Fay

Fay

Connects clients to affordable, insurance-covered nutritionists

Overview

Fay Nutrition connects clients with qualified dietitians and nutritionists who accept insurance, making professional nutrition counseling affordable and widely accessible. It partners with insurance companies so sessions can be covered or offered at very low out-of-pocket costs, often around $10 or nothing, instead of the typical $300 per session. The service works through a hybrid model, offering both virtual consultations and in-person visits to accommodate client preferences. It also helps dietitians start or grow private practices by guiding them through insurance credentialing to expand their client base and revenue. Fay’s goal is to democratize access to nutrition care by reducing cost barriers while supporting nutrition professionals in building sustainable practices.

About Fay

Simplify's Rating
Why Fay is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Enterprise Software

Healthcare

Company Size

1-10

Company Stage

Series B

Total Funding

$75M

Headquarters

San Francisco, California

Founded

2022

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Simplify's Take

What believers are saying

  • Fay raised $50M in February 2026 at a $500M valuation.
  • Fay is hiring in September 2026, with credentialing and revenue-ops roles posted.
  • Fay expanded employer reach in 2026, serving Amazon, Microsoft, Pepsi, Google, and Accenture.

What critics are saying

  • BBB logged 197 complaints in three years, including pricing and no-show disputes.
  • Fay’s revenue depends on insurer and employer reimbursement; payer policy changes crush utilization quickly.
  • Nourish, Berry Street, and Season are building similar insurance-covered dietitian marketplaces; Fay gets commoditized.

What makes Fay unique

  • Fay’s 2026 network spans 2,500+ dietitians across all 50 states.
  • Fay accepts 700+ insurance plans, including UnitedHealthcare, Aetna, Cigna, Humana, and Medicare.
  • Fay combines employer benefits, payor billing, and virtual-or-in-person dietitian matching into one workflow.

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Funding

Total Funding

$75M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Fay
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company News

Fay
Sep 16th, 2026
Fay Emerges with $25M in Funding

Fay connects people with Registered Dietitian Nutritionists who deliver personalized nutrition counseling to change the way we think and feel about food – and gets all of the care covered by insurance.

Intelligence360 News
Feb 21st, 2025
Fay Secures $50M to Transform Nutrition

Fay announced a $50M Series B funding round led by Goldman Sachs, valuing the company at $500M. Existing investors General Catalyst and Forerunner also participated. This brings Fay's total funding to $75M. Fay connects individuals with insurance-covered Registered Dietitians for personalized nutrition and lifestyle counseling. The investment will accelerate growth and enhance offerings. Fay partners with major payors and employers to provide accessible nutrition care.

Business Wire
Feb 6th, 2025
Fay Raises $50M Series B at a $500M Valuation to Revolutionize How We Think and Feel About Food

Fay, a leader in digital nutritional therapy, announced yesterday a $50 million Series B funding round led by Goldman Sachs at a $500 million valuatio

Business Insider
Feb 5th, 2025
Fay raises $50M in Series B funding

Nutrition startup Fay raised $50 million in Series B funding at a $500 million valuation, led by Goldman Growth Equity. Existing investors General Catalyst and Forerunner also participated. Fay connects patients with registered dietitians covered by insurance and has grown significantly since its 2024 launch. The funds will enhance data reporting on patient outcomes and cost savings. Fay's platform now hosts over 2,500 dietitians and offers AI-powered features for meal planning.

FinSMEs
May 16th, 2024
Fay Raises $25M in Funding

Fay, a San Francisco, CA-based company connecting people with registered dietitian nutritionists, raised $25M in funding.

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