Ilant Health Raises Addiditional $3M; Extends Seed to $5.5M
Summary
The round, which brought the total amount to $5.5M, saw participation from LifeX Ventures, Celtic House Asia Partners, and Cornucopian Capital, as well as existing investors. It provides end-to-end evidence-based solutions (bariatric surgery, medication, intense behavioral therapy) through a technology-enabled and analytics-driven obesity medicine practice. Its claims analytics, driven by unstructured machine learning, have provided insights around the potential to drive reductions in total cost of care and return on investment from obesity treatment. Ilant supports its members in understanding and selecting optimal treatment options – many of which are not GLP-1s– and then provides integrated care through obesity medicine physicians, dietitians and mental health specialists. As part of this raise, the company has also engaged prominent industry advisors, including Teri Wisness, former Director of U.S. Benefits at Google and Partner at Iron Street Advisors, and Meghan Fitzgerald, former executive at Cardinal Health and member of the Board of Directors at Tenet Healthcare.