# Milo Krastev

> Milo Krastev is the co-founder of Foodsmart (formerly Zipongo), the San Francisco company that turned nutrition into a covered health benefit for more than three million Americans. He spent a decade as the company's CFO and Head of Growth before handing off the finance chair in 2025 to run strategy and business development full time. Before Foodsmart he moved through the rooms where big money gets allocated - investment banking at Bank of America Merrill Lynch, activist investing at ValueAct Capital, and financial strategy at Palantir - then bet the whole resume on the idea that food, not just pills, belongs on a prescription pad.

- **Role:** Co-founder & EVP Strategy and Business Development at Foodsmart
- **Organizations:** Foodsmart (formerly Zipongo), Palantir Technologies, ValueAct Capital, Bank of America Merrill Lynch
- **Nationality:** American
- **Education:** International Business, Finance, Georgetown University, Economics, The London School of Economics and Political Science
- **Known for:** Co-founded Foodsmart, now serving more than 3 million members through health plans, providers and employers, Helped raise roughly $310M in total funding, including a $200M round led by TPG's Rise Fund in 2024, Built the finance and growth engine that scaled the company from a startup to a national 'foodcare' platform

## Career timeline

- **2006** — Began career in investment banking at Bank of America Merrill Lynch
- **2000s** — Investment associate at ValueAct Capital, the activist investment firm
- **2010** — Co-founded Zipongo (later Foodsmart) in San Francisco with Dr. Jason Langheier
- **2010s** — Head of Financial Strategy and Analytics at Palantir Technologies
- **2010-2025** — Served as CFO and Head of Growth at Foodsmart
- **2024** — Foodsmart raised $200M led by TPG's Rise Fund
- **2025** — Transitioned from CFO to focus full time as EVP of Strategy and Business Development

## Achievements

- Co-founded Foodsmart, now serving more than 3 million members through health plans, providers and employers
- Helped raise roughly $310M in total funding, including a $200M round led by TPG's Rise Fund in 2024
- Built the finance and growth engine that scaled the company from a startup to a national 'foodcare' platform
- Helped land strategic health-system investors including Advocate Health, Intermountain Health and Memorial Hermann

## Latest updates

- **2025-10** — Transitioned out of the CFO seat as Foodsmart added Ned Schwartz as CFO, Alan Gao as CTO and Jennifer McGuire as Chief Customer Experience Officer; Krastev now focuses full time on strategy, growth and business development.
- **2024-07** — Foodsmart closed a $200M investment led by TPG's Rise Fund to scale its foodcare platform.

## Links

- Website: https://foodsmart.com
- LinkedIn: https://www.linkedin.com/in/milokrastev/

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Profile page: https://yespress.io/milo-krastev
Published by YesPress — https://yespress.io
Last updated: 2026-07-01