Health

Revealed Former Dating App Executive To Lead Weight Management Startup

The company announced Thursday that Found, a startup looking to bring the weight management clinic model to the masses, has hired Sarah Jones Simmer as its next CEO.

Jones Simmer previously worked as COO and Chief Strategy Officer for the dating app Bumble. Found also hired former Headspace VP of Products, Alexander Linares, as its Chief Product Officer.

The ex-Bumble executive was inspired to go into the healthcare business during her ongoing fight against breast cancer, she said.

“Last year made me rethink everything. In May 2020, my world turned upside down when I was diagnosed with stage 3 breast cancer, ”wrote Jones Simmer on his blog. “I spent a year more thinking about ‘health’ than I have in my entire life, and as a result was able to appreciate the unique inflection point that Found found in the larger health ecosystem, solving one of the biggest health problems. which exists today: taking care of weight and improving our relationship with our body. I couldn’t pass up the opportunity to be a part of it. “

Found is committed to helping consumers manage their weight through personalized plans that address issues such as diet, exercise, sleep, and stress, and may include prescription drugs.

The company believes its direct-to-consumer model makes weight management more affordable and helps people overcome the stigma often associated with being overweight or obese, Jones Simmers said in an interview. According to her, patients who want to lose weight can also wait a long time for an appointment with specialists. “We are now presenting a much smoother experience,” she said.

Found has no immediate plans to partner with healthcare systems, insurers or employers, but it might be possible in the future, Jones Simmer said.

“Comorbidities are definitely something we need to watch out for,” said Jones Simmer. “If we consolidate this model of clinical care, we will certainly have other options and ways that we can integrate it with other treatments.”

Found earlier this year raised $ 24 million in Series A funding from Alphabet’s venture capital division, GV, and venture capital firms Atomic and Define Ventures. The company also received $ 8 million in seed funding that was not previously reported, according to a Found blog post.

Digital health investments skyrocketed during the COVID-19 pandemic, according to Mercom, with $ 19 billion invested in the first half of 2021 alone. Telemedicine, wellness and mobile health apps showed the largest gains over last year and are showing no signs of abating despite declining telemedicine visits.


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