Health and Wellness Startup Keyto Acquires $2.5 Million
Keyto, a ketogenic diet-based health and wellness company, closed a $2.5 million seed round led by David Sacks’ Craft Ventures, with participation from Floodgate Fund, Abstract Ventures, and Hydra Ventures. Leading entrepreneurs Julia Hartz (Eventbrite co-founder and CEO) and Kevin Hartz (Eventbrite co-founder and early investor in Pinterest, PayPal, and Airbnb) also participated. The round coincides with the launch of the company’s presale campaign on Indiegogo.
Keyto’s program is comprised of a smart breath sensor designed to detect when the body is in ketosis (a state in which it burns fats rather than sugars and carbohydrates for fuel) and an app providing personalized food and lifestyle recommendations based on users’ physiology.
The company plans to use the funding to expand research and development of its proprietary gas nanosensor and manufacturing capabilities.