Fruit Street Health Raises $3M in Equity Funding

Fruit Street Health, a New York-based digital health and telehealth startup, raised an additional $3m in equity funding.

The round, which brings total funding to $8.4m, was led by Dr. Jeremy Tucker, a senior emergency medicine physician who sits on the board of directors of Fruit Street, with participation from other physician investors. It brings the total number of physicians who have invested in the company to over 200.

Led by CEO Laurence Girard, Fruit Street provides a digital health platform that enables healthcare providers such as physicians and registered dietitians to conduct HIPAA compliant video consultations with their patients and also monitor their health, diet, and lifestyle using medical devices, wearable devices, and a mobile application for dietary tracking. Devices such as wireless scales, Fitbit trackers, blood pressure cuffs, and glucometers are integrated into the platform.
The mobile app encourages patients to take photos of their food which are transmitted to their dietitians for feedback.
Fruit Street licenses its digital health platform to healthcare providers, but also uses its digital health platform to deliver the Diabetes Prevention Program (DPP) to commercial health plan members using its own staff of registered dietitians. The National DPP is an evidence-based lifestyle change program which has been demonstrated to delay or prevent the development of type 2 diabetes among people at high risk.

The company is also a public benefit corporation whose social mission is to “Prevent and treat lifestyle related disease using telemedicine, wearable devices, and mobile applications.

FinSMEs

02/08/2017

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