Nutrition focused telehealth startup Fruit Street Health had raised $3 million from physician investors in a fresh round of funding this week. The New York company integrates telemedicine, activity trackers, and medical devices into a program to help physicians and dieticians monitor and check in with patients as part of a diabetes prevention program. DPP is a structured intervention program designed to halt people deemed at risk
DPP is a structured intervention program designed to halt people deemed at risk of developing type 2 diabetes from getting the chronic condition. Centers for Medicare and Medicaid agreed to reimburse for participation in these programs to reduce the cost of managing the disease, which affects about one-quarter of the population, and is in the process of expanding it.
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In a news release, the business said the new funding would be used for software development through its joint venture agreement with telemedicine vendor VSee.com and to hire more dietitians for the DPP program for commercial health plans.
Through partnerships with Fitbit, VSee and device maker iHealth Labs and other vendors, Fruit Street’s app enables users to aggregate their data from these devices and share it with physicians. It also recently joined Solera Health’s network of DPP providers.
By its own reckoning, Fruit Street has raised $8.4 million from 200 doctors, to date. That includes $5.4 million between November 2015 and June 2016. In an interview last year, Fruit Street Health Founder and CEO Laurence Girard said it planned to use some of the funding to add product development staff.
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