Fay

Fay

Affordable nutrition counseling with insurance coverage

About

Fay Nutrition provides affordable nutrition counseling by connecting clients with qualified dietitians and nutritionists who accept insurance. This service significantly lowers the cost of professional nutrition advice, allowing clients to access sessions for as little as $10 or even for free, compared to the typical $300 fee. Fay operates both online and in-person, offering flexibility for clients who can choose between virtual consultations or face-to-face meetings. This hybrid model enhances client satisfaction and broadens market reach. Additionally, Fay supports dietitians and nutritionists by helping them get credentialed with insurance companies, which allows them to grow their private practices and increase their client base. The goal of Fay Nutrition is to make professional nutrition counseling accessible to everyone, addressing barriers related to cost and convenience.

Company Stage

Series A

Employees

1-10

Industries

Healthcare

Total Funding

$24.3M

Headquarters

Barrington, Illinois

Founded

N/A


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Simplify's Take

What believers are saying

  • Fay raised $25M to expand growth and integrate with food service platforms.
  • The telehealth market is expected to grow at a CAGR of 25.2% until 2028.
  • Corporate wellness programs are projected to reach $87.4 billion by 2026.

What critics are saying

  • Increased competition from telehealth platforms could dilute Fay's market share.
  • Dependence on insurance partnerships may pose risks if terms change.
  • Economic downturns could reduce employer partnerships, impacting revenue.

What makes Fay unique

  • Fay partners with insurance companies to offer affordable nutrition counseling services.
  • The company provides a hybrid model of online and in-person consultations.
  • Fay supports dietitians in starting and growing their private practices.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

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