US-based telemedical startup Form Health has Secured $38M series B funding to further develop its telehealth technology platform, recruit more certified physicians, and enhance its partnership with enterprises.
Founded by Evan Richardson in 2019, the company focuses on helping people struggling with obesity to lose weight through a science-backed personalized approach.
As reported by GlobalData, the latest funding round was spearheaded by Sound Ventures, with contributions from Next View Ventures, M13, and SignalFire.
Form Health partners with many Fortune 200 companies to expand its customer base. The company’s services cover a wide range of customers, including employers, consultants, and health plans.
The company also employs American Board of Obesity Medicine (ABOM) certified professionals to ensure effective service delivery to those seeking help.
Telehealth Technology Platform
Form Health’s services are delivered exclusively online. The company employs a telehealth model comprising a dedicated clinical care team consisting of an ABOM-certified doctor and registered dietitian.
The two health professionals form part of an individual’s personalized weight loss plan tailored to meet their specific needs. Additionally, the company leverages an interactive app and digital scale to maintain close contact with patients.
Since its founding, the startup has reached tens of thousands of people in many households across the US through telehealth visits and unlimited messaging.