LifestyleRx Analysis: $500K Raised
What is LifestyleRx?
LifestyleRx provides a virtual, physician-led program to help individuals manage and potentially reverse Type 2 Diabetes through sustainable lifestyle changes.
Employees
9
Founded
2022
Revenue
$0-5M
Product Features & Capabilities
- Type 2 Diabetes program, Prediabetes program, High Blood Pressure program, High Cholesterol program, Heart Disease program, Vascular Disease program, Excess Weight program, Fatty Liver program, PCOS program, Mild Cognitive Impairment program, Metabolic Syndrome program, 12-week virtual program, phys
Pricing
- 12-Week Program: Free
- Fully Covered in BC, AB, and ON
How much LifestyleRx raised
Seed - $500K
October 6, 2023Lead Investor: Y Combinator
Market Focus
LifestyleRx primarily focuses on the health and wellness industry, specifically targeting the management and reversal of Type 2 Diabetes through lifestyle changes.
Business Model
Revenue from partnerships; 70% of collections retained by LifestyleRx, 30% to partners.
Competitors Overview
The main competitors of LifestyleRx in the market of virtual diabetes management programs include:
- Omada Health: Omada offers a virtual diabetes management program that focuses on sustainable lifestyle changes to improve long-term health outcomes. Their program includes personalized coaching
Investors
- AgeTech Capital
- Y Combinator
- FundersClub
- Plug and Play Tech Center
- RecapHealth Ventures
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