# NewHope Bariatrics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newhope-bariatrics

- Industry: Biotechnology
- Headquarters: Overland Park, US
- Website: www.newhopebariatrics.com
- Total disclosed funding: $11M
- Latest round: Series A (Nov 1, 2006)
- Investors on record: 3

## About

NewHope Bariatrics is dedicated to providing comprehensive resources for bariatric health and weight management solutions, aiming to assist individuals in improving their health outcomes through specialized services.NewHope Bariatrics, founded in 2005, is based in Overland Park, US. The company focuses on bariatric care, providing services to individuals seeking weight loss solutions. It has undergone two notable funding rounds, culminating in a SERIES A round in which USD 11.00 mn was raised from Austin Ventures, Square 1 Bank, and Versant Ventures. The total amount raised by the company is USD 11.00 mn, with a current valuation of USD 15.626 mn. Austin Ventures previously held a stake in the company, which has now been divested.NewHope Bariatrics specializes in providing resources and information related to bariatric health and weight management solutions. The company focuses on a range of services aimed at addressing obesity and related health issues, including educational resources, dietary programs, and support tools for individuals seeking weight loss through both surgical and non-surgical means. The primary clientele comprises individuals aiming to improve their health outcomes through bariatric procedures or lifestyle changes, as well as healthcare providers seeking information to better assist their patients. The geographical markets served encompass both national and international clients, particularly in regions significantly impacted by obesity.The revenue structure of NewHope Bariatrics is not explicitly outlined in the available information. However, typical transactions in the bariatric health sector might involve direct-to-consumer sales, partnerships with healthcare providers, or subscription models for ongoing support and resources. Revenue is primarily generated through direct sales to consumers and potential collaborations with healthcare entities, focusing on delivering value to users seeking effective weight management solutions.NewHope Bariatrics aims to expand its product offerings and enter new markets. The recent SERIES A funding will facilitate the development of upcoming educational resources and dietary programs to assist clients in managing their weight more effectively. The company has identified regions with rising obesity rates for expansion, although specific targets and timelines are not provided.

## Funding rounds

- Series A, Nov 1, 2006, $11M — Austin Ventures, Versant Ventures, Square 1 Bank

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series A
- Versant Ventures (https://capitalatlas.ai/funds/versant-ventures) — Series A
- Square 1 Bank — Series A