About Bloom Health
Bloom Health is a company based in Minneapolis (United States) founded in 2009 was acquired by Empyrean in July 2016.. Bloom Health has raised $20 million across 3 funding rounds from investors including Empyrean, Sandbox Industries and BVF. Bloom Health offers products and services including Slot Games, Casino Games, and Sports Betting. Bloom Health operates in a competitive market with competitors including Hinge Health, Alight, Swile, Practo and Accolade, among others.
- Headquarter Minneapolis, United States
-
Sectors
Financial ServicesTechnology Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
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
Products & Services of Bloom Health
Bloom Health offers a comprehensive portfolio of products and services, including Slot Games, Casino Games, and Sports Betting. 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.
Digital slots for entertainment and jackpot winnings.
Virtual casino experiences for betting and gaming.
Platform for wagering on sports events virtually.
Funding Insights of Bloom Health
Bloom Health has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in December 2010. 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 3
- Last Round Series B — $7.5M
-
First Round
First Round
(06 Jan 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2010 | Amount | Series B - Bloom Health | Valuation |
investors |
|
| Nov, 2010 | Amount | Series B - Bloom Health | Valuation |
investors |
|
| Jan, 2010 | Amount | Series A - Bloom Health | Valuation | Sandbox Industries , BVF |
|
| 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 Bloom Health
Bloom Health has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Empyrean, Sandbox Industries and BVF. 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 |
|---|---|---|---|---|
|
Early-stage US venture capital investments are made by Sandbox Industries.
|
Founded Year | Domain | Location | |
|
Funding is provided to healthcare startups by corporate-backed BVF.
|
Founded Year | Domain | Location | |
|
Employee benefits administration and AI-driven recommendations are provided for enterprises.
|
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 Bloom Health
| 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 - Bloom Health
| 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 |
Bloom Health Comparisons
Competitors of Bloom Health
Bloom Health 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 Hinge Health, Alight, Swile, Practo and Accolade, 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 |
Virtual physical therapy and digital pain care solutions are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are offered for enterprise HR management.
|
|
| domain | founded_year | HQ Location |
A card-linked wallet is provided for employee financial management.
|
|
| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
|
|
| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
|
| 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.
|
Frequently Asked Questions about Bloom Health
When was Bloom Health founded?
Bloom Health was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Bloom Health located?
Bloom Health is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Bloom Health a funded company?
Bloom Health is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 06, 2010.
What does Bloom Health do?
Founded in 2009 and based in Minneapolis, United States, Bloom Health operates in the healthcare technology sector. A SaaS platform is offered to employers for budgeting healthcare expenditures and to employees for selecting insurance plans and tracking expenses. Distribution and engagement services for agents partnering with employers are also facilitated through the platform.
Who are the top competitors of Bloom Health?
Bloom Health's top competitors include Accolade, Hinge Health and Alight.
What products or services does Bloom Health offer?
Bloom Health offers Slot Games, Casino Games, and Sports Betting.
Who are Bloom Health's investors?
Bloom Health has 3 investors. Key investors include Empyrean, Sandbox Industries, and BVF.