Foley Serves as Legal Adviser to knownwell in $20M Series A Funding

Foley & Lardner LLP served as legal adviser to knownwell, an in-person and virtual weight-inclusive primary care and metabolic health company, in its $20 million Series A funding round led by Andreessen Horowitz (a16z) Bio + Health with participation from existing investors, including Flare Capital Partners.

This brings knownwell’s total funding to $24.5 million and will allow the company to scale its patient-centered health care home for overweight and obese individuals, enabling knownwell’s expansion of its clinics and telehealth offerings and its commitment to product development, including incorporating machine learning and artificial intelligence into its care model. Additionally, knownwell is partnering with major pharmaceutical companies to conduct and participate in clinical trials.

knownwell is built for the millions of Americans who have been told that their weight is the problem, regardless of their unique health concerns. knownwell practices evidence-based medicine that supports a patient’s unique goals, making weight-inclusive health care more accessible by accepting patient insurance to provide full suite care without membership fees.

The Foley deal team was led by partners Von Bryant, Rachel Goodman, and Nathaniel Lacktman and included associates Jaide Beverly, Austin Poynter, and Chloe Hill. Foley previously represented knownwell in its seed raise.

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