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§ Private Profile · Brooklyn, NY, USA
Technology company offering custom software development, mobile & web apps, cloud, AI/ML, IoT, and blockchain for businesses.
Ambrosia is a technology company providing custom software development and consulting services, headquartered in Troy, Michigan, with an operational center in Noida, India. The organization specializes in building mobile and web applications while integrating advanced technologies like cloud computing, artificial intelligence, machine learning, internet of things, and blockchain systems. Its engineering teams deliver tailored technical solutions designed to support digital transformation initiatives for corporate clients. Specifically, the firm develops enterprise software infrastructure for businesses operating within the healthcare, finance, education, retail, and manufacturing industries. Ambrosia deploys its technology services to a global customer base, focusing on commercial enterprises located throughout North America, Europe, and the Asia-Pacific regions. At this time, specific details regarding the firm's total funding raised, current valuation, recognizable lead investors, founding year, and original founders remain undisclosed in public market data.
Ambrosia has raised $5.0M across 2 funding rounds.
Ambrosia has raised $5.0M in total across 2 funding rounds.
Ambrosia Systems is a San Francisco-based medical technology company developing wearable health devices, including the RIZZ smart ring, the world's first non-invasive continuous glucose monitor (CGM) that also tracks sleep, stress, heart health, activity, oxygen levels, and skin temperature.[3][4] It serves health enthusiasts, metabolic health-focused individuals, professionals, athletes, and those seeking needle-free glucose monitoring, solving the problem of invasive blood glucose tracking with affordable, multi-sensor wearables compatible across iOS and Android devices.[3][4] The company builds on prior innovations like the low-cost NightRider BluCon NFC reader for real-time CGM from Abbott's FreeStyle Libre sensors, used in over 100 countries, with strong growth in global markets including India.[3][4]
Previously focused on NFC-to-Bluetooth bridges for healthcare sensors, Ambrosia Systems has pivoted to direct consumer wearables, shipping products worldwide and positioning RIZZ as a scalable AI-driven platform for metabolic wellness and fitness recovery.[4]
Ambrosia Systems originated in San Francisco as a fast-growing medtech firm specializing in affordable NFC reading devices for health monitoring.[3][4] Key early innovation was the NightRider BluCon, which connects Abbott FreeStyle Libre sensors to phones or watches via Bluetooth, enabling continuous glucose reads every 5 minutes without native app support—5 years ahead of competitors like Dexcom for Apple Watch integration.[4] This achieved pivotal traction, becoming the first real-time CGM solution in India and other markets at under $1,000/year, with shipments to over 100 countries.[4]
The company evolved to launch RIZZ, a smart ring for non-invasive CGM targeting pre-diabetes and non-insulin T2D users, building on years of proven hardware and AI for glucose, wellness, and recovery metrics.[4] Founders and leadership details are not specified in available data, but the focus remains on easy-to-use tech for patients, providers, and consumers.[3]
Ambrosia Systems rides the explosive growth in wearable health tech and non-invasive CGM, driven by rising pre-diabetes rates, consumer demand for metabolic insights, and AI personalization in wellness.[4] Timing aligns with post-2020 telehealth boom and regulatory shifts favoring direct-to-consumer devices, amplified by Apple Health and Google Fit integrations.[3][4] Market forces like aging populations, fitness tracking ubiquity, and competition from Oura/Dexcom favor its low-cost, multi-sensor approach, influencing the ecosystem by democratizing CGM in emerging markets and accelerating needle-free innovation.[4]
Ambrosia Systems is poised to expand RIZZ globally, leveraging its hardware-AI stack for subscriptions in metabolic coaching and partnerships with insurers for T2D management.[4] Trends like AI-driven preventive health and ring form factors will propel growth, potentially challenging incumbents through affordability and non-invasive edge.[4] Its influence may evolve from niche CGM enabler to mainstream wellness leader, redefining accessible metabolic tracking much like its BluCon pioneered real-time monitoring.
Ambrosia has raised $5.0M in total across 2 funding rounds.
Ambrosia's investors include SOSV, Charlie O'Donnell, BBG Ventures, Carmelo Anthony.
Ambrosia has raised $5.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in December 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2021 | NICK’S | $100.0M Series C | Kinnevik, Ambrosia, Temasek | Gullspng Invest |
| Jan 15, 2020 | Califia Farms | $225.0M Series D | — | Green Monday Ventures, Qatar Investment Authority, Stripes, SUN Pacific, Temasek |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2018 | $4M Seed | — | SOSV | Announced |
| Oct 1, 2017 | $1M Seed | Charlie O'donnell | SOSV, BBG Ventures, Carmelo Anthony | Announced |