Shape Up The Nation, a Providence-based provider of Web software and services for employer wellness programs, said yesterday it has raised $5 million in a Series A funding round. The investors in the round included the company’s management, as well as Boston-based venture outfits Cue Ball Capital and Excel Venture Management. Juan Enriquez, a managing director of Excel, and Anthony Tjan, a general partner at Cue Ball, have joined the board of directors at Shape Up The Nation. In 2006, Brown Medical School students Rajiv Kumar and Brad Weinberg founded the company, which combines social networking technology and team-oriented strategies to help people at self-insured companies quit smoking, lose weight, or achieve other wellness goals.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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