Digital therapeutics company Breathe Well-Being that helps people prevent, manage and reverse Type 2 Diabetes has raised $5.5 million in the Series A round led by Accel. The round also saw participation from investors including General Catalyst, Scott Shleifer, Global MD, and Tiger Global.
According to the statement from the company, it will use the newly acquired capital in building out product development functionalities and expanding the team across various functions.
Gurugram-based Breathe Well-Being said it has a clinically proven digital programme which uses a personalized coach-driven, community-first approach to help people with Type 2 Diabetes reduce blood sugar levels, lose weight and stop medication eventually. Rohan Verma (Ex McKinsey), a certified CrossFit L2 trainer and mindfulness coach and Aditya Kaicker (ex-Accenture), an ACE-certified behavioral health coach are the founders of Breathe Well-Being.
“Our mission is to help 1 million Indians reverse Type 2 Diabetes by 2025. We are focusing on enhancing patient experience by scaling our technology platform, strengthening medical & coaching academy, community protocols and game design,” said Rohan Verma, co-founder & CEO, Breathe Well-Being.
Reversing chronic conditions like diabetes requires personalized lifestyle changes across diet, fitness, and mental wellness. The company said its flagship Online Diabetes Reversal Program has resulted in more than 95% patients showing HbA1c (three-month average blood sugar readings) reduction of more than 10% and more than 90% patients with completely stopped or reduced medications.
Aditya Kaicker, Co-founder & Chief Program Officer, Breathe Well-being, said, “We want to become the most trustworthy healthcare company in the world. The “No Outcome, No Pay” policy is a testimony to our commitment of delivering health outcomes and improving our patient’s lives.”
In the long-term, Breathe wants to extend its digital therapeutic offerings to other chronic conditions, such as hypertension, PCOS, gut disorders, etc., and establish itself as a leading global player in the market.
In India, 150 million patients suffer from chronic lifestyle diseases such as Type 2 Diabetes, Polycystic Ovarian Disease, thyroid and hypertension, reported ET. Diabetes, if left untreated, can lead to potential complications that include heart disease, stroke, kidney damage, and nerve damage. Adults with diabetes have a two- to three-fold increased risk of heart attacks and strokes.
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