CUDIS Raises $5 Million in Funding

The web3 AI wellness company CUDIS raised $5 million in funding led by Draper Associates, the early-stage venture capital firm founded by Tim Draper.

Other participants in this round include Skybridge, Penrose, SNZ, Mozaik, NGC, Foresight Ventures, OGBC, Monke Ventures, DraperDragon, Block Patch, Trinito, and notable individuals like Kalin from the Render Network, Andrew Chatham of Dimo, and Adam Jin from the Solana Foundation.

CUDIS is known for its wearable ring that monitors health metrics, allowing users to access their health data through the Solana blockchain and earn passive rewards for their participation. The rings also feature an AI coach that provides personalized wellness advice based on biometric data.

The funding will be used to enhance the AI coach and gamification features, as well as strengthen CUDIS’s decentralized infrastructure.

Draper commented, “CUDIS is setting a new benchmark in wellness by leveraging technology to prioritize consumer needs. This innovative approach could redefine how we engage with our health and wellness.”