TA Ventures has made a significant investment of $4 million in Berry Street's Series B funding round, which is part of a larger total of $50 million raised in this round.
The funding round also saw contributions from notable investors including Northzone, Sofina, and FJ Labs.
Berry Street plans to utilize these funds for team expansion, technological advancements, and to further its market growth strategies.
As a health-tech platform, Berry Street enhances the workflows of registered dietitians by automating administrative and patient management tasks.
The platform's use of AI tools has resulted in saving over 7,500 working hours annually and has improved patient retention rates by 23%.
In 2024, Berry Street's business experienced remarkable growth, expanding eightfold due to increased demand for its personalized dietary programs.
This surge in demand has solidified Berry Street's position as a market leader in providing nutritional therapy.
The startup aims to provide nutritional therapy access to 200 million insured Americans who previously lacked resources for such services.
In 2024, over 110,000 dietitian consultations were covered by insurance, significantly alleviating financial burdens for users.
Viktoriya Tigipko from TA Ventures and ICLUB expressed confidence in Berry Street's potential to make a global impact on nutrition and dietary care.
TA Ventures and ICLUB have been long-time supporters of Berry Street, having initially backed the startup during its seed funding phase.
ICLUB operates as an angel syndicate, facilitating collaboration between private investors and TA Ventures to invest in promising startups in both the EU and US.
