Form Health

Form Health

Personalized medical weight loss services online

About Form Health

Simplify's Rating
Why Form Health is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Education

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$76M

Headquarters

Boston, Massachusetts

Founded

2019

Overview

Form Health provides personalized medical weight loss services through a digital platform. The company focuses on creating tailored weight loss plans based on each client's medical history and personal goals, rather than offering a generic solution. Clients receive support from Board Certified Doctors and Registered Dietitians via telehealth, which includes regular video visits and unlimited messaging, making it accessible to individuals regardless of their location. Form Health's services are covered by insurance, reducing the cost barrier for clients. On average, patients lose 16% of their body weight in 18 months and also experience additional health benefits, such as lower blood pressure and reduced joint pain. The goal of Form Health is to help clients achieve sustainable weight loss and improve their overall health and wellbeing.

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Simplify's Take

What believers are saying

  • Form Health raised $38M in Series B funding, supporting expansion and product development.
  • Telehealth demand has surged, expanding the market for Form Health's digital services.
  • Insurance coverage for digital health services aligns with Form Health's revenue model, boosting accessibility.

What critics are saying

  • Increased competition in digital health could dilute Form Health's market share.
  • Reliance on insurance coverage poses risks if policies change, affecting service affordability.
  • Rapid expansion may strain resources, impacting service quality and customer satisfaction.

What makes Form Health unique

  • Form Health offers personalized, science-backed weight loss plans tailored to individual needs.
  • The company employs Board Certified Doctors and Registered Dietitians for expert medical guidance.
  • Form Health's services are accessible via telehealth, removing geographical barriers for clients.

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Funding

Total Funding

$76M

Above

Industry Average

Funded Over

4 Rounds

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
Meet Average

Industry standards

$35M
$38M
Form Health
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Flexible Work Hours

Paid Vacation

Paid Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

2%

2 year growth

-3%
Finsmes
Jun 26th, 2024
Form Health Raises $38M in Series B Funding

Form Health, a Boston, MA-based provider of science-based obesity care, raised $38M in Series B funding.

Yahoo Finance
Jun 26th, 2024
Form Health, The Leading Provider of Science-Based Obesity Care in the United States, Raises $38 Million Series B Led By Sound Ventures

Form Health, the leading provider of Science-Based Obesity Care in the United States, raises $38 million Series B led by Sound Ventures.

Business Wire
Feb 6th, 2024
Form, The Virtual Obesity Medicine Clinic, Announces Two Executive Hires

BOSTON--(BUSINESS WIRE)--Today, FORM, the virtual obesity medicine clinic, announced the hiring of Danielle Snow as Chief Operating Officer and Matteo Zanella as Vice President of Product. “FORM has experienced tremendous growth in the past year - expanding our commercial offerings, more than doubling the size of our team, and greatly increasing our patient population - and it is essential that we have thoughtful, strategic leaders in place to continue setting a high standard in obesity medicine,” said Evan Richardson, founder and CEO of FORM. “The addition of Danielle Snow and Matteo Zanella reflects our commitment to delivering the highest quality clinical obesity care to as many people as possible. I look forward to working with these extraordinary leaders.”. Danielle Snow has 25 years of experience advising high-growth startups through IPOs, mergers, and acquisitions. She most recently spent a decade at Included Health (formerly Grand Rounds), where she served in several leadership positions, including Senior Vice President and Chief of Staff

Business Wire
Jan 17th, 2024
Form, The Virtual Obesity Medicine Clinic, Announces Two Strategic Commercial Hires

BOSTON--(BUSINESS WIRE)--Today, FORM, the virtual obesity medicine clinic, announced the hiring of Carey Hutchins as Vice President, Client Success, and Tom Kahl as Vice President, Sales. Both hires bring extensive experience helping early-stage technology and healthcare companies scale and deliver exceptional results for clients. “The obesity care market is increasingly crowded and confusing with vendors making a wide range of claims. It’s critical for FORM to grow our team strategically with proven leaders who can guide our clients through this space and ensure success,” said Jen Cressman, Chief Commercial Officer at FORM. “I am thrilled that we have added two well-respected veterans in Carey Hutchins and Tom Kahl. Both Carey and Tom operate with a level of integrity and market knowledge that is consistent with FORM's expert approach to obesity care

Intelligence360
Oct 26th, 2022
Boston Massachusetts Based Form Health Is Raising $22,000,000.00 In New Equity Investment.

Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Form Health is raising $22,000,000.00 in new funding. Sources indicate as part of senior management President, Evan Richardson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Form Health

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Patient Care Coordinator

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Marketing Coordinator

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Form Health is Hiring for 20 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Form Health's jobs every few hours, so check again soon! Browse all jobs →

Marketing Coordinator

$55k - $65k/yr

Boston, MA, USA

Obesity Medicine Nurse Practitioner

$110k - $125k/yr

California, USA + 5 more

See All Jobs

Form Health is Hiring for 20 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Form Health's jobs every few hours, so check again soon! Browse all jobs →