Andreessen Horowitz-backed knownwell, a hybrid weight-inclusive major and metabolic care supplier, introduced it acquired AI-enabled precision metabolic well being administration firm Alfie Well being to boost its scientific choice help choices.
Boston-based knownwell touts itself as a weight-inclusive supplier that provides major care and metabolic well being providers in-person or nearly. The corporate has brick-and-mortar areas in Texas and New England and can open an workplace in Minnesota later this 12 months.
Alfie provides an AI-enabled platform dubbed ObesityRx. The platform analyzes medical histories to find out what therapies will most successfully enhance a person’s metabolic well being.
The New York-based firm stated on its web site, “As a part of the acquisition, standalone entry to Alfie’s platform and Alfie-affiliated clinics had been shut down.”
By the acquisition, Alfie’s ObesityRx platform shall be built-in into knownwell’s care mannequin, which knownwell says will deepen its value-based care infrastructure and improve its scientific choice help.
knownwell additionally introduced the appointment of James Chaukos as its first chief working officer and John Frager as its chief progress officer.
Chaukos previously served as cofounder, chief working officer, and chief monetary officer of Cricket Well being, now Interwell Well being. Frager beforehand labored for Carbon Well being.
“This acquisition by knownwell helps us ship on our mission to supply sufferers in want with best-in-class weight problems administration,” Alexander Singh, founder and CEO of Alfie Well being, stated in a press release. “knownwell’s management, scientific experience, and hybrid mannequin make them a frontrunner in weight problems administration, and their hybrid mannequin will strengthen our high-touch care method to enhance affected person outcomes.”
THE LARGER TREND
knownwell launchedin January of final 12 months with $4.5 million in seed funding led by Flare Capital Companions and secured $20 million in Sequence A funding in December.
Final 12 months, Alfie raised $2.1 million for its weight reduction platform.
One other firm targeted on weight administration is Lumen, maker of a handheld metabolism measurement gadget. The corporate secured $62 million in Sequence B funding in 2022.
