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Fay

Category: AI in Healthcare

Fay connects individuals with insurance-covered Registered Dietitians for personalized nutrition and lifestyle counseling. Fay was founded in 2022. The company is led by Sammy Faycurry. Based in San Francisco, CA, USA. Team size: 2,300. Total funding raised: $75 million. Latest round: $50 million Series B led by Goldman Sachs. Key investors include Goldman Sachs, General Catalyst, Forerunner Ventures.

Founded
2022
Headquarters
San Francisco, CA, USA
Team size
2,300
Total funding
$75 million

Value proposition

Provides accessible, affordable, and personalized nutrition care through AI-driven platforms, often covered by insurance.

Products and solutions

AI-supercharged care, personalized nutrition plans, supplement recommendations, hyper-curated shopping carts, lab analyses

Unique value

Fay's AI-driven platform automates administrative tasks for dietitians, allowing them to focus on personalized care. It integrates with major insurance providers to offer services with little to no out-of-pocket cost.

Target customer

Individuals seeking nutrition counseling, employers offering health benefits, and insurance providers.

Industries served

Healthcare, Nutrition, Insurance, Employer Health Plans

Technology advantage

Vertical AI integration into dietitian workflows, enhancing efficiency and precision in care delivery.

How they differentiate

Fay's unique selling point is its integration with major insurance providers and its AI-driven platform for dietitians.

Main competitors

Optavia, Noom, WW (formerly Weight Watchers)

Key partnerships

United Healthcare, Aetna CVS, Blue Cross, Anthem, Cigna, Optum, Humana, Amazon, Microsoft, Pepsi

Notable customers

Amazon, Microsoft, Pepsi, United Healthcare, Aetna CVS

Major milestones

Achieved a $500 million valuation Expanded services to cover over 200 million Americans

Growth metrics

Rapid expansion of RD network to over 2,300 providers, partnerships with major employers and insurance companies.

Market positioning

Fay positions itself as a leader in democratizing access to nutrition counseling, focusing on proactive healthcare.

Geographic focus

Primarily operates in the U.S., with a focus on expanding access to over 200 million Americans.

Patents and IP

Not explicitly mentioned in available sources.

About Sammy Faycurry

Sammy Faycurry is the Co-Founder and CEO of Fay. He was inspired to start the company by his mother and sister, who are both Registered Dietitians. Before founding Fay, he worked as a Product Manager at Facebook and was an investor at Gladly. He attended the University of Michigan and was enrolled in the MBA program at Harvard Business School before leaving to launch Fay.

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