Nutrition to the land $70 million, fighting nutritional care Chronic disease
Nutrition consulting firm Nourish announced Wednesday that it raised $70 million in Series B funding for its registered dietitian network.
New York City nourish, launched three years ago, has more than 3,000 registered dietitians with W-2 employees on its platform. It connects patients with chronic diseases to dieticians and conducts virtual appointments regularly. Between meetings, patients can send messages to their nutritionist and the app’s access to recipes and educational content. Nutrition also leverages AI to help nutritionists perform administrative tasks such as extraction notes and support patients with dietary tracking and recipe recommendations.
It is announced that about 94% of patients are able to access these services without out-of-pocket expenses. The company works with business plans, Medicare and Medicaid in all 50 states.
The Series B is led by growth interests partners at JP Morgan Private Capital, including participation from Thrive Capital, Index Ventures, Y Combinator, Maverick Ventures, BoxGroup, Atomico, Atomico, G Squared and Pinegrove. Nutrition raised a total of $115 million.
“The nourishment is addressing one of the most pressing challenges in our country with compelling results and ai-native approach,” Paris Heymann, co-partner of JP Morgan Growth’s equity partner, said in a statement.
Nourish co-founder and CEO Aidan Dewar said the financing will help the company grow its nutritionist network, deepen partnerships with healthcare organizations, expand its AI technology and invest in its team. In addition, nourishment will establish “clinical programs targeting nutrition, such as cardiac metabolic diseases,” he said.
Nourish was created because the founder (three friends) benefited from working with a registered dietitian to manage his own chronic illness. Currently, 60% of people in the United States fight at least one chronic disease, such as obesity, diabetes, and heart disease. Despite the large demand, less than 1% of qualified Americans are supported by a registered dietitian, Diva said. This is why nourishing hopes to change.
“Our healthcare system is at an inflection point, with chronic disease rates and costs rising to unsustainable levels. Payers are under increasing pressure to find scalable solutions that are effective. … We have built nourishment to make healthcare for millions of Americans better for millions of Americans – and that’s what we care for during our own patients,” DeWar said. “We want to build a patient-friendly healthcare system that takes lifestyle change and nutrition as the frontline treatment, not an afterthought.”
People in the healthcare industry are increasingly aware of the importance of nutrition in managing chronic diseases. Several other startups also offer access to a network of registered dietitians, including Fay and Culina Health. Payers and integrated healthcare systems are also introducing food as medical initiatives, including Highmark Health, Highmark Health and Kaiser Permanente.
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