Equip Health

Virtual treatment for eating disorders

San Diego, California, United States

About Equip Health

Equip Health provides virtual treatment for individuals struggling with eating disorders through a telehealth platform. Their approach involves a comprehensive at-home treatment model that supports full recovery. Patients are cared for by a multidisciplinary team consisting of a therapist, physician, dietitian, family mentor, and peer mentor, ensuring that both the physical and psychological aspects of eating disorders are addressed. Services offered include individual and family therapy, medical monitoring, nutritional counseling, and peer support. Equip Health stands out from competitors by integrating clinical expertise with personal experience, creating a personalized treatment experience. The company aims to promote early intervention, as timely treatment increases the chances of recovery and reduces the risk of relapse. Their services are typically covered by most insurance plans, making them accessible to a broader range of patients.

San Diego, CaliforniaHeadquarters
2019Year Founded
$106.7MTotal Funding
SERIES_CCompany Stage
HealthcareIndustries
501-1,000Employees

Benefits

Flexible PTO & work hours
WFH or close to it
Home office stipend
Parental leave
Medical, vision, & dental
HSA & FSA
401k

Risks

Increased competition from AI-driven startups may overshadow Equip's non-AI approach.
Flat deal activity in healthcare IT suggests a challenging investment environment.
Reliance on insurance coverage poses risks if reimbursement policies change.

Differentiation

Equip offers a unique five-person care team for comprehensive eating disorder treatment.
The company combines clinical expertise with lived experience for personalized patient care.
Equip's services are covered by most insurance plans, enhancing accessibility.

Upsides

Equip raised $110 million to expand its virtual treatment services in 2024.
Partnership with Regence expands in-network access for ages 6 to 24.
Increased demand for telehealth post-COVID-19 boosts Equip's market relevance.

Funding

Total raised$106.71 M
Latest valuation$175.00 M
StageSERIES_C