Total amount raised
$43.6 Millions
Latest funding date
12/01/2023
Location
Season Health has successfully raised $25 million in its latest funding round, backed by 17 investors including Inception Health and Ziegler Link-Age Funds. The company offers a food recommendation platform that integrates technology with advice from registered dietitians to provide personalized nutrition planning.
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, founded in 2019 by Josh Hix, Joshua Wolff, and Mustafa Shabib, is headquartered in Austin, Texas. The company operates within the consumer, food and beverage, nutrition, and wellness industries.
With an employee count ranging from 11 to 50, Season Health offers a food recommendation platform that integrates technology with advice from registered dietitians. Their services include personalized nutrition consultations, food plans, ongoing support, and pre-made meals.
How Much Funding Has Season Health Raised?
- Seed Round
- Amount Raised: $2.6M
- Date: February 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their food recommendation platform and establish initial market presence.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their team and enhance their technology platform.
- Series A
- Amount Raised: $34M
- Date: April 2022
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support business development processes and prove that tailored meals can deliver better health outcomes than traditional medicine.
- Venture Round
- Amount Raised: $7M
- 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, including those for diabetes and high-risk pregnancies.
Total Amount Raised: $43.6M. Current Valuation: Not publicly disclosed.
Key Investors
- Andreessen Horowitz
- Details: Andreessen Horowitz is a leading venture capital firm known for investing in technology companies. They have a strong reputation for backing innovative startups and helping them scale.
- Investment Focus Areas: Technology companies, healthcare, digital sectors
- Notable Investments: Facebook, Airbnb, Lyft
- Inception Health
- Details: Inception Health is a healthcare innovation organization that focuses on leveraging technology to improve patient outcomes. They are known for their investments in companies that offer innovative healthcare solutions.
- Investment Focus Areas: Innovative healthcare solutions, technology-driven healthcare improvements, patient outcome enhancement
- Notable Investments: Not publicly disclosed
- Ziegler Link-Age Funds
- Details: Ziegler Link-Age Funds is a venture capital firm that invests in companies providing innovative solutions in the healthcare and senior living sectors. They focus on technologies and services that improve the quality of life and care for older adults.
- Investment Focus Areas: Healthcare, senior living sectors, technologies and services for older adults
- Notable Investments: Not publicly disclosed
- LRV Health
- Details: LRV Health is a venture capital firm that invests in healthcare companies. They focus on innovative solutions in the health sector and have a strong track record of supporting startups in this space.
- Investment Focus Areas: Healthcare companies, innovative health solutions
- Notable Investments: Not publicly disclosed
- Company Ventures
- Details: Company Ventures is a venture capital firm that supports early-stage startups across various sectors. They are known for their hands-on approach and commitment to helping startups grow.
- Investment Focus Areas: Early-stage startups, healthcare, various sectors
- Notable Investments: Not publicly disclosed
What's Next for Season Health?
Season Health is poised to capitalize on the growing trend of personalized health solutions. With significant investments and partnerships, the company is well-positioned to expand its food-as-medicine programs, addressing chronic conditions like diabetes and hypertension. The recent $34 million Series A funding and $7 million investment for scaling operations highlight the substantial opportunities available.
Future fundraising appears promising as Season Health continues to demonstrate the efficacy of tailored meals in improving health outcomes. The company's strategic acquisitions and partnerships with major health insurers like Aetna and Cigna could attract further investments, enabling them to scale their services and reach a broader audience.
However, challenges such as competition from other health tech startups and navigating regulatory requirements remain. Ensuring the quality and reliability of their meal planning and delivery services will be crucial for sustained growth and success in the evolving health tech landscape.
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