Health tech startup Prescribe FIT raises $4M in oversubscribed seed spherical; welcomes former Cardinal Health CEO to board

The Prescribe FIT cellular app, PACE (Prescribe, Assess, Connect, & Engage)

“After leaving Cardinal Health, I evaluated dozens of alternatives for what’s subsequent,” Kaufmann mentioned. “Prescribe FIT was among the many most enjoyable firms I met with. Their crew, tradition and mission instantly impressed me.”

Remote monitoring and digital life-style well being startup Prescribe FIT just lately closed an oversubscribed $4 million sequence seed spherical led by Tamarind Hill, a enterprise capital agency investing in tech-driven healthcare and provide chain firms. Prescribe FIT plans to make use of the funding to scale their answer in 2023 and past.

The orthopedic weight reduction startup closed their seed spherical quickly after welcoming a number of new, high-profile board members, in addition to increasing coast-to-coast to states together with Florida, Arizona, Hawaii, and others; a transfer that elevated their variety of prescribing suppliers 20-fold.

Additional fundraise individuals embrace the Grote household—house owners of Donatos Pizza and longtime Prescribe FIT buyers—in addition to practising orthopedic surgeons and different notable enterprise leaders corresponding to Mike Kaufmann, the latest CEO of Fortune 15 pharmaceutical and medical provide distributor Cardinal Health.

As his first enterprise since stepping down from his five-year tenure as CEO of Cardinal Health in August, Kaufmann will function an addition to Prescribe FIT’s board of administrators.

“After leaving Cardinal Health, I evaluated dozens of alternatives for what’s subsequent,” Kaufmann mentioned. “Prescribe FIT was among the many most enjoyable firms I met with. Their crew, tradition and mission instantly impressed me.”

Kaufmann will lend his over three a long time of expertise as a healthcare trade chief to advise on Prescribe FIT’s imaginative and prescient and progress technique.

Joining Prescribe FIT’s board of advisors is Howard J. Luks, MD, famend orthopedic surgeon and sports activities drugs specialist and writer of the e book, “Longevity…Simplified,” a sensible information to dwelling an extended, more healthy life.

“I’m thrilled to affix Prescribe FIT as an advisory board member,” mentioned Dr. Luks. “Their deal with life-style well being is well-aligned with my very own strategy to care as an orthopedic surgeon. Together, we’re taking over what they name the ‘Orthobesity™’ disaster.”

“Orthobesity™,” a portmanteau of the phrases “orthopedic” and “weight problems,” was coined by Prescribe FIT to explain the overrepresentation of people with weight problems within the orthopedic affected person inhabitants. As many as 55% of patients in any given orthopedic clinic are overweight, in comparison with about 42% of the overall inhabitants.

The robust affiliation between weight problems and orthopedic points is what drives Prescribe FIT’s deal with life-style well being and weight reduction for orthopedic sufferers. With distant monitoring and well being teaching, Prescribe FIT has helped sufferers lose a mean of 5.4% of their weight in 16 weeks. 82% of sufferers diminished their extreme ache in 30 days.

Beyond the numbers, Prescribe FIT has helped sufferers enhance their well being and regain bodily skills they thought have been lengthy gone. According to their testimonials web page, sufferers have efficiently diminished or eradicated their insulin use and others regained the power to stroll with out help.

With the conclusion of their first sequence seed spherical, Prescribe FIT CEO and founder Brock Leonti mentioned the corporate now has its sights set on future financing, with plans to additional their momentum in buyer acquisition and quickly scale affected person engagement.

“With the shut of this spherical and two formidable additions to our crew of consultants, we’re strongly positioned to appreciate our plans for progress and additional set up ourselves because the main platform for orthopedic life-style well being,” mentioned Leonti.

About Prescribe FIT:

Prescribe FIT is a full-service distant monitoring and digital life-style well being answer that extends orthopedic care past the workplace to assist sufferers enhance their musculoskeletal (MSK) well being at residence with easy adjustments to vitamin, bodily exercise, and life-style. By combining modern expertise with one-on-one teaching and affected person outreach, they assist orthopedic practices keep related to their sufferers to assist them lower weight, scale back ache, and enhance mobility at residence.

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