knownwell, a Boston, MA-based in-person and virtual, weight-inclusive primary care and metabolic health company, raised $20m in Series A funding.
The round, which brought total funding to $24.5m, was led by A16Z with participation from existing investors including Flare Capital Partners.
The company intends to use the funds to expand its clinics and telehealth offering, to double down on product development, including incorporating AI-powered patient stratification, asynchronous communication, and provider workflow enablement tools into its care model, as well as partnering with major pharmaceutical companies to conduct and participate in clinical trials.
This . and highlights a growing demand for weight-inclusive care companies focusing on whole-person treatment approaches to obesity beyond just short-term approaches like GLP-1 utilization organizations.
Founded by Brooke Boyarsky Pratt, who has had lifelong obesity, and Dr. Angela Fitch, the President of the Obesity Medicine Association, knownwell has developed a model that consists of a holistic, clinical approach to uncovering and treating the root cause of early obesity, including nutritional counseling and behavioral health services – not the stigmatizing, diet promoting path typically used for those aged 12 – 18.
In addition to partnering with patients, with the new funding, knownwell is furthering their enterprise solution to partner with health systems, payors, and employers to deliver weight-inclusive care via telehealth and the company’s brick-and-mortar clinics.
FinSMEs
20/12/2023