Mighty Health, a provider of daily health and well-being programs that includes low-impact workouts, custom nutrition plans, and text-based health coaching, raised $7.6 million in a second seed funding round.
Will Ventures and GFT Ventures led the investment round with participation from AARP, Mercury CEO Immad Akhund, Hyper, Baselayer Ventures, and Z Venture Capital.
The San Francisco-based Mighty Health plans to use the new capital to expand its strategic partnerships and launch new chronic disease programs. According to the company’s website, Mighty Health partners with commercial health plans, including Medicare Advantage, to offer adults over age 50 a free daily health program that includes low-impact workouts, custom nutrition plans, and text-based health coaching.
According to our database, digital health startups providing online fitness and wellness programs have raised close to $5 billion in funding to date.
Latest funding rounds in the fitness and wellness space
FitOn, a fitness and wellness app, raised $40 million in Series C funding, bringing the company’s total funding to date to $70 million. Delta-v Capital led the investment round with participation from Accel, Maverick Ventures, Second Avenue Partners, Mantis VC, and UTA VC.
Kickoff, a fitness coaching app, raised $7 million in funding led by 645 Ventures with participation from FJ Labs and Expa.
Palta, a London-based developer of an AI-powered health and wellness app, has raised €84.2 million in Series B funding led by Per Brillioth at VNV Global with participation from Target Global, VNV, Black Ice Capital, and Winter Capital.
Noom, a weight management and mental health app helping millions of people with chronic and non-chronic conditions, such as stress and anxiety, hypertension, and diabetes, to meet their personal health and wellness goals, raised $540 million in Series F funding led by Silver Lake, with participation from Oak HC/FT, Temasek, Novo Holdings, Sequoia Capital, RRE, and Samsung Ventures.