Foodsmart, a telenutrition provider, has raised USD 200 million in a funding round led by The Rise Fund, TPG's global impact investing platform. This brings the total funds raised by the company to USD 314.8 million.
The funding will be utilized to expand Foodsmart's operations and business reach.
Founded in 2010, California-based Foodsmart is a digital nutrition platform that provides personalized dietary recommendations through a network of registered dietitians. It aims to make eating well simple and accessible by combining virtual consultations with dietitians, tailored meal planning tools, and a food delivery marketplace. Its platform integrates dietary assessments with online food ordering, meal planning, and cost-saving tools, making it easier for users to manage their nutrition.
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