Equip Raises $58 Million To Scale Its Virtual Eating Disorder Treatment Model

Equip, which provides virtual, evidence-based eating disorder treatment in the United States, announced it raised $58 million in a Series B funding round. The funds will be used to scale its treatment services, expand treatment to all 50 states, broaden insurance coverage, including Medicaid payers, and launch new care offerings in 2022.

The round was led by The Chernin Group, joined by Tiger Global, General Catalyst, F-Prime Capital, Optum Ventures, and .406 Ventures, Katie Couric Media, and American soccer champion Alex Morgan. Jesse Jacobs, co-founder and partner at The Chernin Group will join Equip’s board of . . .