«When Calibrate—the female-founded telehealth startup trying to disrupt the $70 billion weight loss industry—came out of stealth mode in June, it was operating in three states, had 10 employees and $5.1 million in seed funding. Seven months later, the service has expanded to seven states, grown to 52 employees and, as of Tuesday morning, secured a fresh capital infusion.
Calibrate announced today that it has closed a $22.5 million Series A funding round led by Emily Melton at Threshold Ventures, with participation from existing investors including Forerunner Ventures and Redesign Health. Melton will join Calibrate’s board of directors, which happens to be entirely female.»
Article written by Maggie McGrath