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Lark Health

Lark Health

Digital health coaching for prediabetes management

About

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 in its comprehensive plans, prescribed after telehealth consultations. Lark emphasizes data security and has received certifications to protect user information. Its Diabetes Prevention Program has been clinically tested, showing effectiveness similar to traditional coaching methods. The goal of Lark is to make healthy living accessible and affordable for those at risk of diabetes and seeking weight management.

Company Stage

Series D

Employees

51-200

Industries

Hardware, Social Impact, AI & Machine Learning, Biotechnology, Healthcare, Consumer Goods

Total Funding

$215.3M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • Lark's expansion into GLP-1 cost containment and care offerings positions it as a leader in managing chronic conditions and reducing healthcare costs.
  • The company's partnerships with major healthcare providers like Desert Oasis Healthcare enhance its credibility and expand its reach.
  • Lark's AI-driven coaching programs have demonstrated significant clinical outcomes, such as improved cardiac self-efficacy and weight loss, making it a reliable option for chronic disease management.

What critics are saying

  • The digital health market is highly competitive, requiring continuous innovation to maintain a competitive edge.
  • Dependence on insurance partnerships means that changes in insurance policies or reimbursement rates could impact revenue.

What makes Lark Health unique

  • Lark Health leverages AI-driven, personalized health coaching to provide scalable and affordable care, setting it apart from traditional health coaching services.
  • The company's strong partnerships with insurance providers allow it to offer services at no cost to eligible users, removing financial barriers to care.
  • Lark's focus on data security and privacy, evidenced by SOC 2 Type II and HITRUST certifications, ensures user data protection, a critical factor in the digital health space.

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-15%

2 year growth

-22%

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

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