Children’s weight loss platform Kurbo pulls in $5.8m Series A led by Signia


melon-1438988-mSignia Venture Partners has led a $5.8m funding round for mobile-based kids weight loss company Kurbo Health.

Data Collective, Bessemer Venture Partners and Promus Ventures, as well as YouTube CEO Susan Wojcicki also invested cash in the Series A Round.

California-based Kurbo offers a program to tackle childhood obesity using mobile tools.

It incorporates smartphone apps, virtual feedback and live, personalised coaching to teach children, teenagers and their families how to eat more healthily and lose weight.

Wojcicki said, “It’s extremely rare for me to invest in any start-up, but with Kurbo there was an opportunity to help solve one of the world’s biggest problems, childhood obesity, using mobile technology.”

Signia was among investors in gaming startup Super Evil Megacorp which raised $11.6m in a funding round led by General Catalyst, in June.

Copyright © 2014 AltAssets