Nutrisystem

Fort Washington, United States Founded: 1972 • Age: 54 yrs Acquired By Kainos Capital
Customized diet plans and meal delivery are offered online.

About Nutrisystem

Nutrisystem is a company based in Fort Washington (United States) founded in 1972 by Harold Katz was acquired by Kainos Capital in October 2020.. Nutrisystem has raised $300 thousand across 1 funding round from investors including Tivity Health, SeventySix Capital and Kainos Capital. The company has 293 employees as of December 31, 2021. Nutrisystem has completed 1 acquisition, including The South Beach Diet. Nutrisystem operates in a competitive market with competitors including Lifesum, Fitterfly, FiNC, Noom and Lose It!, among others.

  • Headquarter Fort Washington, United States
  • Employees 293 as on 31 Dec, 2021
  • Founders Harold Katz
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $691.04 M
    -1
    as on Dec 31, 2018
  • Net Profit
    $58.59 M
    1
    as on Dec 31, 2018
  • EBITDA
    $89.9 M
    -9
    as on Dec 31, 2018
  • Total Equity Funding
    $300 K (USD)

    in 1 rounds

  • Latest Funding Round
    $300 K (USD), Unspecified

    Dec 20, 2002

  • Investors
  • Employee Count
    293

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Kainos Capital

    & 1 more

    (Oct 19, 2020)

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People of Nutrisystem
Headcount 500-1000
Employee Profiles 92
Board Members and Advisors 2
Employee Profiles
People
Ray Bilbao
Chief Legal Officer & Corporate Secretary
People
Will Amason
National Trainer At Tivity Health
People
Caroline Khalil
President
People
Beth Cooper
CTO

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Funding Insights of Nutrisystem

Nutrisystem has successfully raised a total of $300K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $300 thousand completed in December 2002. 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 Rounds 1
  • Last Round Unspecified — $300,000
  • First Round

    (20 Dec 2002)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2002 Amount Unspecified - Nutrisystem Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nutrisystem

Nutrisystem has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Tivity Health, SeventySix Capital and Kainos Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in sports tech sector
Founded Year Domain Location
A middle-market private equity firm based in Dallas, USA.
Founded Year Domain Location
Fitness and health programs for seniors and employers are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nutrisystem

Nutrisystem has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The South Beach Diet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Consumer electronics, home appliances, and mobile devices are manufactured.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Nutrisystem

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nutrisystem Comparisons

Employees
+
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Competitors of Nutrisystem

Nutrisystem 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 Lifesum, Fitterfly, FiNC, Noom and Lose It!, 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
App providing diet and exercise tracking and tips to achieve fitness goals
domain founded_year HQ Location
A mobile app is offered for managing multiple chronic diseases.
domain founded_year HQ Location
Online weight-loss programs are delivered via smartphone apps.
domain founded_year HQ Location
Provider of a digital platform for weight loss management and behavior change
domain founded_year HQ Location
Mobile app to track diet and nutrition intake for weight loss management
domain founded_year HQ Location
Personalized nutrition plans are offered based on microbiome analysis.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Nutrisystem

When was Nutrisystem founded?

Nutrisystem was founded in 1972 and raised its 1st funding round 30 years after it was founded.

Where is Nutrisystem located?

Nutrisystem is headquartered in Fort Washington, United States. It is registered at Fort Washington, Maryland, United States.

Is Nutrisystem a funded company?

Nutrisystem is a funded company, having raised a total of $300K across 1 funding round to date. The company's 1st funding round was a Unspecified of $300K, raised on Dec 20, 2002.

How many employees does Nutrisystem have?

As of Dec 31, 2021, the latest employee count at Nutrisystem is 293.

What is the annual revenue of Nutrisystem?

Annual revenue of Nutrisystem is $691.04M as on Dec 31, 2018.

What does Nutrisystem do?

Nutrisystem was founded in 1972 by Harold Katz in Fort Washington, United States. An online platform is operated for diet and nutrition planning, with a focus on weight loss. Customized meal plans are provided, including options for diabetes patients, and prepared foods are delivered directly to users. The service targets the health and wellness sector, serving customers primarily in the United States.

Who are the top competitors of Nutrisystem?

Nutrisystem's top competitors include Calibrate, Fitterfly and Lose It!.

How many acquisitions has Nutrisystem made?

Nutrisystem has made 1 acquisition, including The South Beach Diet.

Who are Nutrisystem's investors?

Nutrisystem has 3 investors. Key investors include Tivity Health, SeventySix Capital, and Kainos Capital.

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