Fruit Street Health Secures $1.3 Million Round Of Seed Funding From Leading Physicians And Angel Investors

NEW YORK, Feb. 10, 2015 /PRNewswire/ -- Fruit Street Health (Fruit Street), today announced that it has secured its latest round of seed funding, bringing its total funding to date to $1.3 million. This announcement follows its initial $500,000 round of seed investment in October 2014, which was led by a group of prominent physicians.

The latest round was led by a series of individual investors, including prominent physicians, lawyers, and angel investors, and whose reach spans across the globe. Some investors participated in the initial seed round, while others are first time investors.

This news comes on the heels of last month's announcement that Fruit Street has launched its Fruit Street Wellness Clinic solution for healthcare providers. Additionally, Fruit Street recently announced its formation as a Delaware Public Benefit Corporation ("B Corp"), as well as the appointment of leading physicians to its Advisory Board.

Among the investors who participated in the latest round are; Pushpa Kumar, Ramesh Kumar MD, Virginia Giugliano MD, Vijay Alla MD, Venkata Battula MD, Sreenivasa Chanamolu MD, Sarat Kuchipudi MD, Vijaya Lakshmi Kuchipudi MD, Ravi Kamepalli MD, Fred McPhail MD, Rull James Toussaint MD, Ramesh Kumar, Asif Ali MD MPH, Kiran Chennareddy MD, Prasad and Pavani Kode, Patrick Wittwer and Marcel Gasser.

The investment will be used to market Fruit Street's Virtual Wellness Clinic to thousands of medical practices around the world that want to conduct virtual consultations and monitor their patients' lifestyles with wearable fitness devices.

"This continued funding of Fruit Street from the medical community is providing Fruit Street the capital it needs to reach thousands of medical practices who need this software and shows that Fruit Street is here to say," said Laurence Girard, Founder and CEO of Fruit Street Health.

For more information on Fruit Street Health, please visit www.fruitstreet.com.   

ABOUT FRUIT STREET HEALTH:

Fruit Street Health is a new digital wellness and telemedicine platform which helps patients live a healthier lifestyle while enabling healthcare providers to connect with patients using telemedicine and wearable mobile technologies. For more details, please visit www.fruitstreet.com.  

Media Contact: [email protected]

SOURCE Fruit Street Health