About Castlight
Castlight is a company based in San Francisco (United States) founded in 2008 was acquired by Vera Whole Health in January 2022. Castlight has raised $178 million across 4 funding rounds from investors including Morgan Stanley, T. Rowe Price and Cleveland Clinic. The company has 157 employees as of March 31, 2024. Castlight has completed 1 acquisition, including Jiff. Castlight offers products and services including Healthcare Navigation Platform, Digital Front Door, and Clinician-Led Advocacy. Castlight operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter San Francisco, United States
- Employees 157 as on 31 Mar, 2024
- Stage Public
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Sectors
TechnologyHealthcare
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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 Castlight Health
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$178 M (USD)
in 4 rounds
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Latest Funding Round
$100 M (USD), Series D
May 01, 2012
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Investors
Morgan Stanley
& 9 more
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Employee Count
157
as on Mar 31, 2024
- Investments & Acquisitions
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Acquired by
Vera Whole Health
(Jan 05, 2022)
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Products & Services of Castlight
Castlight offers a comprehensive portfolio of products and services, including Healthcare Navigation Platform, Digital Front Door, and Clinician-Led Advocacy.
Platform for personalized benefits and care recommendations.
Centralized hub for health and wellbeing benefits access.
High-touch navigation complementing digital health tools.
People of Castlight
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Funding Insights of Castlight
Castlight has successfully raised a total of $178M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in May 2012. 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.
Investors in Castlight
Castlight has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, T. Rowe Price and Cleveland Clinic.
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Venture capital firm focused on tech sectors
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VC firm that focuses on early stage investments in the US
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Early-stage tech and life-sciences firms are funded across the US.
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Investor details for Castlight
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Investments & Acquisitions by Castlight
Castlight has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jiff.
Investment portfolio details for Castlight
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- Transaction dates
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HIPAA-compliant platform for employer healthcare solutions is provided.
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Complete acquisition details for Castlight
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- Transaction dates
- Acquired stakes
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Financial Statements - Castlight
Detailed financials for Castlight
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- Profit trends
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Castlight Comparisons
Peer comparison for Castlight
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Competitors of Castlight
Castlight 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, Practo, Accolade, Sharecare and Spendesk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Provider of prepaid cards for financial benefits of employees
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Employee health and well-being solutions are delivered through a platform.
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Detailed competitors of Castlight
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Latest news on Castlight
Complete news archive for Castlight
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Frequently Asked Questions about Castlight
Castlight was founded in 2008.
Castlight is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Castlight is a funded company, having raised a total of $178M across 4 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Castlight is 157.
Founded in 2008 and based in San Francisco, United States, Castlight operates in the healthcare technology sector. Cloud-based information on providers and pricing is supplied through a business-to-business subscription model. Access is restricted to employees of enrolled companies, enabling comparisons across metrics for pricing and quality optimization. Consumer-oriented applications are established to integrate employer benefit programs into a single platform.
Castlight's top competitors include Accolade, Hinge Health and Wellhub.
Castlight offers Healthcare Navigation Platform, Digital Front Door, and Clinician-Led Advocacy.
Castlight has made 1 acquisition, including Jiff.
Castlight has 10 investors. Key investors include Morgan Stanley, T. Rowe Price, Cleveland Clinic, Vera Whole Health, and Wellcome.