higi raises $40M from existing investors

higi station

HealthSpot may be going out of business but its health kiosk competitor higi seems to be thriving, having announced a new round of funding worth $40 million from existing investors. The money will go towards further development of higi’s platform, including expanding services and programs to retail partners and healthcare organizations.

“higi was founded on a simple but elusive idea: when individuals are empowered with their vital health stats (i.e., blood pressure, BMI, weight, pulse and body composition) and motivated through challenges and incentives, they make better decisions that lead to improved health outcomes,” Jeff Bennett, CEO of higi, said in a statement. “We are very fortunate to have investors and a board of directors who share higi’s belief that small but meaningful steps can create lasting health habits.”

The company’s health stations are available at almost 10,000 locations, and the service can also be accessed from the web and mobile phones. higi’s user base has grown to more than 30 million people who have collectively tracked activity equivalent of more than 100 million miles.

These impressive figures have been reached by partnering with over 40 retail banners across the nation, making higi the health and wellness platform with the largest retail footprint in the U.S. In fact, approximately 75 percent of the U.S. population live within 5 miles of a higi health station. Also, another reason for growth was higi’s merger with Stayhealthy in 2014.