What is Knownwell?
Established in 2022, Knownwell aims to revolutionize healthcare by offering a weight-inclusive primary care model and specialized weight management services. The company was founded to address a significant gap in the healthcare system, providing care that centers on the patient's overall well-being rather than solely on their weight. Knownwell's approach is designed to be judgement-free, ensuring that individuals, particularly those who have historically faced stigma related to their body size or weight, receive compassionate and effective care. This patient-centric model is crucial for fostering trust and improving health outcomes in a weight-biased medical landscape.
How much funding has Knownwell raised?
Knownwell has raised a total of $49.5M across 3 funding rounds:
Angel/Seed
$4.5M
Series A
$20M
Other Financing Round
$25M
Angel/Seed (2023): $4.5M with participation from Oxeon, Flare Capital Partners, and Flybridge LTV Operator Fund
Series A (2023): $20M led by Flare Capital Partners and Andreessen Horowitz
Other Financing Round (2025): $25M supported by Flare Capital Partners, Intermountain West Joint Venture, Andreessen Horowitz, and CVS Health
Key Investors in Knownwell
Flare Capital Partners
Flare Capital Partners is a leading investor focused on healthcare technology, collaborating with entrepreneurs to enhance healthcare outcomes and reduce costs. The firm supports a diverse portfolio of companies addressing critical challenges within the healthcare industry. With a strategic network of limited partners who often serve as early customers and distribution partners, Flare Capital fosters innovation in healthcare. Their commitment to investing in exceptional founders positions them as a key player in transforming the future of healthcare.
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
CVS Health
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those we serve.
What's next for Knownwell?
The recent major strategic investment of $25M positions Knownwell for accelerated expansion and further development of its innovative healthcare model. This capital infusion, following previous rounds of financing, indicates strong investor confidence in Knownwell's mission and its ability to scale its services. The company is likely to leverage this backing to enhance its technological infrastructure, broaden its service offerings, and potentially expand its geographic reach. The strategic nature of this investment suggests a focus on long-term growth and market leadership in the weight-inclusive healthcare sector, aiming to solidify its position as a leader in providing comprehensive, patient-centered care.
See full Knownwell company page
