# Found Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/found-health

- Industry: Software
- Headquarters: Austin, US
- Website: www.joinfound.com
- Total disclosed funding: $140M
- Latest round: Series B (Dec 16, 2021)
- Investors on record: 8

## About

Based in California, US, and founded in 2019, Found Health, Inc. provides a long-term weight care program. As of 2024, the company is headed by its CEO Ms. Sarah Jones Simmer. In December 2021, Found Health, Inc. raised USD 100 million in Series B funding led by investor WestCap, with other investors Able Partners, G9 Ventures, Institutional Venture Partners, and TCG. Returning investors Atomic Management, Define Ventures, GV, and individual investors also participated in the round. The Series B funding values Found Health, Inc. at USD 530 million post-money.

The company offers a platform that focuses on weight loss and weight management. It provides its customers with personalized coaching, an online community, and prescription medication in case it is required. In addition to lifestyle coaching and tools, the firm weight loss program helps people find suitable medication as per their biology and lifestyle to curb emotional eating, cravings for certain foods, stabilize blood sugar, etc.

## Funding rounds

- Series B, Dec 16, 2021, $100M — Institutional Venture Partners, GV, TCG, Atomic Management, Able Partners, Define Ventures, Westcap Management, G9 Ventures
- Series A, Apr 14, 2021, $32M — GV, Atomic Management, Define Ventures
- Seed, Mar 1, 2020, $8M — Atomic Management, Define Ventures

## Investors

- Atomic Management (https://capitalatlas.ai/funds/atomic-management) — Seed, Series A, Series B
- Define Ventures (https://capitalatlas.ai/funds/define-ventures) — Seed, Series A, Series B
- GV (https://capitalatlas.ai/funds/gv) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B
- TCG (https://capitalatlas.ai/funds/tcg) — Series B
- Able Partners (https://capitalatlas.ai/funds/able-partners) — Series B
- Westcap Management (https://capitalatlas.ai/funds/westcap-management) — Series B
- G9 Ventures (https://capitalatlas.ai/funds/g9-ventures) — Series B