Fundz

Fay raised $50M in a Series B funding round led by Goldman Sachs to revolutionize the way we think about food.

PRIVATEFeb 05, 2025

Amount Raised

$50 Million

Round Type

Series B

San FranciscoHealth CareDietary SupplementsNutrition

Investors

General CatalystForerunnerGoldman Sachs

Description

Fay, a leader in digital nutritional therapy, has announced a $50 million Series B funding round which brings its total funding to $75 million. The investment will be used to accelerate growth and enhance offerings for both dietitians and clients.

Quick answer

Fay raised $50 Million in a Series B round, dated February 5, 2025. Investors: General Catalyst, Forerunner and Goldman Sachs. Fay is based in San Francisco, California, United States.

How much did Fay raise?
Fay raised $50 Million in a Series B round on February 5, 2025.
Who invested in Fay?
General Catalyst, Forerunner and Goldman Sachs are named as investors in this round.
What does Fay do?
Fay is expanding access to affordable, inclusive nutrition counseling by connecting people with Registered Dietitians (RDs) – all covered by insurance.
Where is Fay based and how big is it?
Fay is based in San Francisco, California, United States.
Who are the decision-makers at Fay?
Fundz holds 1 contact at Fay. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Dietary Supplements and Nutrition around the same time

Companies in the same sectors as Fay that raised within 45 days of this round, from Fundz verified event records.

  • Cycles Nutrition raised $2.5M (Seed) on February 6, 2025.
  • Ascend Wellness Holdings raised $15M on January 10, 2025.
  • Bioniq raised $1.1M (Seed) on March 18, 2025.
  • Imagen Dental Partners raised $938K on March 21, 2025.
  • 410 Medical raised $14M (Series B) on March 21, 2025.
  • Amptiv Biosciences raised $300K (Seed) on March 21, 2025.

Who to call at Fay, and when

A new round usually means Fay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fay raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Fay, from your own LinkedIn network

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Company Information

Company

Fay

Location

San Francisco, California, United States

About

Fay is expanding access to affordable, inclusive nutrition counseling by connecting people with Registered Dietitians (RDs) – all covered by insurance. Founded in 2022, Fay has become the largest and fastest-growing network of dietitians, with over 2,300 providers delivering AI-supercharged care through Fay's vertical "AI business in a box." Fay’s insurance-friendly model offers virtual or in-person access to the right RD for individuals' unique goals and circumstances. Through extensive insurance partnerships, Fay has made it possible for over 200 million Americans to receive personalized nutrition and lifestyle counseling with little to no out-of-pocket cost.

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Fundz sees it the moment Fay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Fay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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