Six months after announcing a seed round, digital metabolic health business is back with $22.5 million in Series A funding.
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New York-based Calibrate, founded in 2020 by , is tapping into the category of weight loss programs by offering a year-long metabolic reset that combines FDA-approved prescription medication with behavior therapy around food, sleep, exercise and emotional health delivered through one-on-one video coaching. The company offers the one-year metabolic reset for $129 per month or $249 for only the metabolic assessment.
Kenyon got the idea for Calibrate after her mother had a doctor���s appointment where she learned her mother���s weight was negatively affecting her health.
���I went searching and found a doctor who talked about (glucagon-like peptide-1), typically a diabetes treatment, but was FDA-approved for weight loss,��� Kenyon told 蹤獲弝け News. ���It���s interesting that GLP1s are not stimulants, but there is a huge gap in knowledge about them to help weight loss, which is why doctors don���t know about them.���
The market for GLP-1s is promising: Approximately $500 million was spent on this category of medication for weight loss in the U.S. in the last year, compared with , she said.
The round is led by ��� co-founder and Managing Partner , with participation from existing investors including and . Calibrate has now raised a total of $27.6 million in the past year, including its��$5.1 million seed round last June.
���Calibrate���s platform is enabling consumers to directly connect with decades of clinical research from a world-class group of clinical advisors,��� Melton said in a written statement. ���Obesity is America���s underlying pandemic, and science shows that sustainable weight loss is driven by improving our metabolic health. Calibrate is making that science accessible to consumers for the first time.���
The company first launched in four states, New York, California, Texas and Pennsylvania, and has since added Illinois, New Jersey and Ohio.
The funding will be used to expand Calibrate���s technology platform so it can continue to deliver positive clinical outcomes, as well as develop the first national registry of real-world evidence in the largest category of chronic disease, Kenyon said.
Since last June, the company has been growing 54 percent month over month, and early-access members are achieving at least 10 percent weight loss, Kenyon said.
���About $290 billion was spent on weight-loss goods in the U.S. last year, so this is a category where consumers are used to paying for their own solutions,��� she added. ���We would never contest there are millions, perhaps billions, of ways to lose weight, and some work, but there are few that do long-term. You need biological intervention and medication. It is not fair to say willpower alone will do it, it is also about your biology.���
Photo of Isabelle Kenyon, founder and CEO of Calibrate, courtesy of the company.
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