Tech Company Financing Transactions
Intellihealth Funding Round
Atlantic Health System, Black Opal Ventures and Hearst Ventures invested in a $24 million Series A funding round for Intellihealth. This VC investment round closed on 3/28/2024.
Transaction Overview
Company Name
Announced On
3/28/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series A
Proceeds Purpose
Most of the financing will be used to grow Flyte, a clinical telehealth affiliate that prescribes weight loss medication beyond GLP-1s owned by Intellihealth's co-founder Katherine Saunders, who is married to Sloan.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
600 California Street, 15th Floor
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Undisclosed
Website
Email Address
Overview
When Dr. Louis Aronne founded the Comprehensive Weight Control Center (CWCC) at Weill Cornell in 1986, he was one of the first to treat obesity as a chronic disease. Years later, a young doctor found herself ill prepared to treat the underlying cause of many of her patients' conditions.
Management Team
Title
Name
Email & Social
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