About Found
Found is a company based in San Francisco (United States) founded in 2020. It operates as a Subscription Services, Direct-to-Consumer (D2C), and HealthTech. Found has raised $132 million across 3 funding rounds from investors including WestCap, TCG and IVP. The company has 30 employees as of December 31, 2022. Found offers products and services including Ozempic®, Zepbound®, Mounjaro®, and Metformin. Found operates in a competitive market with competitors including HealthifyMe, FITTR, CoachCare, CALIBER and Freeletics, among others.
- Headquarter San Francisco, United States
- Employees 30 as on 31 Dec, 2022
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Found Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$132 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series B
Dec 16, 2021
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Investors
WestCap
& 9 more
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Employee Count
30
as on Dec 31, 2022
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Products & Services of Found
Found offers a comprehensive portfolio of products and services, including Ozempic®, Zepbound®, Mounjaro®, and Metformin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Medication is provided for effective weight loss support.
Injection is offered for significant weight reduction results.
Treatment is delivered for personalized weight management plans.
Oral tablet is used for weight loss assistance.
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Funding Insights of Found
Found has successfully raised a total of $132M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $100.0M
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First Round
First Round
(01 Jun 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Found | Valuation | WestCap | |
| Sep, 2021 | Amount | Series A - Found | Valuation | Google Ventures , Atomic | |
| Jun, 2020 | Amount | Seed - Found | Valuation | Atomic , Define Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Found
Found has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include WestCap, TCG and IVP. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward multiple sectors by WestCap.
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Venture capital firm investing in consumer sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Found
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Found
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Found Comparisons
Competitors of Found
Found operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HealthifyMe, FITTR, CoachCare, CALIBER and Freeletics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered personalized nutrition and fitness coaching is provided.
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| domain | founded_year | HQ Location |
Personalized online fitness and nutrition coaching is provided.
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| domain | founded_year | HQ Location |
Remote monitoring platform for tracking patient activity
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| domain | founded_year | HQ Location |
Science-based personalized fitness coaching is provided through data-driven plans.
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| domain | founded_year | HQ Location |
Personalized fitness coaching plans are delivered via a mobile application.
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| domain | founded_year | HQ Location |
Expert-led fitness and nutrition programs are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Found
Frequently Asked Questions about Found
When was Found founded?
Found was founded in 2020.
Where is Found located?
Found is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Found a funded company?
Found is a funded company, having raised a total of $132M across 3 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on Jun 01, 2020.
How many employees does Found have?
As of Dec 31, 2022, the latest employee count at Found is 30.
What does Found do?
Personalized weight loss solutions are provided by Found through a telehealth platform. A wide range of medications, including GLP-1s like Ozempic and Zepbound, are prescribed to support weight management. Services are tailored to individual health profiles, budgets, and insurance coverage. Comprehensive support is extended via health coaching, community engagement, and habit-tracking tools. Coverage is accepted across numerous U.S. states, addressing both biological and behavioral aspects of weight care. Partnerships with insurance carriers are maintained to enhance affordability for members.
Who are the top competitors of Found?
Found's top competitors include HealthifyMe, FITTR and CALIBER.
What products or services does Found offer?
Found offers Ozempic®, Zepbound®, Mounjaro®, and Metformin.
Who are Found's investors?
Found has 10 investors. Key investors include WestCap, TCG, IVP, G9 Ventures, and Able Partners.
What is Found's valuation?
The valuation of Found is $600M as of Dec 2021.