Exclusive: Telehealth Startup Calibrate Notches A $100 Million Series B From Founders Fund And Tiger Global

Sumary of Exclusive: Telehealth Startup Calibrate Notches A $100 Million Series B From Founders Fund And Tiger Global:

• Isabelle Kenyon is an alumna of investment banking, the Ivy League, and the Forbes 30 Under 30. She’s also the founder and CEO of Calibrate, a telehealth startup that is attempting to disrupt the $70 billion weight loss industry.
• Daniela Spector (Daniela Spector (Photographer) – [None] Last June, Isabelle Kenyon took her telehealth startup Calibrate out of stealth mode with a team of 10 and an ambitious goal: Kenyon wanted to disrupt the $70 billion weight-loss industry by focusing on holistic metabolic health instead of pounds on the scale.
• By January, she’d raised a $22.5 million Series A, grown her team to 52 people, and watched as Calibrate customers started achieving real results on the program.
• Seven months later, Forbes can report, exclusively, that Kenyon has hit a new milestone: Calibrate has raised a $100 million Series B round of funding, co-led by new investors Founders Fund and Tiger Global.
• Optum Ventures also participated in the round, which brings Calibrate’s total funding to $127.6 million, as did existing investors Forerunner Ventures, Threshold Ventures, and Redesign Health.
• Kenyon sees this funding as fuel to start testing Calibrate into enterprise channels, she told Forbes.
• ” The close of the Series B also means that Founders Fund partner Brian Singerman will join Calibrate’s board of directors.
• He describes his decision to invest in Calibrate as one “almost entirely” based on Kenyon and her vision.

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From Forbes - August 25, 2021