Nourish
Overview
Nourish is a telenutrition platform that connects individuals to registered dietitians covered by insurance, based in New York City. It was founded in 2021 by Aidan Dewar, Sam Perkins, and Stephanie Liu. Since its inception, Nourish has secured a total of $44 million in funding, including a recent $35 million Series A round led by Index Ventures. The platform focuses on making nutrition care accessible and affordable, particularly targeting the underserved populations affected by poor nutrition.
Recent Developments
- October 2024: Nourish has announced plans to expand its network of registered dietitians to over 1,000 by the end of the year, representing a 20-fold increase since 2023. The company is enhancing its AI-powered tools to offer personalized nutrition care and streamline administrative workflows.
- March 2024: Nourish raised $35 million in Series A funding to accelerate the development of its digital platform, expand the dietitian network, and enhance partnerships with insurance companies.
- January 2024: With the new funding, Nourish expanded its services to include "food as medicine" programs by partnering with grocery delivery services and insurance providers to address food insecurity and social determinants of health.
- 2023: The platform has formed referral partnerships with major healthcare companies like One Medical and Texas Oncology and is in-network with major insurance providers, enabling 94% of its patients to receive services at no out-of-pocket cost.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | New York, USA |
| Founders | Aidan Dewar, Sam Perkins, Stephanie Liu |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Index Ventures, Maverick Ventures, TCV, Y Combinator, Thrive Capital, BoxGroup |
| Industry | Telenutrition, Digital Health |
| Number of Employees | Not publicly disclosed |
Early History
Nourish was founded in 2021 by Aidan Dewar, Sam Perkins, and Stephanie Liu, who identified a critical need for accessible and affordable nutrition care. The founders were inspired by personal experiences and the recognized role of dietitians in managing chronic health conditions. Initially, Nourish aimed to integrate dietitians into outpatient care through partnerships with major health insurance companies. By leveraging technology, the platform facilitates virtual consultations and meal logging via a mobile app, providing customized nutrition plans to improve patient health outcomes.
Company Profile and Achievements
Nourish operates on a telenutrition model, which connects patients with registered dietitians via its digital platform. The platform's primary goal is to address the root causes of chronic diseases linked to poor nutrition. Through strategic partnerships with insurance companies, Nourish reduces the costs for patients, making dietitian services widely accessible. Significant milestones include:
- 2023: Partnering with health insurance providers to offer services to 94% of patients at no out-of-pocket cost.
- 2023: Launch of a mobile app enabling real-time interaction between dietitians and patients.
- Partnering with grocery delivery services to address food insecurity and enhance patient nutrition.
- Utilizing AI-powered tools to personalize patient care and streamline administrative processes.
Current Operations and Market Position
Nourish is currently one of the leading platforms in the telenutrition industry, known for its innovative approach to healthcare accessibility. It holds a strong market position by providing insurance-covered nutrition services, which significantly lowers barriers for patients. The company continues to expand its network of dietitians, aiming to scale up its services across the United States. Nourish's strategic use of technology and insurance partnerships allows it to impact a broad demographic, particularly those previously underserved in nutrition care.
Conclusion
Nourish's impact in the digital health space is profound, particularly in making nutrition care both accessible and affordable. As the company continues to expand its network of registered dietitians and enhance its digital capabilities, it is well-positioned to address significant gaps in healthcare. With strategic partnerships across insurance providers and the integration of advanced technology, Nourish is paving the way for a more inclusive and preventative approach to healthcare. The company’s future trajectory appears promising, with potential increased influence in addressing the nutrition-related health crisis across the United States.