Plenity

someone on scale
By  Laura Lovett 02:45 pm November 18, 2021
Ro is taking bets on the weight loss industry with a $30 million prepaid order of diet pill Plenity. The New York-based company inked a deal with Plenity creator Gelesis in 2019 to offer the product as part of Ro’s virtual care services.  Plenity, which was cleared by the FDA in 2019 as a Class II Medical Device, comes in the form of an ingestible capsule. While users can tap into Ro’s...
By  Mallory Hackett 02:56 pm July 28, 2020
Direct-to-consumer virtual health company Ro announced Monday it’s $200 million Series C funding round. With these additional funds, the company is now valued at $1.5 billion. The existing investor, General Catalyst, led the round with participation from FirstMark Capital, Torch, SignalFire, TQ Ventures, Initialized Capital, 3L, BoxGroup and the Chernin Group. Ro has raised $376 million since its...
By  Laura Lovett 07:09 am December 17, 2019
Ro, a direct-to-consumer virtual health company, is diving into the weight management space with the launch of a new product offering aimed at helping patients shed the pounds.  Ro, best-known for its online platform that specializes in men’s health, is now going to be offering Plenity, a new weight management product. Plenity landed FDA clearance last April and is classified as a Class II...