ModifyHealth Secures $13.5 Million in Funding
ModifyHealth™, a prominent player in the food-as-medicine sector, has recently announced the closure of a significant $13.5 million Series C funding round. This funding was spearheaded by Dohmen Company Foundation (DCF), demonstrating a robust commitment to enhancing food-as-medicine initiatives aimed at addressing diet-related diseases.
The partnership between ModifyHealth and Dohmen is built upon a shared vision of eliminating diet-related ailments through innovative nutritional solutions. The funds will be directed towards scaling operations, improving technological frameworks, and ultimately broadening the reach of ModifyHealth's services. This investment will play a crucial role in enhancing the company’s ability to support individuals managing chronic diseases through effective nutritional management.
Rachel Roller, President and CEO of the Dohmen Company Foundation, stated, "We are thrilled to partner with ModifyHealth in our mission to tackle diet-related diseases. Their innovative approach to making healthy eating accessible aligns perfectly with our foundational goals. Together, we are poised to empower individuals across the nation to take charge of their health by bridging the gap between knowledge and application."
ModifyHealth’s comprehensive program addresses chronic conditions such as type 2 diabetes, obesity, and hypertension, offering customized meal plans that include Low-FODMAP, gluten-free, and Mediterranean options. Beyond meals, the platform provides live nutrition coaching and education to facilitate lasting lifestyle changes. This commitment positions ModifyHealth not just as a provider of meals, but as a partner in health improvement.
In his statement, GB Pratt, Founder and CEO of ModifyHealth, emphasized the significance of this partnership: "Dohmen's involvement represents a pivotal moment for us in our journey to integrate telenutrition and medically tailored meal support into standard healthcare practices. This funding will expand our capabilities, improve our technological infrastructure, and increase our capacity to support individuals in their health journeys."
With the resources allocated from this funding round, ModifyHealth aims to enhance its efficiency and accessibility, ensuring that more people can benefit from the proactive management of their health through tailored dietary solutions. The goal is to make nutrition a central tool in combating and potentially reversing chronic health conditions.
The collaboration with DCF signifies a forward stride in ModifyHealth's mission. By joining forces with existing investors such as RC Capital and Nashville Capital Network, they are poised for substantial growth. The company is establishing a clear path toward the widespread acceptance of food-based health management as a viable and effective intervention in healthcare.
ModifyHealth brings a unique offering with its direct-to-consumer meal delivery service, complemented by dietitian support and remote patient monitoring. This multifaceted approach allows patients to engage with their diet in a meaningful way, ensuring that the health and nutrition strategies they adopt lead to tangible benefits.
About ModifyHealth
ModifyHealth is dedicated to transforming health through the power of nutrition, making food-as-medicine solutions more effective and approachable for everyone. The company specializes in the delivery of medically tailored meals that cater to specific dietary needs, thereby supporting patients managing chronic diseases.
About Dohmen Company Foundation
With over 165 years in the healthcare sector, the Dohmen Company Foundation focuses on creating a future devoid of diet-related diseases through investments in nutritional solutions and community support.
For further details, visit
ModifyHealth and
Dohmen Company Foundation.