About 98point6
98point6 is a Healthcare company based in Seattle (United States) founded in 2015 by Jeff Greenstein, and was acquired by Transcarent in March 2023. 98point6 has raised $304.54 million across 8 funding rounds from investors including Goldman Sachs, Transcarent and L Catterton. The company has 118 employees. 98point6 has completed 1 acquisition, including Bright.md. Its chief executive, as recorded, is Jay Burrell. 98point6 offers products and services including Virtual Care Platform. Its focus areas include HealthTech, Healthcare IT, Provider and Telemedicine Solutions. Its legal entity is 98point6 Inc. Its competitors include Hinge Health, Amwell and Ro; 3 of its 3 listed competitors have raised funding.
Company details
Digital platform offering virtual care experiences for providers and patients. The company uses proprietary 98point6 technology platform consists of cloud-based software that harnesses the power of artificial intelligence that empowers health systems to create and grow premium virtual care offerings. The platform includes a physician-facing clinician console, patient-facing branded app and professional services and support.
- Headquarters Seattle, United States
- Employees 118
- Founders Jeff Greenstein
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website 98point6.com
- Social LinkedIn X Facebook
- Acquired by Transcarent (Mar 2023)
- Legal Name 98Point6 Inc.
- Total Equity Funding$304.54M (USD)
in 8 rounds
- Latest Funding Round$32M (USD), Series E
Apr 2023
- InvestorsGoldman Sachs
& 8 more
- Employee Count118
- Investments & Acquisitions
- Acquired byTranscarent
(Mar 2023)
Products & Services of 98point6
98point6 offers a comprehensive portfolio of products and services, including Virtual Care Platform.
Enables async and real-time telehealth interactions with admin automation.
Funding Insights of 98point6
98point6 has successfully raised a total of $304.54M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $32 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $304.54M
- Total Rounds 8
- Last Round Series E — $32M
- First Round $750,000
(May 2015)
- Investors Count 8
All 8 funding rounds of 98point6 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $32M | Series E | – | L Catterton, Activant Capital | – |
| Sep 2022 | $20M | Series E | – | Activant Capital | |
| Oct 2020 | $118.69M | Series E | – | L Catterton, Activant Capital | |
| Apr 2020 | $43M | Series D | – | Larry D Fink, Jim Sinegal | – |
| Oct 2018 | $50M | Series C | – | Goldman Sachs Investment Partners | – |
| Sep 2017 | $29.08M | Series B | – | – | – |
| Aug 2016 | $11.03M | Series A | – | – | – |
| May 2015 | $750,000 | Seed | – | – | – |
9 investors in total: 5 institutional and 4 angel.
Investors in 98point6
98point6 has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Goldman Sachs, Transcarent and L Catterton.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
L Catterton is recognized as a leading consumer-focused private equity group. | lcatterton.com | Greenwich, United States | ||
Venture capital fund investing in tech sectors | activantcapital.com | Greenwich, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Investments are made in technology-based businesses by this VC firm. | gsipventures.com | New York, United States | ||
LD Larry D Fink | CEO of BlackRock, influential investor, focuses on sustainable investing globally. | unknown_42525336676248368 | ||
JS Jim Sinegal | unknown_9b5181bb7a80456b8 | |||
NN Nader Naini | Managing Partner at Fraxinus Capital, experienced angel investor in tech startups | unknown_15651c5bf441435eb | ||
DV David Viniar | unknown_cc13ea07f74e4deab | |||
Employee health benefits solutions are provided via an AI-powered platform. | 2018 | transcarent.com | San Francisco, United States |
Investor details for 98point6
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of 98point6
38 people are tracked at 98point6 (4 in leadership, 20 in board & advisors, 14 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
Jeff Greenstein | Co-Founder | Leadership |
Jalyn Roberts | Director of Finance | Leadership |
Jay Burrell | CEO & President | Leadership |
Ann Thorn | Director Of Engineering | Leadership |
Robert C.J. Krasner | Medical Advisor | Board & advisors |
Brian Hainline | Medical Advisor | Board & advisors |
Byron D. Joyner | Medical Advisor | Board & advisors |
Clifford Y. Ko | Medical Advisor | Board & advisors |
Darin A. Portnoy | Medical Advisor | Board & advisors |
Frank Cockerill | Medical Advisor | Board & advisors |
Gayatri Devi | Medical Advisor | Board & advisors |
Ida Sim | Medical Advisor | Board & advisors |
Jennifer H. Mieres | Medical Advisor | Board & advisors |
Kimberly G. Harmon | Medical Advisor | Board & advisors |
Mary E. Klotman | Medical Advisor | Board & advisors |
Paul E. Klotman | Medical Advisor | Board & advisors |
Ted Shortliffe | Medical Advisor | Board & advisors |
Frederick M. Azar | Medical Advisor | Board & advisors |
Michael Farello | Director | Board & advisors |
David Viniar | Director | Board & advisors |
18 more people are available in the full profile.
Complete people profiles for 98point6
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by 98point6
98point6 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bright.md.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of virtual telehealth and physician assistant for hospitals and patients | bright.md | Portland, United States | 2014 | Jan 2024 | •••• |
Complete acquisition details for 98point6
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of 98point6
5 dated milestones of 98point6 across 9 years, from founding to its latest funding, stage changes and deals.
- Founded 98point6 is founded.
- Funding First funding round of $750K.
- Exit Acquired by Transcarent.
- Funding Latest funding round, Series E, of $32.0M.
- Acquisition Acquires Bright.md.
Competitors of 98point6
98point6 has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Amwell and Ro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| amwell.com | 2006 | Boston, United States | $887.35M | 742 | Telehealth solutions are provided for doctors and patients' consultations. | |
| ro.co | 2017 | New York, United States | $1.03B | 703 | Digital health services for men's wellness are offered by Ro. |
Detailed competitors of 98point6
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of 98point6
The website of 98point6 (98point6.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▼ 13.9% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as 98point6 (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about 98Point6
Complete news archive for 98point6
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about 98point6
98point6 was founded in 2015.
98point6 is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Jay Burrell is the CEO of 98point6, as recorded in our data.
98point6 is a funded company, having raised a total of $304.54M across 8 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on May 2015.
98point6 has 118 employees.
Digital platform offering virtual care experiences for providers and patients. The company uses proprietary 98point6 technology platform consists of cloud-based software that harnesses the power of artificial intelligence that empowers health systems to create and grow premium virtual care offerings. The platform includes a physician-facing clinician console, patient-facing branded app and professional services and support.
98point6's top competitors include Hinge Health, Amwell and Ro.
98point6 offers Virtual Care Platform.
98point6 has made 1 acquisition, including Bright.md.
98point6 has 9 investors. Key investors include Goldman Sachs, Transcarent, L Catterton, Activant Capital, and Larry D Fink.
98point6 operates through 98Point6 Inc..
Yes. 98point6 was acquired by Transcarent in March 2023.