Equip Health Funding, Investors & Competitors

Equip Health has raised $164M across 5 funding rounds, most recently a $54M undisclosed-stage round in July 2025.

Last Equip Health funding round

$54M

Undisclosed stage · Jul 2025

Cumulative funding Equip Health raised

$164M

across 5 funding rounds

Key investors in Equip Health

  • F-Prime
  • .406 Ventures
  • Optum Ventures
  • Y Combinator
  • General Catalyst
  • Tiger Global
  • Stripes
  • TCG

Equip Health Overview

About Equip Health

San Diego-based Equip Health delivers virtual intensive outpatient programs for adolescents and young adults recovering from eating disorders such as anorexia, bulimia, and ARFID. Multidisciplinary teams consisting of physicians, registered dietitians, therapists trained in family-based treatment and CBT, and recovery mentors conduct daily group sessions and individualized coaching through secure video platforms. The company supports families across the United States with meal support, parent skills training, and progress tracking tools. Launched in 2019, Equip Health partners with leading eating disorder specialists and has expanded to serve clients in all 50 states.


Founded

2019

HQ

United StatesSan Diego, CA

Status

Privately held

Customer focus

B2C

Revenue model

Services, Subscription

Equip Health Funding History

Equip Health has raised a total of $164M across 5 funding rounds.

Equip Health's first fundraising round was a $4M seed round in December 2019. The most recent completed round was a $54M undisclosed-stage round in July 2025.

Equip Health funding rounds

Equip Health funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2025Undisclosed stage-$54MEquip Health is a Carlsbad, California-based virtual eating disorder treatment provider founded in 2019, offering gold-standard care at home through multidisciplinary teams including therapists, dietitians, physicians, peer mentors, and family mentors. The company disclosed raising $46.6 million in an equity funding round filed with the SEC, with the first deal on July 22, 2025, involving 11 investors, bringing total funding to approximately $156.3 million across prior rounds including $35 million in April 2024. Funds will support team growth to meet demand and partnerships with more health plans to expand access. This round, dated around July 30-31, 2025, was not part of a merger and aligns with Equip's mission to address shortages in eating disorder specialists amid high demand and payer challenges. CEO Kristina Saffran signed the filing; notable prior backers include Kerry Washington as investor and advisor. The company has been recognized by TIME as a Top HealthTech Company of 2025 and Fast Company for workplaces, with research on Latinx communities and a staff of 250-1,000.
Apr 2024Series C-$35MEquip Health is a Carlsbad, California-based virtual eating disorder treatment provider offering evidence-based care at home through dedicated five-person teams including therapists, dietitians, physicians, peer mentors, and family mentors. Founded in 2019 as Barcada Health by Kristina Saffran and Erin Parks, the company has expanded to over 250-440 employees and focuses on improving access amid challenges like specialist shortages and payer dynamics. It has been recognized by TIME as a Top HealthTech Company of 2025 and Fast Company for innovative workplaces, while publishing research on eating disorders in the Latinx community. The company raised $35 million on April 11, 2024, as disclosed in filings, with Kerry Washington investing an undisclosed sum earlier that year as both investor and advisor. A subsequent round of $46.6-47 million was disclosed in public SEC documents, closing with the first deal on July 22, 2025, involving 11 investors in an equity-only sale not tied to a merger. Total funding across rounds reached $156.3 million by mid-2025, with some sources citing up to $189 million; prior rounds include a Series B of $58 million and earlier Series A/B/C with amounts redacted in some trackers. The $46.6 million raise aims to grow the team, meet demand, and partner with more health plans. The platform addresses operational difficulties in eating disorder care, amid trends like GLP-1 drugs potentially impacting treatment.
Feb 2022Series BTCG (lead); General Catalyst; Katie Couric Media; .406 Ventures; Alex Morgan; F-Prime; Tiger Global; Trybe Ventures; Optum Ventures; Stripes$58MEquip Health is a virtual eating disorder treatment provider using evidence-based Family-Based Treatment (FBT) with a five-person care team including a therapist, dietitian, physician, peer mentor, and family mentor, targeting children, adolescents, and young adults. Founded in 2019 and launched in 2020, the company operates in over 40 states, partners with 10 major commercial health insurance plans and Medicaid via Partnership HealthPlan, and reported 10x demand growth in 2021 with clinical outcomes showing 71% symptom reduction after eight weeks. On February 16, 2022, Equip Health raised $58 million in a Series B funding round led by The Chernin Group (TCG), with participation from Tiger Global, General Catalyst, F-Prime Capital, Optum Ventures, .406 Ventures, Katie Couric Media, Alex Morgan, and Trybe Ventures, bringing total funding to $75 million including a prior $13-17 million Series A. Jesse Jacobs of TCG and Mary Ann Tocio joined the board. The funds support expansion to all 50 states, broader insurance coverage including more Medicaid payers, adult treatment offerings, and new care products, while committing to underserved communities through initiatives like funding 12 Project HEAL recipients and over $100,000 in donations to nonprofits. At year-end 2021, 83% of families used in-network benefits with 10 commercial and one Medicaid contract.
Feb 2021Series AOptum Ventures (lead); .406 Ventures; Y Combinator; F-Prime; Hopelab$13MEquip Health raised $13 million in a Series A funding round announced on February 10, 2021, led by Optum Ventures, with participation from .406 Ventures and F-Prime Capital, bringing total funding to $17 million. The company, founded in 2019, provides virtual family-based treatment for eating disorders, delivering evidence-based care to families at home. It launched in California, New York, and Texas, aiming to expand geographically and to additional patient populations that year. Proceeds from the round supported building the clinical team, developing the technology platform, scaling operations, and partnering with insurance providers. Equip differentiates by combining lived experience and clinical expertise to improve access to outpatient treatment, which is often hard to find locally and covered by insurance. The company shares costs and outcomes data with payers to secure reimbursement. Equip planned to double its team size within the next year and invest in research collaborations with universities to ensure data-driven improvements in recovery times.
Dec 2019SeedF-Prime (lead); Castile Ventures$4M-

Who has invested in Equip Health?

13 investors have backed Equip Health across its funding rounds, including F-Prime, .406 Ventures, Optum Ventures, Y Combinator, General Catalyst and Tiger Global.

Lead investors include TCG, Optum Ventures and F-Prime.


Equip Health Investors

Investors in Equip Health by funding rounds participated
InvestorHQRoundsRoleFirst check
F-PrimeUnited StatesUnited States3LeadDec 2019
.406 VenturesUnited StatesUnited States2ParticipantFeb 2021
Optum VenturesUnited StatesBoston, MA2LeadFeb 2021
General CatalystUnited StatesSan Francisco, CA1ParticipantFeb 2022
Katie Couric MediaUnited StatesNew York City, NY1ParticipantFeb 2022
Alex MorganUnited StatesLos Angeles, CA1ParticipantFeb 2022
Y CombinatorUnited StatesSan Francisco, CA1ParticipantFeb 2021
TCGUnited StatesLos Angeles, CA1LeadFeb 2022
Castile VenturesUnited StatesBoston, MA1ParticipantDec 2019
Tiger GlobalUnited StatesNew York City, NY1ParticipantFeb 2022
Trybe VenturesUnited StatesSan Diego, CA1ParticipantFeb 2022

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Equip Health Competitors

Equip Health competitors include listed companies like Doximity and Guiyang Longmaster, and private ones like Grow Therapy, Elemy, Doctolib and Cityblock Health.

Public and private companies comparable to Equip Health
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Grow TherapyUnited StatesNew York City, NYPrivate$1B-$3B-
ElemyUnited StatesSan Francisco, CAPrivate--$1.1B-
DoctolibFranceParisPrivate$400M-$6.4B16.0x
Cityblock HealthUnited StatesNew York City, NYPrivate--$5.7B-
DoximityUnited StatesUnited StatesPublicly listed$645M$229M$4.7B6.2x
Guiyang LongmasterChinaChinaPublicly listed$44M$5M$482M-

Equip Health Public Comps

Equip Health is still privately-owned, but its public comps include Humana Inc., IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, GE HealthCare, ICON plc, Pro Medicus, United Imaging and Max Healthcare Institute.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Humana Inc.$130B$3B0.4x0.3x17.8x16.6x
IQVIA$16B$3.4B3.6x3.4x17.2x14.8x
Veeva$3.2B$965M11.1x10.2x36.9x22.4x
IDEXX Laboratories$4.3B$1.5B9.5x8.9x27.1x24.9x
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
GE HealthCare$21B$3.7B1.8x1.8x10.1x10.0x
ICON plc$8.3B$816M1.9x1.9x19.2x11.3x
Pro Medicus$186M$147M66.6x62.7x84.4x77.6x

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Common questions about Equip Health

When was Equip Health founded?Equip Health was founded in 2019.
Where is Equip Health headquartered?Equip Health is headquartered in San Diego, CA, United States.
Is Equip Health publicly listed?No, Equip Health is a private, VC-backed company.
How much funding has Equip Health raised?Equip Health has raised $164M across 5 funding rounds.
What was Equip Health's last funding round?Equip Health's last funding round was a $54M undisclosed-stage round in July 2025.
Who are Equip Health's investors?Equip Health's investors include F-Prime, .406 Ventures, Optum Ventures, General Catalyst, Katie Couric Media, Alex Morgan, Y Combinator, TCG, Castile Ventures, Tiger Global and 3 others.
Which companies are comparable to Equip Health?Companies comparable to Equip Health include Grow Therapy, Elemy, Doctolib, Cityblock Health, Doximity and Guiyang Longmaster.

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