Haelo Health secures £150k for smart ring health monitoring system

A new funding round of £150k has been secured by Haelo Health Ltd, a consumer electronics developer based in Bury St. Edmunds. The investment, which was allotted on 2026-04-19 and filed on 2026-05-03, gives the company an estimated post-money valuation of £3.6m.

Haelo Health Ltd develops the Haelo smart ring system. This hardware is designed to provide fall detection and real-time health monitoring for vulnerable individuals, such as seniors or people with chronic health conditions. The system aims to offer peace of mind to both the users and their caregivers by tracking health metrics and alerting contacts in the event of an emergency.

The company was incorporated on 2025-03-10. Since its founding just over a year ago, the business has focused on the manufacture of consumer electronics specifically for the healthcare and wellness market. As a relatively new entity, this £150k round represents an early stage of its capital structure.

The company recently expanded its board with the appointment of Artur Kenzhaev as a director on 2026-04-02. This appointment occurred shortly before the allotment of the new shares in April.

The Haelo system addresses the need for non-intrusive monitoring solutions for the elderly. By using a ring format rather than traditional pendants or bulky wrist-worn devices, the company provides a wearable option that monitors health data in real time. This data is then accessible to caregivers, providing a continuous link between vulnerable individuals and their support networks.

Based in Bury St. Edmunds, the company operates within the UK consumer electronics sector. While specific revenue figures, employee counts, and profit or loss statements are not yet available due to the company's recent incorporation, the current valuation of £3.6m follows this latest injection of capital. This round is the first recorded major allotment for the company since its formation in early 2025.

The funding will support the ongoing development and distribution of the Haelo smart ring. By focusing on the intersection of consumer electronics and health monitoring, Haelo Health Ltd is positioning its product as a tool for independent living. The system is designed to detect falls automatically, reducing the reliance on the user to manually trigger an alarm during a medical incident.

The estimated £3.6m valuation reflects the company's progress since its 2025 incorporation. With the recent director appointment and the completion of this £150k round, the company continues to build its presence in the health technology space from its base in East Anglia.