the disease will need to self-isolate, Britain's health ministry said on Monday. Under the change, if someone tests positive but is asymptomatic, the app will look for their close contacts in the two days prior to the positive test, rather than looking for the contacts of the positive person in the five days before the test. The health ministry said that the change would reduce the number of notifications sent by the app, but would not reduce the app's sensitivity, and it would still catch the same number of high-risk contacts.

  • This Bill Gates-backed battery maker is on track to do big things for electric vehicles: CEO

    QuantumScape founder and CEO Jagdeep Singh tells Yahoo Finance Live he is confident in hitting key production timelines.

  • Is GE Stock A Buy After Reverse Stock Split And Q2 Earnings Beat?

    GE's turnaround is gaining traction as key businesses improve while the industrial giant continues to shrink its debt load.

  • 3 Stocks Flashing Signs of Strong Insider Buying

    Every investor wants an ‘in,’ some hint that will tell exactly what a stock is going to do, and when. The kind of signal that will cut through the market’s noise, and makes sense of the deluge of raw data that every company generates. Multiply that data by 10,000 publicly traded stocks, and you’ll have some idea of just how daunting the markets can be. It’s tempting to follow an expert: a Wall Street analyst, or a trading guru. They all have important contributions to make. But here, we’ll take

  • BP Follows Big Oil Peers by Increasing Buybacks and Dividend

    (Bloomberg) -- BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit.The oil majors -- with the notable exception of Exxon Mobil Corp. -- are raising returns as they express confidence that the worst of the slump caused by the coronavirus pandemic is over. Their goal is to woo investors who are becoming increasingly wary about the future of the fossil fuels in a changing climate.BP will increase its dividend by 4% to 5.46 cents a share

  • Sanofi to Buy Translate Bio for $3.2 Billion in mRNA Push

    (Bloomberg) -- Sanofi agreed to acquire its messenger-RNA development partner Translate Bio Inc. for $3.2 billion, scooping up a biotech company steeped in the technology behind some of the world’s top-selling Covid-19 vaccines.The French drugmaker will pay $38 in cash for each of Translate Bio’s shares, a 30% premium to Monday’s closing price. The boards of directors of both companies approved the transaction, according to a statement Tuesday.Ordinarily a giant in the vaccines space, Sanofi is

  • 5 Best Chinese Stocks To Buy And Watch As Beijing Crackdowns Continue

    Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.

  • Why Virgin Galactic Stock Just Popped 8%

    Shares of Virgin Galactic (NYSE: SPCE), Sir Richard Branson's start-up space tourism company, closed up 6.3% on Monday. In the absence of any other news of note, you can probably thank Deutsche Bank for that one. As CNBC reported late this morning, Deutsche Bank is out with a new report on the space market.

  • Semiconductor stocks are rallying — and they still look like bargains

    Stellar earnings are propelling chip makers' shares, which trade cheaply compared with the broader stock market.

  • Here’s Why TAL Education Group (TAL) Landed in Baillie Gifford’s Top Detractor List

    Baillie Gifford, a large-scale investment management firm in the UK, published its “Long Term Global Growth Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 13.59% was recorded by the fund for the second quarter of 2021, compared to the 7.53% return of its MSCI […]

  • Amazon Investors Get a Reality Check

    For years, Amazon (NASDAQ: AMZN) has felt like a must-own stock. Amazon stock is fallible, it turns out. The tech giant reported revenue growth of 27% to $113.1 billion, missing the analyst consensus at $115.1 billion.

  • 10 Best High Short Interest Stocks to Buy Now

    In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]

  • 10 Best Stocks to Buy According to John Paulson

    In this article, we will discuss the 10 best stocks to buy according to John Paulson. If you want to skip our detailed analysis of Paulson’s history, investment philosophy, and hedge fund performance, go directly to the 5 Best Stocks to Buy According to John Paulson. John Paulson is an American billionaire hedge fund manager who oversees […]

  • Why Shares of XPO Logistics Are Plunging Today

    On Monday morning, shares of XPO Logistics (NYSE: XPO) opened down more than 40%, but there is no bad news to report. The split became official on Monday, with GXO Logistics (NYSE: GXO), the supply chain business, trading for the first time on its own. GXO has a lot of exposure to fast-growing sectors including e-commerce, while XPO is one of the top less-than-truckload trucking operators with a large freight brokerage operation.

  • Here's Why Square Stock Soared Today

    Shares of Square (NYSE: SQ) jumped 10% on Monday, after the fintech giant struck a deal to acquire Australian installment payments leader Afterpay (OTC: AFTP.F). Afterpay is a leading provider of "buy now, pay later" services used by over 16 million consumers and nearly 100,000 merchants worldwide. Square and Afterpay want to join forces.

  • Square is sending a signal that the e-commerce boom is expected to continue: Analyst

    Paul Golding, Macquarie Group Research Analyst, joins Yahoo Finance to discuss Square's all-stock deal to acquire Afterpay for $29 billion.

  • 3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now

    You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.

  • The top 21 crypto leaders to watch in the back half of 2021

    Bitcoin may rise or fall farther from here, but these 21 crypto leaders are sure to play their part in 2021.

  • 10 Stocks Reddit’s WallStreetBets is Buying Before Earnings

    In this article, we discuss the 10 stocks Reddit’s WallStreetBets is buying before earnings. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks Reddit’s WallStreetBets is Buying Before Earnings. The United States economy has roared back into life over the past few months after a torrid 2020 […]

  • August Is Actually A Great Month If You Own These 8 Stocks

    August is feared as one of the worst months for the S&P 500 — and for good reason. But investors still find ways to make big money.