Lark Health

Lark Health

Digital health coaching for prediabetes management

About Lark Health

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

Industries

Financial Services

Healthcare

Company Size

51-200

Company Stage

Series D

Total Funding

$192.3M

Headquarters

Mountain View, California

Founded

2011

Overview

Lark provides digital health coaching aimed at helping individuals manage prediabetes and achieve weight loss. The service is delivered through a mobile app that offers personalized coaching, a smart scale, and digital sessions. Lark differentiates itself by partnering with insurance providers to offer its services at no cost to eligible users, removing financial barriers to access. The company also includes weight loss medications as part of a comprehensive plan, which is prescribed after a telehealth consultation. Lark emphasizes data security and has received certifications to protect user information. The goal of Lark is to make healthy living accessible and affordable for those at risk of diabetes and those looking to manage their weight.

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Simplify's Take

What believers are saying

  • Lark's AI-driven GLP-1 programs reduce medication costs by 77%.
  • Partnership with Desert Oasis Healthcare expands remote monitoring and education programs.
  • Lark's digital coaching shows positive outcomes in Health Professional Shortage Areas.

What critics are saying

  • Increased competition from new digital health startups may dilute Lark's market share.
  • Rising GLP-1 medication costs may strain partnerships with insurance providers.
  • Potential regulatory scrutiny over AI use could increase compliance costs for Lark.

What makes Lark Health unique

  • Lark combines AI with human coaches for personalized chronic disease management.
  • The company offers a CDC-recognized Diabetes Prevention Program with proven health outcomes.
  • Lark partners with insurance providers to offer cost-free services to eligible users.

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Funding

Total Funding

$192.3M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$100M
Lark Health

Benefits

Medical, dental, and vision

Disability and life insurance

Employee assistance program

401(k) with employer contribution

Pre-taxed benefits

Home office stipend

Flexible time off

Paid parental leave

Wellbeing resources

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
Momentum Asia
Jul 23rd, 2024
[New report] Transforming frontline industries

Momentum Works and Lark have released a joint report titled "Transforming Frontline Industries: Make F&B, Retail and Hospitality Greater", providing in-depth insights into Southeast Asia's frontline industries.

Antichrist Magazine
Jun 7th, 2024
LARK Release New Official Music Video For 'Mesmerize Me'

Polish heavy rock group Lark have released their new official video for the track Mesmerize Me which is taken from their 2023 (released via Sliptrick Records) album Antarctica.

PR Newswire
Apr 12th, 2024
Lark Health Names A New Chief Growth Officer To Scale Glp-1 Cost Containment And Care Offerings

MOUNTAIN VIEW, Calif., April 12, 2024 /PRNewswire/ -- As employers, payers and PBMs struggle to curb the budget pressures that GLP-1 medication demand has inflicted upon the healthcare industry, Lark Health has brought on a new Chief Growth Officer, Darren Eckberg, to lead Lark's national expansion of its AI-guided, GLP-1 cost containment technology. Lark Health is a leading provider of weight management and cardiometabolic care for employers and health plans— serving nearly 2.5 million patients and more than 2000 employers. This expansion is a natural evolution for Lark's infinitely scalable, tech-first care programs.Eckberg brings over 20 years of experience working at PBMs and healthcare organizations— having held executive roles at IngenioRx/Anthem, EnvisionRx/Rite Aid, Prime Therapeutics and Express Scripts.Lark names a new Chief Growth Officer, Darren Eckberg, to lead the expansion of its AI, GLP-1 cost containment programs. Post this"I'm honored to be joining the Lark team and am thrilled to help millions of Americans struggling with a chronic condition. As one of the pioneers in AI health tech, Lark's spirit for innovation is complemented by a dedication to clinical excellence and being a responsible partner for our clients. The impacts of GLP-1 medications affect the entire healthcare system and a thoughtfully designed end-to-end offering can benefit everyone from the individual member struggling with obesity to the employer struggling with the skyrocketing GLP-1 costs," says Eckberg.Lark's current GLP-1 offerings include comprehensive services designed to achieve a 77% reduction in GLP-1 costs, while simultaneously optimizing population health outcomes.Healthy Weight : Delivers personalized, virtual lifestyle coaching for members as an alternative or prerequisite to GLP-1s that helps build lasting lifestyle change, leading to improvements in weight, activity, and associated diseases.GLP-1 Companion : Offers unlimited patient support for eligible members on GLP-1s while encouraging medication success with coaching on medication adherence, side effect mitigation and monitoring, and lifestyle modification.Weight Maintenance : Supports participants who have achieved their clinical outcomes and are looking to maintain weight loss long-term, as well as those weaning off of a GLP-1 medication.Clinician-Guided Step Therapy : Provides qualified members with access to end-to-end clinician-guided management, telehealth visits with remote patient monitoring, prescription management, insurance navigation, prior authorization obtainment and more."We are so proud to have an executive of Darren's caliber help us drive towards our mission, which is to provide infinitely scalable, compassionate care to anyone in need

PR Newswire
Sep 28th, 2023
Lark Health Expands Weight Management Program To Support Guided Glp-1 Care Delivery

Dr. Peter Antall, former Amwell CMO, joins Lark as Chief Medical Officer and President, Medical Networks as part of clinical expansionMOUNTAIN VIEW, Calif., Sept. 28, 2023 /PRNewswire/ -- Lark Health, the leading conversational-AI health coaching platform for the prevention and management of chronic conditions serving more than 2 million patients, announced today the expansion of its personalized weight management solutions to include an enhanced set of services designed to support employers and health plans through the unprecedented employee demand for GLP-1 medications.Since GLP-1s are not right for everyone and require comprehensive support for lasting success, Lark's unique approach to GLP-1 management includes a tailored combination of responsible clinical screening and prescribing, ongoing clinical management, and industry-leading behavior change coaching that's available 24/7. As part of this approach, Lark will now offer three new programs – the Healthy Weight program, GLP-1 Companion program, and Clinician-Guided Step Therapy program – all of which leverage the sustained behavior change, lifestyle management, and remote patient monitoring Lark is known for.Healthy Weight is Lark's award-winning weight loss program that offers AI-driven holistic personalized coaching on lifestyle modification -- including nutrition, physical activity, sleep, and stress -- to help members lose weight and keep it off – and help employers to provide an industry-leading alternative to more expensive GLP-1 solutions.is Lark's award-winning weight loss program that offers AI-driven holistic personalized coaching on lifestyle modification -- including nutrition, physical activity, sleep, and stress -- to help members lose weight and keep it off – and help employers to provide an industry-leading alternative to more expensive GLP-1 solutions. GLP-1 Companion Program is our comprehensive support program for those taking GLP-1 medications. In addition to coaching on lifestyle modification, the program includes side effect management, medication adherence support, and clinical escalations as necessary.is our comprehensive support program for those taking GLP-1 medications

PR Newswire
Jul 20th, 2023
Lark Health And Desert Oasis Healthcare Announce Expanded Partnership

MOUNTAIN VIEW, Calif., July 20, 2023 /PRNewswire/ -- Lark Health, the leading AI-powered digital care coaching company for the prevention and management of chronic conditions, and Desert Oasis Healthcare (DOHC), a member of Heritage Provider Network, today announced their expanded partnership where DOHC will offer Lark's Prevention program and CDC-recognized Diabetes Prevention program to their patients.Coming off the success of their Heart Health partnership , DOHC is making Lark's programs available to their greater patient populations for enhanced remote monitoring and scalable education programs designed to improve outcomes and lower total healthcare costs. The new program offerings will enable DOHC to target specific conditions, such as, prediabetes, diabetes, hypertension, high cholesterol and general preventive care. Additionally, patients who meet certain health-related criteria will be eligible for connected devices, providing qualified participants with deeper insights into their health through a more personalized care experience."Lark Health has combined technology with clinical expertise for years and been a great partner," - VP, Clinical Quality Tweet this"Desert Oasis Healthcare is a proven innovator in value-based care, and we are excited to expand our partnership to offer Lark programs to more of their patients," said Dr. Jason Paruthi, Medical Director at Lark Health. "Lark's education programs, remote patient monitoring and screeners will enable improved outcomes at lower cost for DOHC as well as comprehensive access to care for their patients."The benefits of this partnership will give DOHC access to remote patient monitoring and screeners, allowing timely escalation to the DOHC care team; sustained patient engagement supported with proven outcomes, as well as, scalable patient education and self efficacy program."Lark Health has been combining technology with clinical expertise for our patients for years already and we've found them to be a great partner," said Teresa Hodgkins PharmD, BCACP and Vice President of Clinical Quality Initiatives at Desert Oasis Healthcare. "We're convinced they'll continue to be our ally and helpmate in preventing the complications that come with disease progression, and improving outcomes for our diabetes and heart disease patients."About Lark HealthUsing conversational AI, connected devices, remote patient monitoring, and elements of behavioral science techniques, Lark helps participants improve their health to manage and reduce their risk of chronic disease

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