About Lark Health
Lark Health provides digital health coaching aimed at helping individuals manage prediabetes and achieve weight loss. The service is delivered through a mobile app that offers personalized coaching, a smart scale, and digital sessions. Lark targets individuals at risk of diabetes and those looking to manage their weight, making its services accessible through partnerships with insurance providers, which can cover costs for eligible users. Unlike many competitors, Lark combines health coaching with access to weight loss medications, ensuring a comprehensive approach to weight management. The company's goal is to make healthy living achievable and affordable for everyone, while maintaining a strong commitment to data security and privacy.
Mountain View, CaliforniaHeadquarters
2011Year Founded
$192.3MTotal Funding
SERIES_DCompany Stage
Financial Services, HealthcareIndustries
51-200Employees
Benefits
Medical, dental, and vision
Disability and life insurance
Employee assistance program
401(k) with employer contribution
Pre-taxed benefits
Home office stipend
Flexible time off
Paid parental leave
Wellbeing resources
Risks
Increased competition from new digital health startups may dilute Lark's market share.
Rising GLP-1 medication costs may strain partnerships with insurance providers.
Potential regulatory scrutiny over AI use could increase compliance costs for Lark.
Differentiation
Lark combines AI with human coaches for personalized chronic disease management.
The company offers a CDC-recognized Diabetes Prevention Program with proven health outcomes.
Lark partners with insurance providers to offer cost-free services to eligible users.
Upsides
Lark's AI-driven GLP-1 programs reduce medication costs by 77%.
Partnership with Desert Oasis Healthcare expands remote monitoring and education programs.
Lark's digital coaching shows positive outcomes in Health Professional Shortage Areas.
Funding
Total raised$192.31 M
Latest valuation$500.00 M
StageSERIES_D
DEBT
9/30/2020$15
SERIES B
1/31/2017$22
$108.00 M