Yes Health Raises $6 Million Series A Funding Led by Khosla Ventures

The first fully CDC-recognized, all-mobile digital health provider focused on weight loss, nutrition counseling and type 2 diabetes prevention programs, announces a new round of $6 million series A funding led by Khosla Ventures. The platform has proven to reduce diabetes risk by 58 percent of the 34 million of diabetes affected American and promising 88 million more with unique heath plans to fight the disease. With the new fund series in the line, Yes Health plans to invest in employment, upscale the operations and expand the reach of the platform, in helping people to fight back diabetes triggering stressors.

“Americans are more conscious than ever about their health, and digital health has become one of the most important markets for innovation. Yes Health is proven to tackle difficult and costly chronic conditions through an AI-augmented and all-mobile solution, aligning it with our firm's thesis in healthcare,” says Samir Kaul, Founding Partner & Managing Director, Khosla Ventures.

This mobile platform from Yes Health has a unique combination of advanced automation, AI, human support and health plans. According to the US standard, the cost of health care for the diagnosed cases shoots up to $327 every year, whereas Yes Health platform will instead address a mass population with insights, guidance to manage the disease, free of any cost.

Yes Health is proven to tackle difficult and costly chronic conditions through an AI-augmented and all-mobile solution, aligning it with our firm's thesis in healthcare

On a large scale it proves to be an attractive 'value unit economics’ driving lifestyle and behavioral-change system in mitigating diabetes disorder.

“Diabetes and obesity are major, yet still addressable, epidemics in their own right that put tremendous pressure on the U.S. healthcare system. At Yes Health, we've invested significantly to combine the best of Silicon Valley technology with the compassionate care of the best health care professionals to give back people control over their health,” says Alexander Petrov, Founder & CEO, Yes Health. “Now more than ever it's crucial that we don't allow one health crisis to exacerbate others, needlessly driving up human suffering and societal cost,” adds Alexander.

Speaking of type-2 diabetes is often triggered by obesity, which requires special attention to manage diet and untimely habits. With Yes Health mobile-based platform, one can both prevent and manage chronic conditions through better diets, exercise, and well-being. To date, it has served tens of thousands of people enrolled in their health plans where five percent of the members lose weight faster and exercise more than 150 minutes per week with improved nutrition scores within 13 weeks. During the pandemic, where people are unable to attend the regular doctor’s visit can keep a track of their health condition with Yes Health, promising continuity of care on the go.