About ALAViDA
ALAViDA is a company based in Vancouver (Canada) founded in 2016 by Terri-Lynn MacKay, Elliot Stone, and Diane Rothon was acquired by LifeSpeak in October 2021.. ALAViDA has raised $2 million across 1 funding round from investors including LifeSpeak and Nimbus Synergies. ALAViDA offers products and services including Virtual Companion, Dedicated Care Team, Moderated Peer Support, iCBT Resources, and 24/7 Resources. ALAViDA operates in a competitive market with competitors including Creyos, EverywhereClinic, Walk In, Nheza and Annabot, among others.
- Headquarter Vancouver, Canada
- Founders Terri-Lynn MacKay, Elliot Stone, Diane Rothon
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Lifespeak Inc.
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Products & Services of ALAViDA
ALAViDA offers a comprehensive portfolio of products and services, including Virtual Companion, Dedicated Care Team, Moderated Peer Support, iCBT Resources, and 24/7 Resources. 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.
Immersive app providing tailored substance use support activities.
Team offering proactive, goal-oriented substance use assistance.
Safe sessions for connecting with others facing similar challenges.
Evidence-based cognitive tools for managing substance use decisions.
Immediate tools and support for substance use management anytime.
Funding Insights of ALAViDA
ALAViDA has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2018. 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 1
- Last Round Seed — $2.0M
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First Round
First Round
(30 Apr 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2018 | Amount | Seed - ALAViDA | Valuation | Nimbus Synergies |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ALAViDA
ALAViDA has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LifeSpeak and Nimbus Synergies. 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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Venture capital firm focused on early-stage health tech companies
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Cloud-based platform for employee wellness
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 ALAViDA
| 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 - ALAViDA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Alavida Comparisons
Competitors of ALAViDA
ALAViDA 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 Creyos, EverywhereClinic, Walk In, Nheza and Annabot, 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 |
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| domain | founded_year | HQ Location |
Online brain health assessment solutions are provided by Creyos.
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Provides comprehensive on-site healthcare solutions for employees.
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Delivers comprehensive remote patient care platforms.
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Digital platform connecting diaspora to healthcare providers for loved ones in Africa.
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Offers a wellness and fitness platform focused on supporting individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alavida
Frequently Asked Questions about ALAViDA
When was ALAViDA founded?
ALAViDA was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is ALAViDA located?
ALAViDA is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of ALAViDA?
Elliot Stone is the current CEO of ALAViDA. They have also founded this company.
Is ALAViDA a funded company?
ALAViDA is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 30, 2018.
What does ALAViDA do?
ALAViDA was founded in 2016 in Vancouver, Canada, by co-founders Terri-Lynn MacKay, Elliot Stone, and Diane Rothon. Operations are centered on the healthcare sector, where digital platform services are delivered to facilitate medical processes. The company focuses on tools for healthcare providers and patients, with activities based primarily in Canada. Services include platform-based solutions for managing health data and interactions.
Who are the top competitors of ALAViDA?
ALAViDA's top competitors include Creyos, EverywhereClinic and Walk In.
What products or services does ALAViDA offer?
ALAViDA offers Virtual Companion, Dedicated Care Team, Moderated Peer Support, iCBT Resources, and 24/7 Resources.
Who are ALAViDA's investors?
ALAViDA has 2 investors. Key investors include LifeSpeak, and Nimbus Synergies.
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