Found, a San Francisco, CA-based fashionable weight care platform, raised $100M in Sequence B funding.
The spherical was led by WestCap, with participation from IVP, The Chernin Group, G9 Ventures, and In a position Companions, in addition to current buyers at GV, Outline and founding investor Atomic, angel buyers Fidji Simo, CEO of Instacart, and Julia Cheek, CEO of Everly Well being.
The corporate intends to make use of the funds to broaden operations and its enterprise attain.
Discovered is a complete answer for customized, lasting weight care that addresses the lacking hyperlink within the current weight reduction market, biology. With medical doctors, nurses, coaches, and a supportive group, the corporate is equipping People with the assets they want, together with FDA accredited medicine and particular person teaching, to attain lasting weight reduction.
As a part of the information, Discovered is including Dr. Rekha Kumar as its first Chief Medical Officer. Dr. Kumar is a globally acknowledged chief in Weight problems Drugs and a working towards endocrinologist and weight problems drugs specialist. She beforehand served because the Medical Director of the American Board of Weight problems Drugs and is an Affiliate Editor of The Journal of Weight problems. She is Board Licensed in Inside Drugs, Weight problems Drugs, and Endocrinology.
Dr. Acacia Parks can be becoming a member of Discovered as Chief Behavioral Well being Officer. Dr. Parks was beforehand Chief Science Officer at Happify Well being, which supplies digital therapeutic and care supply options to enhance psychological and bodily well being. She has her PhD in Psychology from College of Pennsylvania, the place she skilled underneath Dr. Martin Seligman and co-authored a number of seminal papers on optimistic psychology.
The brand new management additions on the medical aspect of the enterprise introduced at the moment comply with different key appointments made earlier this yr. Discovered lately introduced Sarah Jones Simmer as CEO two months in the past, following her roles as Chief Working Officer and Chief Technique Officer of Bumble. Previous to that, Alexandre Linares joined Discovered as Chief Product Officer, following his position as VP of Product at Headspace.