Nourish, a nutrition advice company, announced Wednesday that it raised $ 70 million in B series funds for registered network or dietitians.
Nourish, based in New York City, which was launched three years ago, has more than 3000 dietitians registered on its platform, all W-2 employees. Connect patients with a chronic condition with a dietitian, and have regular virtual appointments. Among the sessions, patients can send messages to their dietitian, as well as access to recipes and educational content in the application. Nourish also takes advantage of AI to help dietitians with administrative tasks such as taking notes, and supporting patients with meal monitoring and recipe recommendations.
About 94% of patients can access the thesis services without pocket costs, according to the ad. The company works with commercial plans, Medicare and Medicaid in the 50 states.
The B series round was directed by the growth capital of JP Morgan Private Capital, and included the participation of Thrive Capital, Index Ventures, and Combator, Maverick Ventures, Boxgroup, G Squared and Pinegrove. In total, Nourish has raised $ 115 million.
“Nourish addresses one of the most urgent challenges of our country with a convincing approach driven by AI’s results and natives,” said Paris Heymann, co-manager or JP Morgan Growth Equity Partners, in a statement.
The financing will help the company to increase its dietary network, deepen associations with medical care organizations, scale its AI technology and invest in its team, according to Aidan Dewar, co -founder and CEO of Nourish. In addition, Nourish will build “more clinical protocols for conditions where nutrition, this is a critical heart disease, such as cardiometabolic,” he said.
Nourish was created because the founders, three friends, benefited from working with registered dietitians to handle their own chronic conditions. Currently, 60% of people in the United States fight at least one chronic condition, such as obesity, diabetes and heart disease. Despite a great need, less than 1% of eligible Americans receive support from registered dietitians, said Dewar. This is what Nourish expects to change.
“Our health system is at a turning point, with chronic disease rates and costs that increase to unsustainable levels. Payers are under increasing pressure to find scalable solutions that really take care of radical radicalists, we wanted our own patient trips,” Dewar said. “We wanted to build a friendly health system with the patient with lifestyle and nutrition as a first -line treatment, not after.”
More and more, people in the health industry are recognizing the importance of nutrition in the management of chronic conditions. Several other new companies also sacrifice access to a registered network or dietitians, including Fay and Culina Health. Integrated payers and health systems are also launching foods such as medical initiatives, including Elevance Health, Highmark Health and Kaiser permanent.
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