The investor behind Neko Health’s $700M bet on scanning your whole body

Investor Farooq Abbasi of Preface Ventures discussed his backing of Neko Health on TechCrunch's Equity podcast after trying the company's body scan, which is part of a push by several startups to create preventative, whole-body scanning services. Neko has raised $700 million to develop its scanning business; other firms such as Midjourney and Function Health are also pursuing body-scanning or preventative-health platforms.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished 1 minute agoUpdated 1 minute ago0 views

The investor behind Neko Health’s $700M bet on scanning your whole body

Why It Matters

Large venture commitments to whole-body scanning signal investor belief that richer, routine health data could reshape primary care and enable AI-driven healthcare tools. How these services integrate with the broader healthcare system will determine their clinical and commercial impact.

Key Facts

Neko Health funding: $700 million raised to build its body-scanning business
Investor quoted: Farooq Abbasi, founder and general partner at Preface Ventures
Investor experience: Abbasi invested after trying Neko’s scan himself
Scan price mentioned: $500 for Neko’s scan (as discussed on the podcast)
Other companies in category: Midjourney building a body scanner; Function Health has raised capital to build a preventative-health platform

Neko Health has drawn sizable investor capital as it pursues a business model centered on whole-body scanning. The company has secured $700 million to develop scanning services that it positions as a preventive-health offering. On TechCrunch’s Equity podcast, investor Farooq Abbasi of Preface Ventures said he committed after experiencing Neko’s scan firsthand.

On the episode, hosts and guests discussed what Neko’s consumer-facing scan includes and how the company keeps its price competitive; the conversation referenced a $500 fee for the scan. Abbasi framed low primary-care utilization in the U.S. as a major health-system challenge, suggesting routine, accessible scanning could help surface unmet needs earlier and create a new data layer for care.

Neko is not alone: Tech companies and startups are converging on similar ideas. The episode notes that Midjourney is developing its own body-scanning hardware, while Function Health has raised capital to build a preventative-health platform. The overlap points to investor interest in companies that can collect richer, standardized health data outside traditional clinical pathways.

Guests on the podcast also debated risks and limits: Abbasi observed that some consumer-health startups may be overfunded, and the group discussed what will need to happen for body scanning to be accepted and integrated into mainstream healthcare. A recurring theme was that better, routine health data could enable a new generation of AI-powered tools, but adoption will depend on demonstrating clinical value and fitting into existing care workflows.

The conversation was part of TechCrunch’s Equity series, hosted by Dominic-Madori Davis, who covers venture capital and startups, with Theresa Loconsolo producing the episode. The discussion highlights investor optimism about preventative data collection while underscoring unanswered questions about clinical integration and long-term sustainability.