About Centric Health
Centric Health is a company based in Canada founded in 2001 was acquired by Audax Group in November 2015.. Centric Health has raised $7.67 million across 6 funding rounds from investors including Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group. The company has 174 employees as of December 31, 2024. Centric Health has completed 3 acquisitions, including Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy.
- Headquarter Canada
- Employees 174 as on 31 Dec, 2024
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Sectors
HealthcareBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alegro Health Corp.
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Annual Revenue
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Net Profit
-
EBITDA
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Total Equity Funding
$7.67 M (USD)
in 6 rounds
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Latest Funding Round
$11.5 M (USD), Post-IPO
May 14, 2020
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Investors
Yorkville Asset Management
& 2 more
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Employee Count
174
as on Dec 31, 2024
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Investments & Acquisitions
Lifemark
& 2 more
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Acquired by
Audax Group
(Nov 15, 2015)
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Funding Insights of Centric Health
Centric Health has successfully raised a total of $7.67M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $11.5 million completed in May 2020. 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 6
- Last Round Post-IPO — $11.5M
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First Round
First Round
(05 Aug 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Post-IPO - Centric Health | Valuation |
investors |
|
| Nov, 2019 | Amount | Post-IPO - Centric Health | Valuation |
investors |
|
| Sep, 2019 | Amount | Post-IPO - Centric Health | Valuation |
investors |
| 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 Centric Health
Centric Health has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group. 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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Ewing Morris & Co. is recognized as a Canadian boutique investment firm.
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Founded Year | Domain | Location | |
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Offers wealth management, portfolio management, and advisory services to high net worth clients.
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Founded Year | Domain | Location | |
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Audax Group is focused on supporting middle market companies.
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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
|
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.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Centric Health
Centric Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Chain of pharmacies
|
2006 | ||||
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Multidisciplinary rehabilitation services are provided across various therapies.
|
1996 | ||||
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Provider of specialty pharmacy services to seniors
|
1950 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Centric 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 |
Centric Health Comparisons
Competitors of Centric Health
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Centric Health
Frequently Asked Questions about Centric Health
When was Centric Health founded?
Centric Health was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Centric Health located?
Centric Health is headquartered in Canada.
Is Centric Health a funded company?
Centric Health is a funded company, having raised a total of $7.67M across 6 funding rounds to date. The company's 1st funding round was a Post-IPO of $26.6M, raised on Aug 05, 2004.
How many employees does Centric Health have?
As of Dec 31, 2024, the latest employee count at Centric Health is 174.
What does Centric Health do?
Centric Health provides care programs and services and specializes in surgical and diagnostics, surgical weight loss, cosmetic surgery, orthotics, primary care, and pharmacy services. Key services include Orthotics, Pharmacy and Surgical centers. Centric Healths Performance Medical Group (PMG) uses computerized gait analysis technology to diagnose lower limb problems and conditions. Clinical assessments take 25-30 minutes and are complementary with no obligations. Based on the results from the biomechanical assessment and the needs of the client, clinicians provide education on any biomechanical concerns and, if necessary, fit them with a custom orthotic unique to their needs. Centric Health Pharmacies provide traditional pharmacy services such as compounding and dispensing medications, as well as innovative clinical and specialty services for Long Term Care and Retirement Communities and Addiction Management. Centric Health Surgical Centres are multi-disciplinary medical centres, and provide a comprehensive variety of services for patients as well as for employers.
How many acquisitions has Centric Health made?
Centric Health has made 3 acquisitions, including Lifemark, Remedy's, and Remedy'sRx Specialty Pharmacy.
Who are Centric Health's investors?
Centric Health has 3 investors. Key investors include Yorkville Asset Management, Ewing Morris & Co. Investment Partners, and Audax Group.