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Fruit Street Health

Operating

Fruit Street Health, P.B.C.

Biotech · New York, NY · Founded 2014

High-Quality Telemedicine Services & Software

Post-money valuation ⓘ
$104.3M
As of Jun 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$28,901,453
Crowd $0 · Private $28.9M · 9 rounds since 2014
Latest share price
$0.66
Rule 506(c) · Preferred Stock · Aug 2018 offering price

Financials

FY2018–FY2019 · from SEC filings · hover any figure for its source
$170K
−$2.3M
2018
$517K
−$4.9M
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$170,218
$516,648
Cost of goods sold
$65,035
$388,128
Gross margin
62%
25%
Net income
-$2,310,963
-$4,854,359
Taxes paid
$0
$0
Balance sheet
Cash
$101,368
$287,360
Accounts receivable
$0
$0
Total assets
$795,101
$805,003
Short-term debt
$171,854
$364,375
Long-term debt
$1,668,426
$3,583,340
Total liabilities
$1,840,280
$3,947,715
Other
Headcount
—
20

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$104.3M
pre-money
Reg CF · Class A Common · May 2020

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Raised $100KInvestors 1
Raised —Investors 300
Raised $0 / $250KInvestors 0Post-money $104.3M
Raised —Investors 5
Raised $22MInvestors 420
Raised $6.8MInvestors 190

Team

4 people
Laurence GirardFounder
Chief Executive Officer

Laurence Girard is the CEO and Founder of Fruit Street Health, which offers the only diabetes prevention program (DPP) delivered via live video conferencing with Registered Dietitians and manages COVID.MD. Laurence is a telehealth innovator and has been working in the healthcare space since 2011. He is also an alumni of the Kairos Society, a global network of social entrepreneurs focused on having a social impact. Laurence received his Bachelor of Liberal Arts at the Harvard Extension School. He is also a Managing Director of Hippocrates VC and an owner of the New Amsterdam Football Club. Fruit Street is Laurence's primary job and he works there 40 hours a week.

Ian McFarland
Chief Technology Officer

As the CTO of Fruit Street Health, Ian McFarland brings more than 30 years of experience as an entrepreneur and technologist. Prior to joining the company, he served as the CTO and Co-Founder of Pearl Therapeutics, which develops and delivers clinically-validated software-based therapeutics to provide better outcomes for patients, smarter engagement and tracking tools for clinicians, and cost-effective solutions for payers. As a veteran in the technology industry, he also held various leadership positions for companies like Friendster, WIRED Magazine, Pivotal Labs and DIgital Garage and has served as a speaker at industry events including SxSW, Lean Startup Conference and JavaOne.

Anjmun Sharma MD
Lead Medical Advisor and Director

Dr Sharma is Board Certified in Family Medicine. His mission is to provide his patients with improved health, quality of life, daily activity level, and to help his patients achieve their personal goals through careful follow up, ongoing physical therapy, tools for personal growth, and delivery of high quality medical care. Dr. Sharma is licensed in Colorado, Utah, Washington, Oregon, Idaho, Ohio, New Mexico, Texas, South Carolina, & Nevada. His professional vision is to develop resources with other like minded physicians and health care providers to promote positive impacts in healthcare delivery in his community as well as regionally and beyond. His personal passion is to support, develop, and assist other individuals in achieving continuously successful results through leadership guidance and mentorship. Dr. Sharma works part-time for Fruit Street Health.

Dr. Jeremy Tucker
Board of Directors

Physician executive and a practicing emergency physician at HEPA. Board certified in emergency medicine and internal medicine. Strong interest in entrepreneurship and healthcare IT startups. Specialties: Emergency Department management, Efficiency, Patient satisfaction, Patient Safety, Electronic Medical Records, Technology in medicine, Drones, Healthcare startups, Utilization, Provider education, Risk management, Leadership development, Community Hospitals, Urgent care, Emergency care.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

420 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form DMar 7, 20250001609428-25-000001
    EDGAR
  • Form DSep 30, 20240001609428-24-000001
    EDGAR
  • Form D/ASep 28, 20230001609428-23-000001
    EDGAR
  • Form D/AJan 7, 20210001609428-21-000002
    EDGAR
  • Form DJan 7, 20210001609428-21-000001
    EDGAR
  • Form D/ADec 31, 20200001609428-20-000002
    EDGAR
  • Form C-WJun 16, 20200001665160-20-000826
    EDGAR
  • Form C/AJun 2, 20200001665160-20-000695
    EDGAR
Source: ManualCIK 0001609428DEShare price $2.50

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.