Key Highlights
- knownwell acquires Alfie Health, an AI-driven obesity management clinic.
- $20 million Series A funding led by Andreesen Horowitz (a16z) Bio + Health.
- Alfie’s ObesityRx™ platform to be integrated into knownwell’s care model.
- New executive hires to enhance growth and operational efficiency.
Source: Business Wire
Notable Quotes
- “This acquisition by knownwell helps us deliver on our mission to provide patients in need with best-in-class obesity management. knownwell’s leadership, clinical expertise, and hybrid model make them a leader in obesity management, and their hybrid model will strengthen our high-touch care approach to improve patient results.” — Alexander Singh, Founder and CEO at Alfie Health
- “Their extensive backgrounds in value-based care, health system and payor partnerships will fuel additional awareness and interest in the differentiators knownwell brings to the industry.” — Brooke Boyarsky Pratt, Founder and CEO at knownwell
SoHC's Take
The acquisition of Alfie Health by knownwell represents a significant advancement in the realm of obesity management. By integrating Alfie’s AI-powered ObesityRx™ platform, knownwell is poised to enhance its evidence-based care model, ensuring more personalized and effective treatments for patients. The infusion of $20 million from Andreesen Horowitz (a16z) Bio + Health underscores the confidence in knownwell’s innovative approach. Furthermore, the strategic hiring of experienced executives like James Chaukos and John Frager signals a robust phase of growth and operational excellence. This move not only strengthens knownwell’s position in the market but also sets a new standard for comprehensive, data-driven obesity care.
