Weilos, The YC-Backed Weight Loss Startup, Has Been Acquired By Weight Watchers
Weilos, the startup that runs a web-based group for individuals taken with health and weight reduction, has been acquired by Weight Watchers, TechCrunch has discovered.
Monetary particulars haven’t been disclosed. The startup appears to be comparatively small so far as employees goes, as LinkedIn lists two present full-time staff on the firm.
Weilos first launched out of startup accelerator Y Combinator again in August 2013 as a market for pairing up individuals who need to drop pounds with on-line health coaches who’ve had their very own weight reduction successes. A bit over a yr in the past, the corporate pivoted to focus on being a social media platform on the internet and iOS for individuals to speak about their weight reduction and health objectives, monitor their meals consumption and exercise, and share selfies of their progress.
On the time of the pivot again in January 2014, Weilos’ founder and CEO Ray Wu, who has an M.D. from Cornell Medical Faculty, advised TechCrunch that his analysis indicated that “the typical one that posted progress photographs misplaced 1.2 lbs per week in comparison with zero.27 lbs for individuals who use Weight Watchers.”
It now appears that Weight Watchers itself needs in on a few of that motion. A Weight Watchers spokesperson in the present day confirmed by way of e mail that the corporate has acquired Weilos, and despatched alongside the next assertion from Weight Watchers CTO Dan Crowe:
“Weilos is likely one of the highest rated apps within the Apple app retailer with a mean score of 5 stars and customers praising the motivation, encouragement and help they discover within the Weilos group. This strategically necessary acquisition will speed up the product and know-how improvement of the social networking and group capabilities that Weight Watchers members are on the lookout for.”
This isn’t the primary M&A transfer that Weight Watchers has made within the Silicon Valley startup area in current months. Again in April 2014, the firm acquired Wello, the Rock Well being-backed app for connecting individuals with private trainers.