26 January 2023, KANSAS CITY, MO — Free From Market (FFM), the first patient-driven digital platform that enables lower-income Americans with chronic illnesses to obtain the specialized goods and assistance they require for their diets, announces that it has closed a USD 2.1 million initial investment. With the money, the business can develop its in-house technology platform and broaden its service delivery strategy, enabling it to provide everyone inexpensive, open access to the customized meals, telenutrition, and data they need to achieve better health results.
Acumen America, Beta Boom, KCRise Fund, 1st Course Capital, and AssetBlue Ventures also participated in the investment round, which Bluestein Ventures headed. The business also received a grant from Google for Startups Black Founders Fund in 2022.
The financial assistance and expansion of FFM’s network with managed care companies, physicians, and community-based groups will also assist in measuring the effectiveness of “food is medicine” treatments for managing essential health issues. FFM offers complementary telenutrition support, bulk ordering for businesses, and direct-to-door access for people to buy meals, produce, or shelf-stable, name-brand groceries.
“We have the chance to reach and have an influence on more people thanks to our new investors and partners, who provide knowledge in the food, supply chain, and digital health. No of their financial situation or zip code, every family should have access to wholesome meals and continuing assistance that addresses their medical requirements, according to Emily Brown, co-founder, and CEO of FFM.
Bluestein Ventures managing partner Andrew Bluestein stated, “Food has a strong potential to cure our bodies. We’re happy to help FFM as they develop the future in the ‘food is medicine’ field. “We are still in awe of the team’s profound competence and enthusiasm, cultivated over years of work in the area and personal experience.
Ed Frindt, a partner at KCRise:
“We concur with FFM’s assertion that payors and providers need partners in the private sector to scale up food benefits. This is a novel approach, and this is the kind of disruptor in the tech industry that will improve public health,
According to Elise Bates, who, together with Brown, co-founded FFM in 2021, “Emily’s lived experience on federal nutrition programs, and inability to supply her family with the safe and nutritional meals needed to manage their chronic ailments motivates our patient-focused firm.” To commercially improve millions of people’s health outcomes while lowering the total cost of treatment, “together we developed a social impact-driven organization that can expand and attract the talent and resources needed.”
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