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§ Private Profile · 85 Broad St Fl 17, New York City, New York, 10004, United States
Telemedicine company offering digital health integrating wearables with telehealth for weight loss and prediabetes management.
Fruit Street has raised $24.8M across 4 funding rounds.
Key people at Fruit Street.
Fruit Street has raised $24.8M in total across 4 funding rounds.
Fruit Street Health is a telemedicine company based in New York City that provides digital health services integrating wearable devices with telehealth platforms for weight loss and prediabetes management. Operating as a registered public benefit corporation, the organization utilizes a specialized physician funded business model and has raised capital from hundreds of individual physician investors to support its clinical operations. The proprietary software platform delivers managed medical services directly to consumers while simultaneously targeting commercial health insurance providers, regional hospital networks, and local independent medical practices. To supplement its primary funding strategy, the company has previously conducted equity crowdfunding campaigns through investment platforms like StartEngine, and its executive leadership maintains strategic connections to entities such as Prevently, Welliko, and the New Amsterdam FC soccer team. Fruit Street Health was founded in 2014 by Laurence Girard.
Fruit Street has raised $24.8M across 4 funding rounds. Most recently, it raised $17.0M Other Equity in March 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 10, 2020 | $17M Venture Round | — | — | Announced |
| Aug 2, 2017 | $3M Venture Round | Jeremy Tucker | — | Announced |
| Nov 30, 2016 | $4M Series A | — | — | Announced |
| Feb 10, 2015 | $800K Seed | — | Asif Ali, M.d., Fred Mcphail, Kiran Chennareddy, Marcel Gasser, Patrick Wittwer, Pavani Kode, Prasad, Pushpa Kumar, Ramesh Kumar MD, Ravi Kamepalli, R. James Toussaint, M.d., Sarat Kuchipudi, Sreenivasa Chanamolu, Venkata Battula, Vijay Alla, MD, Virginia Giugliano, MD | Announced |
Fruit Street is a digital health company offering a telehealth platform focused on preventing Type 2 diabetes through a year-long Diabetes Prevention Program (DPP) for prediabetic individuals.[1][3][4] It delivers virtual lifestyle coaching via Zoom classes with registered dietitians, integrates wearable devices like Fitbit and wireless scales for tracking weight loss and health metrics, and provides optional dietitian-approved meal delivery through partners like Modify Health.[1][2][4] The program targets the 1 in 3 Americans with prediabetes, serving Medicare patients at no cost and aiming for 5-7% weight loss to reduce diabetes risk by up to 58% (71% for those over 60), based on Medicare-funded trials.[1][4] Fruit Street has raised $25.95M–$28.3M across multiple rounds, remains in incubator/accelerator stage, and operates as a public benefit corporation from New York City.[1][2]
Founded in 2014 as Welliko (later rebranded to Fruit Street), the company emerged in the early telehealth boom to address chronic disease prevention, particularly diabetes, through virtual care.[1] Headquartered at 85 Broad Street in New York, it was physician-funded and positioned as a telemedicine platform licensed to healthcare professionals for HIPAA-compliant video consultations and patient monitoring via wearables.[2][5] Early traction came from integrating with devices for diet, lifestyle, and health tracking, evolving into a CDC-recognized National DPP provider with partnerships like LabCorp for prediabetes testing and Zoom for group sessions.[1][4] Pivotal moments include securing incubator funding and expanding to Medicare-covered programs, humanizing its mission to reverse prediabetes for millions.[1][3][4]
Fruit Street rides the telehealth and digital therapeutics wave, capitalizing on post-pandemic virtual care adoption and rising chronic disease burdens like prediabetes affecting 1 in 3 Americans.[1][3][4] Timing aligns with Medicare's expansion of DPP coverage (post-$175M trials) and CDC recognition, amid market forces like wearable proliferation (Fitbit integrations) and demand for scalable prevention over treatment.[1][4] It influences the ecosystem by enabling healthcare providers to deliver remote, outcomes-driven programs, reducing diabetes incidence and costs—positioning it against competitors like Wellocity Health in a fragmented digital health space.[1]
Fruit Street's momentum lies in Medicare partnerships and proven risk reductions, with potential to scale via AI-enhanced coaching or broader chronic care expansions like hypertension programs.[1][4] Trends like value-based care and wearables ubiquity will propel growth, evolving its influence from niche DPP to comprehensive virtual wellness platforms amid aging populations.[3] As telehealth matures, expect deeper insurer integrations and data-driven personalization, solidifying its role in preventive health—directly advancing the mission to help prediabetics sidestep Type 2 diabetes.
Fruit Street has raised $24.8M in total across 4 funding rounds.
Fruit Street's investors include Jeremy Tucker, Asif Ali, M.D., Fred McPhail, Kiran Chennareddy, Marcel Gasser, Patrick Wittwer, Pavani Kode, Prasad, Pushpa Kumar, Ramesh Kumar MD, Ravi Kamepalli, R. James Toussaint, M.D..
Key people at Fruit Street.
