Equip Health

Equip Health

Virtual treatment for eating disorders

About

Equip Health provides virtual treatment for individuals struggling with eating disorders through a telehealth platform. Their approach involves a comprehensive, at-home treatment model that supports full recovery. Patients are cared for by a multidisciplinary team consisting of a therapist, physician, dietitian, family mentor, and peer mentor, ensuring that both the physical and psychological aspects of eating disorders are addressed. Services offered include individual and family therapy, medical monitoring, nutritional counseling, and peer support. Equip Health stands out from competitors by integrating clinical expertise with personal experience, creating a personalized treatment experience. The company aims to promote early intervention, as timely treatment increases the chances of recovery and reduces the risk of relapse.

Company Stage

Series C

Employees

501-1,000

Industries

Healthcare

Total Funding

$106.7M

Headquarters

San Diego, California

Founded

2019


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Simplify's Take

What believers are saying

  • Equip raised $110 million to expand its virtual treatment services in 2024.
  • Partnership with Regence expands in-network access for ages 6 to 24.
  • Increased demand for telehealth post-COVID-19 boosts Equip's market relevance.

What critics are saying

  • Increased competition from AI-driven startups may overshadow Equip's non-AI approach.
  • Flat deal activity in healthcare IT suggests a challenging investment environment.
  • Reliance on insurance coverage poses risks if reimbursement policies change.

What makes Equip Health unique

  • Equip offers a unique five-person care team for comprehensive eating disorder treatment.
  • The company combines clinical expertise with lived experience for personalized patient care.
  • Equip's services are covered by most insurance plans, enhancing accessibility.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

3%

Benefits

Flexible PTO & work hours

WFH or close to it

Home office stipend

Parental leave

Medical, vision, & dental

HSA & FSA

401k

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