Supersapiens is energy management for athletes. It provides continuous glucose monitoring (CGM) via a biosensor and app, in partnership with Abbott. That partnership is a cornered resource that gives Supersapiens tremendous power.
Over the past year, wearables and connected fitness tech have been on fire. Google bought Fitbit for $2.1 billion, Lululemon bought Mirror for $500 million, and WHOOP raised $100 million at a $1.2 billion valuation. I think that Supersapiens will be the next to join that group.
In this not boring investment memo, we cover:
Wearables and CGM
Supersapiens Story and Product
The Abbott Agreement
Targeting Athletes (and Everyone is an Athlete)
The Supersapiens Team
Business Model and Early Traction
Risks
Opportunity
To read the full post, and learn more about the opportunity, go to Not Boring.
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