With $2M seed funding, Health2047 spin out targets scalable diabetes prevention programs

Funding Rounds

Summary

Called First Mile Care, the new entity will use its $2 million in seed funding to build a scalable platform for connecting people with prediabetes to coaches and demographic-appropriate behavior change guidance. By pulling zip code-specific demographic data, users are matched with coaches that can consider potential social and geographic determinants of health when counseling a patient. With this information, the 16-week program looks to help individuals self educate, develop personalized action plans, and adopt small but meaningful changes in behaviors that could prevent a long and costly chronic condition. … We put together First Mile Care to help as many of those 84 million people as possible, and that enormous expense as well.” Pulling from his background in the consumer health industry, Ronn stressed the long-term impact low costs and convenience can have on a product’s stickiness. Earlier this year Health2047 announced a $27.2 million follow-on investment from the AMA, which the enterprise said at the time would go toward development and commercialization of products targeting chronic disease reduction, among other focuses.

$ Funding

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Amount $2.0M Total raised
Date October 9, 2018 Announcement date
Investors - Lead investors
Company https://firstmilecare.com Funded company

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