$5M for Shape Up The Nation
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.