BurnAlong, a Baltimore-based employer-focused health and wellness platform, raised $7m in funding.
The round was led by Triventures with participation from existing investors CR2 Ventures, TriSib, DM Wellness, Macks Managed Investments, Steve Altschuler (Co-Founder and Former Chair of Spark Therapeutics, and Former President and CEO of CHOP) and Sean Glass (Founder and CEO of Advantia Health).
Led by Daniel Freedman and Mike Kott, Co-CEOs and Co-Founders, BurnAlong is an online health, wellness, and fitness platform that works with leading employers, insurers, municipalities, non-profits, and health systems who provide BurnAlong for their employees, members, and patients. Its video technology and social motivation platform generates engagement and retention levels with programmatic health and wellness content, on a subscription basis, to employers, payers, and government entities. Content is provided by a network of more than 1,000 wellness professionals teaching content across 45 categories, from cardio and yoga, to mindfulness and nutrition, to mental health to specialty areas and chronic conditions – including children, pre-natal, anxiety, cancer, diabetes, Parkinson’s disease and adaptive workouts for people with disabilities.
Clients range from Fortune 500 companies to municipalities to school districts to construction companies to banks to tech companies to insurers and hospitals. Wellness partners range from cancer specialists to nutritionists to boutique studios to YMCAs.
In conjunction with the funding, Triventures Managing Partner Michal Geva will join the BurnAlong Board. She will join Pernille Spiers-Lopez, the former President and Global Head of HR of IKEA, and Josh Fidler, of Founding Partner of Bolder Ventures.