MENLO PARK, Calif. – First Mile Care, a spinout of the Health2047 incubator, has raised $2 million in seed funding to continue developing a digital platform for prediabetes management.
The platform enables community-based peer-to-peer connection for chronic conditions and will give people living with prediabetes—higher-than-normal blood sugar level but not yet Type 2 diabetes—the ongoing support they need to make lifestyle decisions that can reverse prediabetes and reduce the risk that their condition will develop into Type 2 diabetes.
“Health2047 is committed to developing system-level solutions to healthcare’s biggest challenges,” said Lawrence Cohen, CEO of Health2047, in a statement. “With 84 million Americans living with prediabetes, our spin out of First Mile Care is a critical step toward transforming chronic care and saving the U.S. healthcare industry trillions of dollars.”
The First Mile Care platform is based on the proven National Diabetes Prevention Program developed by the Centers for Disease Control and Prevention, a coaching program shown to reduce the incidence of Type 2 diabetes.
“Fighting chronic disease requires starting with a scalable approach,” said Karl Ronn, founder and CEO of First Mile Care, in a statement.
First Mile Care is the second company in a year to spin out of Health2047, a Silicon Valley business formation and commercialization enterprise launched by the American Medical Association in 2016. Health2047’s first spin out, Akiri, is building a network that enables health information to move seamlessly and securely throughout the U.S. health care system.
“First Mile Care is addressing the shortcomings of a system designed for acute care delivery,” said Dr. James Madara, CEO of the American Medical Association, in a statement. “The AMA is excited by this scalable, on-demand approach to engaging the community, peers, physicians and technologists to transform chronic care in the United States.”