Supported by Andreessen Horowitz Knownwell, a hybrid major and metabolic care supplier, introduced the acquisition of Alfie Well being, a synthetic intelligence precision metabolic well being administration firm, to reinforce its medical resolution help companies.
Boston-based Knowwell payments itself as a weight-inclusive supplier providing major care and metabolic well being companies in individual or nearly. The corporate has brick-and-mortar places in Texas and New England and can open an workplace in Minnesota later this yr.
Alfie gives a synthetic intelligence platform known as ObesityRx. This platform analyzes medical historical past to find out which remedies will likely be handiest in bettering a person’s metabolic well being.
“As a part of the acquisition, unbiased entry to the Alfie platform and Alfie-affiliated clinics was closed,” the New York-based firm mentioned on its web site.
Via the acquisition, Alfie’s ObesityRx platform will likely be built-in into Knowwell’s care mannequin, which Knowwell mentioned will deepen its value-based care infrastructure and improve its medical resolution help.
Knownwell additionally introduced the appointment of James Chaukos as its first working officer and John Frager as chief development officer.
Chaukos served as co-founder, chief working officer and chief monetary officer of Cricket Well being (now Interwell Well being). Frege beforehand labored at Carbon Well being.
“This acquisition of knownwell helps our mission of offering best-in-class weight problems administration companies to sufferers in want,” Alfie Well being founder and CEO Alexander Singh mentioned in a press release. “knownwell’s management Their capabilities, medical experience and hybrid mannequin have made them a frontrunner in weight problems administration, and their hybrid mannequin will improve our high-touch care method to enhance affected person outcomes.
bigger development
knownwell launched final January It raised $4.5 million in seed funding, led by Flare Capital Companions, and obtained $20 million in Collection A funding in December.
Final yr, Alfie raised $2.1 million for its weight reduction platform.
One other firm centered on weight administration is Lumen, a producer of handheld metabolism-measuring gadgets. The corporate gained Collection B financing in 2022 is US$62 million.