The Rise Fund invests $200m in Foodsmart, a US tele-nutrition platform targeting food insecurity and chronic disease patients.

The Rise Fund leads $200m investment in Foodsmart, a US tele-nutrition platform that partners with health plans & providers to offer affordable, personalized healthy eating options to patients facing food insecurity & chronic diseases. Serving 2.2M members, the platform integrates virtual nutrition counseling & food benefits management, showing potential savings of $24-$58/member/month & improved HbA1c levels. The investment aims to expand reach & improve health outcomes for underserved, low-income demographics.

June 26, 2024
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