About Ada
Ada is a company based in Berlin (Germany) founded in 2011 by Claire Novorol, Martin Christian Hirsch, and Daniel Nathrath. It operates as a HealthTech. Ada has raised $166.97 million across 5 funding rounds from investors including Farallon Capital Management, Red River West and Bertelsmann Investments. Ada offers products and services including Ada App. Ada operates in a competitive market with competitors including K Health, Woebot Health, Mediktor, Buoy Health and Visible, among others.
- Headquarter Berlin, Germany
- Founders Claire Novorol, Martin Christian Hirsch, Daniel Nathrath
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Ada Health Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$166.97 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
Feb 10, 2022
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Investors
Farallon Capital Management
& 12 more
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Employee Count
Employee Count
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Products & Services of Ada
Ada offers a comprehensive portfolio of products and services, including Ada App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Health assessment tool powered by intelligent technology provided.
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Funding Insights of Ada
Ada has successfully raised a total of $166.97M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in February 2022. 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 Total Funding
- Total Rounds 5
- Last Round Series B — $30.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Ada | Valuation | Farallon Capital Management , Red River West |
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| May, 2021 | Amount | Series B - Ada | Valuation | Leaps by Bayer | |
| Nov, 2018 | Amount | Series A - Ada | Valuation | Vitruvian Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ada
Ada has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Farallon Capital Management, Red River West and Bertelsmann Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple investment strategies are pursued by this hedge fund.
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Founded Year | Domain | Location | |
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European tech companies are supported for U.S. market expansion.
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ada
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ada Comparisons
Competitors of Ada
Ada operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as K Health, Woebot Health, Mediktor, Buoy Health and Visible, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Access to clinicians is facilitated by an AI-based healthcare platform.
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| domain | founded_year | HQ Location |
AI-powered chat-based mental wellness tools are developed.
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| domain | founded_year | HQ Location |
AI-based triage and pre-diagnosis guidance is provided to patients.
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| domain | founded_year | HQ Location |
An AI-powered platform is used for self-diagnosing medical symptoms.
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| domain | founded_year | HQ Location |
Visible is focused on activity tracking for chronic illnesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ada
Frequently Asked Questions about Ada
When was Ada founded?
Ada was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Ada located?
Ada is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Ada?
Daniel Nathrath is the current CEO of Ada. They have also founded this company.
Is Ada a funded company?
Ada is a funded company, having raised a total of $166.97M across 5 funding rounds to date.
What does Ada do?
Intelligent technology is utilized by Ada to support better health outcomes and clinical excellence. Solutions are focused on digital health, offering tools like the Ada app for health assessments. A medical library is maintained with accessible health information created by doctors. The platform serves individuals seeking health guidance and partners in the healthcare sector.
Who are the top competitors of Ada?
Ada's top competitors include K Health, Woebot Health and Ubie.
What products or services does Ada offer?
Ada offers Ada App.
Who are Ada's investors?
Ada has 13 investors. Key investors include Farallon Capital Management, Red River West, Bertelsmann Investments, Samsung Catalyst Fund, and Vitruvian Partners.
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