Andreessen Horowitz-backed knownwell, a hybrid weight-inclusive main and metabolic care supplier, introduced it acquired AI-enabled precision metabolic well being administration firm Alfie Well being to boost its medical determination assist choices.
Boston-based knownwell touts itself as a weight-inclusive supplier that provides main care and metabolic well being providers in-person or nearly. The corporate has brick-and-mortar places 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 have been shut down.”
Via the acquisition, Alfie’s ObesityRx platform might be built-in into knownwell’s care mannequin, which knownwell says will deepen its value-based care infrastructure and improve its medical determination assist.
knownwell additionally introduced the appointment of James Chaukos as its first chief working officer and John Frager as its chief development 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 offer sufferers in want with best-in-class weight problems administration,” Alexander Singh, founder and CEO of Alfie Well being, stated in an announcement. “knownwell’s management, medical experience, and hybrid mannequin make them a frontrunner in weight problems administration, and their hybrid mannequin will strengthen our high-touch care strategy 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 Collection A funding in December.
Final 12 months, Alfie raised $2.1 million for its weight reduction platform.
One other firm centered on weight administration is Lumen, maker of a handheld metabolism measurement machine. The corporate secured $62 million in Collection B funding in 2022.
