Nourish, a telehealth startup that connects users with a registered dietitian and helps them get their consultations covered by health insurance, raised $8 million in Seed funding.
Thrive Capital led the investment round with participation from Susa Ventures, Operator Partners, Box Group, and Y Combinator. Healthcare technology company founders – Alto Pharmacy (Jamie Karraker), Headway (Andrew Adams), Rightway Healthcare (Jordan Feldman), and Spring Health (April Koh) – also participated in the funding round.
Including the latest funding round, Nourish has raised $9.3 million in funding to date.
According to the CDC, six in 10 adults in the U.S. have a chronic disease such as diabetes or heart conditions. Millions of these could benefit from professional nutrition guidance but don’t always have the time or means to seek care.
Nourish has big goals: By helping people to eat well, the startup is hoping to contribute to solving the American healthcare and nutrition crisis. “More than half of Americans have a chronic condition related to what they eat, which has contributed to healthcare costs going up and quality-adjusted life expectancy going down,” said the company’s founders, Aidan Dewar, Sam Perkins, and Stephanie Liu.
According to our database, over 300 telehealth and telemedicine startups have raised approximately $25 billion in venture capital funding to date. More recently, Monk’s Hill Ventures has invested $5 million in Novi Health, a provider of virtual dietary, lifestyle, and weight loss coaching programs for diabetes patients through its app.
In another deal, Oviva, which offers diet and lifestyle coaching services through its mobile app, has raised $80 million in Series C funding led by Sofina and Temasek, alongside existing investors AlbionVC, Earlybird, Eight Roads Ventures, F-Prime Capital, MTIP, and other angel investors.