Total amount raised
$43.6 Million
Latest funding date
12/01/2023
Location
Season Health has successfully raised funds through four venture funding rounds, attracting a total of 17 investors, including notable names like Inception Health and Ziegler Link-Age Funds. The platform specializes in personalized nutrition planning, offering virtual dietitian visits covered by insurance and a food marketplace tailored to individual health needs.
Keep reading to explore the intricacies of Season Health's fundraising journey and the investors backing this innovative platform.
What Is Season Health?
Season Health, based in Austin, Texas, operates within the Consumer, Food and Beverage, Nutrition, and Wellness industries. The company specializes in personalized nutrition planning and virtual dietitian visits covered by insurance.
Founded as a private venture, Season Health has a team of 11-50 employees. The platform offers a food marketplace tailored to individual health needs and has acquired Wellory to enhance its services.
How Much Funding Has Season Health Raised?
- Seed Round
- Amount Raised: USD 2,550,000
- Date: February 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch the initial version of their personalized nutrition platform.
- Series A
- Amount Raised: USD 34,000,000
- Date: April 2022
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their services, improve technology, and form more insurance partnerships.
- Series Unknown
- Amount Raised: USD 7,000,000
- Date: December 2023
- Lead Investors: Inception Health, Ziegler Link-Age Funds
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and scale food-as-medicine programs, particularly for diabetes and high-risk pregnancies.
Total Amount Raised: USD 43,550,000. Current Valuation: Not publicly disclosed.
Key Investors
- Inception Health
- Details: Inception Health is a key investor in Season Health, participating as a lead investor in multiple funding rounds. They focus on integrating innovative health solutions into clinical practice.
- Investment Focus Areas: Healthcare, Digital Health, Medical Technology
- Notable Investments: Season Health
- Ziegler Link-Age Funds
- Details: Ziegler Link-Age Funds is another major investor in Season Health, also serving as a lead investor in multiple funding rounds. They specialize in investments that improve the quality of life for older adults.
- Investment Focus Areas: Senior Living, Healthcare Services, Technology for Aging
- Notable Investments: Season Health
- Andreessen Horowitz
- Details: Andreessen Horowitz led the $34 million Series A funding round for Season Health. They are a prominent venture capital firm known for investing in transformative technology companies.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Facebook, Airbnb, Season Health
- LRV Health
- Details: LRV Health participated in the Series A funding round for Season Health. They focus on early-stage investments in healthcare companies that aim to transform the industry.
- Investment Focus Areas: Healthcare IT, Digital Health, Medical Devices
- Notable Investments: Health Catalyst, GetWellNetwork, Season Health
- Company Ventures
- Details: Company Ventures also took part in the Series A funding round for Season Health. They invest in startups that are redefining industries and creating new markets.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: Bowery Farming, Ro, Season Health
What's Next for Season Health?
Season Health stands at the cusp of significant growth opportunities. With a focus on personalized meal planning for chronic conditions like diabetes and heart disease, the company is poised to expand its reach through partnerships with healthcare organizations and national insurers. The recent $34 million investment will enable them to scale their digital food pharmacy services and improve their technology, potentially transforming healthcare by integrating nutrition into treatment plans.
Future fundraising opportunities appear promising as Season Health continues to demonstrate its value proposition. The successful Series A round and strategic acquisitions suggest that additional investment rounds are likely, attracting investors interested in health tech and personalized nutrition. However, the company may face challenges such as competition from other health-focused meal services and navigating regulatory requirements. Ensuring the quality and consistency of their offerings will be crucial as they scale operations.
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