About Lose It!
Lose It! is a company based in Boston (United States) founded in 2008 was acquired by Everyday Health Group in June 2022.. Lose It! has raised $5.5 million across 1 funding round from investors including United Healthcare, General Catalyst and Everyday Health Group. Lose It! operates in a competitive market with competitors including Noom, Calibrate, Second Nature, Profile Plan and Beyondbmi, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fitnow 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
$5.5 M (USD)
in 1 rounds
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Latest Funding Round
$5.5 M (USD), Series A
Jun 01, 2012
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Investors
United Healthcare
& 2 more
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Employee Count
Employee Count
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Acquired by
Everyday Health Group
(Jun 24, 2022)
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Funding Insights of Lose It!
Lose It! has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.5 million completed in June 2012. 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 1
- Last Round Series A — $5.5M
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First Round
First Round
(01 Jun 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Series A - Lose It! | Valuation | General Catalyst , United Healthcare |
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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 Lose It!
Lose It! has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include United Healthcare, General Catalyst and Everyday Health Group. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Insurance provider
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Founded Year | Domain | Location | |
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Delivers trusted health information and resources to consumers and professionals online.
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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 Lose It!
| 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 - Lose It!
| 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 |
Lose It! Comparisons
Competitors of Lose It!
Lose It! 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 Noom, Calibrate, Second Nature, Profile Plan and Beyondbmi, 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 |
Provider of a digital platform for weight loss management and behavior change
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| domain | founded_year | HQ Location |
An online personalized weight loss program is offered by Calibrate.
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| domain | founded_year | HQ Location |
A digital weight-loss programme is provided by Second Nature.
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| domain | founded_year | HQ Location |
Offers customized nutrition plans for effective weight loss management.
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| domain | founded_year | HQ Location |
Applications and web-based solutions for weight loss management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lose It!
Frequently Asked Questions about Lose It!
When was Lose It! founded?
Lose It! was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is Lose It! located?
Lose It! is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Lose It! a funded company?
Lose It! is a funded company, having raised a total of $5.5M across 1 funding round to date. The company's 1st funding round was a Series A of $5.5M, raised on Jun 01, 2012.
What does Lose It! do?
Lose It! was founded in 2008 in Boston, United States, operating in the health and wellness sector. A mobile app is utilized for monitoring diet and nutrition to support weight loss management. Calories, macronutrients, protein, water, carbohydrates, sugar, body measurements, sleep cycles, and additional factors are tracked by users. A food library database is maintained, allowing selection of meal plans aligned with specific health objectives.
Who are the top competitors of Lose It!?
Lose It!'s top competitors include Calibrate, Noom and Second Nature.
Who are Lose It!'s investors?
Lose It! has 3 investors. Key investors include United Healthcare, General Catalyst, and Everyday Health Group.
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