Berry Street, a leading nutrition counseling platform in the US, announced it raised $50 million in its latest funding roundz to expand its AI business-in-a-box platform, already serving thousands of dietitians and growing. The company has secured investment from Northzone, Sofina, FJ Labs, the Founder of Revolut, the Co-Founder of Spring Health, the Co-Founder of Grow Therapy, the CEO of Found, and others.
With many Americans suffering from diet-related chronic diseases, Berry Street’s vision is to shift the focus of healthcare in the US to a preventative, nutrition-led care model to address issues like obesity, diabetes, and heart disease at the root. And their programs drive long-term, sustained behavior change around eating by pairing expert dietitian care with an AI-supported patient-facing app. Berry Street connects patients with registered dietitians for 1:1 counseling—which is typically 100% covered by insurance with $0 out-of-pocket for patients.
Even though nearly two-thirds of Americans are eligible for this insurance-covered nutrition care, this valuable benefit remains highly underutilized due to the many administrative challenges dietitians face in entering private practice: lengthy and complex insurance enrollment processes, challenging billing requirements, and outdated software options. Berry Street addresses these barriers with their AI-enabled business-in-a-box tools, allowing dietitians to launch their businesses in just a couple of days by greatly simplifying the process of accepting insurance, offering virtual care, clinical documentation, and patient communications.
The company already has a wide network of dietitians and partnerships with over 1,250 insurance plans nationwide, including Aetna, Anthem, Cigna, UnitedHealthcare, and several Blue Cross Blue Shield affiliates. And the platform also partners with large enterprises such as WeightWatchers and Mayo Clinic Diet to reach a wider audience with its care model and will expand into other channels such as payers and employers in order to reshape the healthcare journey for the hundreds of millions of Americans whose lives can be significantly improved with better nutrition.
Launched in New York City by Noah Kotlove and Jesse Rose, Berry Street launched in 2023 and has rapidly expanded to already become the largest network of nutrition specialists in the world. And with the fresh $50 million in capital, Berry Street will continue to build out both its consumer nutrition platform and its suite of provider AI tools to drive better health outcomes for patients and increased revenue for its network of dietitian practices.
KEY QUOTES:
“For far too long, the legacy U.S. healthcare model has ignored the crucial role that food plays in our physical and mental wellbeing. And as a result, Registered Dietitians have been an afterthought — despite the clear improvements they can drive in both patient outcomes and overall healthcare costs. We started Berry Street to empower dietitians to build private practices and ultimately establish their rightful role on every American’s care team. Nutrition care has the potential to positively impact any patient’s quality of life, whether addressing an existing condition or as preventative care. Our vast network of dietitians covers dozens of specialties, with key areas of focus including weight management (including GLP-1 therapies), women’s health, and gut health.”
- Noah Kotlove, Co-Founder and CEO of Berry Street
“The team has built the most engaging consumer and provider-facing apps we have seen in the market as well as automated a lot of the complex back office healthcare functions seamlessly using AI. We’re excited for them to double down on this with this massive capital raise. The data around diet behavior change that Berry Street is building will help them win in this market with payers who are renewing their interest in this category due to the tremendous impact of GLP-1s. On the consumer side, we also believe that these drugs have given us a taste of how good it can feel to lead a healthy lifestyle, now we are ready to change their behaviors around eating in order to sustain the results!”
- Wendy Xiao, Partner at Northzone
