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9amHealth raises $9.5M extension for virtual metabolic care

Illustration of a phone wearing a doctor's coat and a stethoscope.

Illustration: Aïda Amer/Axios

9am Health, a virtual provider for cardio-metabolic health, raised a $9.5 million Series A extension.

Why it matters: By 2030, nearly half of all Americans are projected to live with obesity or pre-diabetes.

Details: The round was led by The Cigna Group Ventures — an opportunistic get for the company, co-CEOs Anton Kittelberger and Frank Westermann tell Axios.

  • 9am Health elected to pursue an extension raise now, rather than wait for a Series B, they say.
  • Existing investors 7wire Ventures, Define Ventures, Leaps by Bayer and Founders Fund also participated.

How it works: The San Diego-based startup offers both B2B and DTC cardio-metabolic care, providing personalized care plans, prescription delivery, at-home lab tests and access to specialists.

  • 9am serves employers, PBMs, health systems and health plans to help deliver holistic treatment for diabetes, obesity, high cholesterol and hypertension.
  • The company is also partnered with Eli Lilly's telehealth offering LillyDirect, providing specialized care starting at $69 per month, with or without insurance coverage.

What's next: Fresh funds will help the company expand its internal team of care specialists and doctors.

  • Kittelberger and Westermann declined to comment on runway, profitability and financials, but they confirmed the company is generating revenue.

The big picture: The rise of interest in GLP-1s is a watershed moment, inspiring patients and physicians to manage diabetes and weight health better.

Yes, but: Those drugs are expensive and in short supply.

  • "The hefty price tag raises the stakes, demanding solutions for employers balancing cost constraints amid soaring expectations of their workforce," says Westermann.

Catch up quick: 9am Health raised its $16 million Series A in 2022.

State of play: Virtual diabetes management emerged as a major proof point for telehealth during COVID and startups continue to draw VC funds.

⏰ 1 fun thing: The name 9amHealth reflects the idea that despite bad days of living with a chronic condition, each new day offers a chance for a new beginning.

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