BetterPoints

London, United Kingdom Founded: 2010 • Age: 16 yrs
Provider of HR tools to monitor the mental health and work-life balance of employees

About BetterPoints

BetterPoints is a company based in London (United Kingdom) founded in 2010.. BetterPoints has raised $186.48 thousand across 4 funding rounds from investors including European Union, Enterprise M3 and Future Fund. The company has 9 employees as of January 31, 2022. BetterPoints offers products and services including BetterPoints App and BetterPoints Platform. BetterPoints operates in a competitive market with competitors including Magellan Health, AbleTo, Lyra Health, Thrive Global and Wysa, among others.

  • Headquarter London, United Kingdom
  • Employees 9 as on 31 Jan, 2022
  • Sectors
    Technology
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Betterpoints Limited
  • Date of Incorporation 25 Aug, 2010
  • Jurisdiction VIRGINIA WATER, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $186.48 K (USD)

    in 4 rounds

  • Latest Funding Round
    $186.48 K (USD), Seed

    Apr 20, 2023

  • Investors
  • Employee Count
    9

    as on Jan 31, 2022

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Products & Services of BetterPoints

BetterPoints offers a comprehensive portfolio of products and services, including BetterPoints App and BetterPoints Platform. 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.

Primary

App that rewards users for sustainable travel and health activities.

System for organizations to measure and encourage behaviour change programs.

Funding Insights of BetterPoints

BetterPoints has successfully raised a total of $186.48K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $186.48 thousand 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
  • Total Rounds 4
  • Last Round Seed — $186,480
  • First Round

    (05 Jan 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Seed - BetterPoints Valuation Enterprise M3
Sep, 2020 Amount Grant - BetterPoints Valuation

investors

May, 2017 Amount Grant - BetterPoints Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BetterPoints

BetterPoints has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Enterprise M3 and Future Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A fund focused on investing in early-stage UK companies.
Founded Year Domain Location
A government-backed foundation in Europe focused on employment sector initiatives.
Founded Year Domain Location
Sovereign Wealth Fund of Government of Australia
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BetterPoints

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BetterPoints

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Betterpoints Comparisons

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Competitors of BetterPoints

BetterPoints 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 Magellan Health, AbleTo, Lyra Health, Thrive Global and Wysa, 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
Behavioral healthcare management and pharmacy services are provided for employees.
domain founded_year HQ Location
Offers a digital platform to connect people with licensed therapists and coaches
domain founded_year HQ Location
AI-powered mental health benefits for employers are provided.
domain founded_year HQ Location
Mental wellbeing coaching platform is provided for enterprises.
domain founded_year HQ Location
AI-driven mental health support platform is provided by Wysa.
domain founded_year HQ Location
Cloud-based platform for employee wellness
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Betterpoints

Frequently Asked Questions about BetterPoints

When was BetterPoints founded?

BetterPoints was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is BetterPoints located?

BetterPoints is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is BetterPoints a funded company?

BetterPoints is a funded company, having raised a total of $186.48K across 4 funding rounds to date. The company's 1st funding round was a Grant of $396.94K, raised on Jan 05, 2017.

How many employees does BetterPoints have?

As of Jan 31, 2022, the latest employee count at BetterPoints is 9.

What does BetterPoints do?

Provider of HR tools to monitor the mental health and work-life balance of employees. The platform provides an incentive tool for the mental and physical well-being of employees working remotely. The technology provides expertise and locally-led programs or activities for behavioral and habit change. The company combines data and technology to encourage and track behavior change in domains like transportation and mobility, health and wellbeing, and climate change.

Who are the top competitors of BetterPoints?

BetterPoints's top competitors include Lyra Health, Thrive Global and Magellan Health.

What products or services does BetterPoints offer?

BetterPoints offers BetterPoints App and BetterPoints Platform.

Who are BetterPoints's investors?

BetterPoints has 4 investors. Key investors include European Union, Enterprise M3, Future Fund, and Bayes Entrepreneurship Fund.

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