Supersapiens closes USD13.5m in early-stage funding
Supersapiens has secured USD13.5 million in a capital raise led by MICA Ventures AG.
The new energy management ecosystem, powered by Abbott’s Libre Sense Glucose Sport Biosensor, has secured the largest investment in the sports continuous glucose monitoring (CGM) space, garnering investment from preeminent fitness and performance brands including the founder of Zwift and Wahoo.
Joining lead investor Michael Hartweg, founder of MICA Ventures AG, is Ed Baker, former VP of product and growth at Uber and head of international growth at Facebook, Harvey Schwartz, former co-president and CFO of Goldman Sachs, Rémi Duchemin, co-founder of OC Sport, and Eric Min, founder and CEO of Zwift. Supersapiens also attracted global investment from CM Ventures, Rubix Ventures, Swiss Startup Group, and Wahoo Fitness.
“Sports continuous glucose monitoring (CGM) is an absolute game changer for all athletes. This is the beginning of a massive performance revolution,” says Hartweg, founder of MICA Ventures AG.
The Supersapiens ecosystem, powered by Abbott Libre Sense, empowers athletes to optimise fuelling, maximise training time, and can help increase performance gains. Its data interpretation tools represent the future of fuelling and sports performance.
“I have been using glucose as a proxy for performance for the past 33 years. As an athlete, I am intimately aware of the impact glucose has on the ability to achieve your goals. It gives me a great sense of pride to now bring this knowledge to the world, as there is no better tool for visualising your training and recovery than sport CGM. With a global backing from industry moguls and visionaries like Eric Min, we’re turning Supersapiens into a key system that no athlete will train without,” says Phil Southerland, founder and CEO of Supersapiens.
Supersapiens’ partnership with global healthcare leader, Abbott, makes it the only energy management ecosystem that directly integrates with a Bluetooth-enabled CGM for sports — the Abbott Libre Sense Glucose Sport Biosensor. This strategic partnership allows Supersapiens to scale quickly and, more importantly, offers athletes access to truly meaningful glucose data — minute-by-minute fuel levels live-streamed directly to their personalised device.
In its first 12 weeks on the market, Supersapiens has more than 2,000 paying athletes on their system, positioning them as the global leader in energy management for sports. Since their launch in late 2020, their prominence has increased significantly.
Supersapiens is working on their first hardware product, a wrist wearable called the Supersapiens Reader Version Zero, which will allow athletes to see their live-streaming fuel data with a quick glance. The device will allow athletes using it to become the first to build a full training and coaching ecosystem around CGM for sports performance.
“Once athletes have minute-by-minute fuel data right during a workout, they can quickly identify the correlation between their glucose levels and performance — translating more fueled training minutes into bigger performance gains,” says Todd Furneaux, Supersapiens co-founder and president.
The Supersapiens ecosystem powered by Abbott’s Libre Sense is now available in Austria, France, Germany, Ireland, Italy, Luxembourg, Switzerland, and the United Kingdom