- NourishedRx recently announced it raised $6 million in a seed round of funding. These are the details.
NourishedRx – a digital health company founded with the support of the Mailman School of Public Health at Columbia University – recently announced it has raised $6 million in seed funding. And S2G Ventures led the round with additional investors Route 66 Ventures, Connecticut Innovations, Primetime Partners, and other individual investors. This funding round will allow NourishedRx to expand its high-tech, high-touch platform to provide personalized, culturally relevant food solutions to health plan members nationwide.
Plus the company is appointing two new leaders to its executive committee:
Hari Kolasani, Chief Technology Officer.
Kolasani joined NourishedRx with 20+ years of experience in the healthcare technology industry. And with a career dedicated to building tech and API platforms and products, Kolasani is a true believer in the power of interoperability and is a Fast Healthcare Interoperability Resources (FHIR) practitioner. Prior to NourishedRx, Kolasani co-founded and served as CTO of Hura, and most recently was the CTO for Solera Health.
Jeff Hancock as the new Chief Growth Officer.
Hancock brings a passion for food-for-health and 20+ years of healthcare experience to NourishedRx. And he has held various leadership positions overseeing marketing, sales, and new business development throughout his career. Before joining the team, Hancock most recently served as the executive vice president of sales and client success at Higi.
Through its Registered Dietitian-supervised innovative platform, NourishedRx matches individuals with highly personalized, clinically appropriate and culturally relevant food solutions, as well as grocery shopping and meal prep guidance, alongside nutrition consultations. And through constant high-touch interactions, achieving lasting and impactful dietary change is becoming a reality.
To further reach those in need on a nationwide scale, NourishedRx expanded its offerings in December 2021 to include new culturally and clinically relevant grocery and fresh produce bundles delivered by both national and local community-based food partnerships. And NourishedRx has also established new partnerships with multiple Medicare Advantage and Managed Medicaid plans to provide its services as part of an all-encompassing healthcare solution.
KEY QUOTES:
“NourishedRx is on a mission to close gaps in health equity by making nutritious and culturally relevant food accessible for health plan providers’ most vulnerable members. This is a pivotal moment for NourishedRx as we seek to unlock the power of food and reach those who need it most. This funding round will position us to expand the solutions we provide and to serve more people. I also want to warmly welcome Hari and Jeff to NourishedRx; with these new appointments, we are adding two highly qualified and passionate leaders to the team. I look forward to working closely with them to usher NourishedRx into its next chapter.”
– Lauren Driscoll, CEO and founder, NourishedRx
“While nutrition can prevent or address several health issues, there is a large gap between nutrition and healthcare. The NourishedRx team is bridging the gap by educating members on the importance of nutrition. At S2G, we believe our food system can serve as a healing force and an agent of change, and NourishedRx is an industry leader in this regard.”
– Sanjeev Krishnan, Chief Investment Officer, S2G Ventures
