About ChipRewards
ChipRewards is a Technology company based in Birmingham (United States) founded in 2007, and was acquired by Icario in June 2021. Consumer health incentive platform for employers and healthcare providers. It operates in the Technology and Healthcare sectors. ChipRewards has raised $225 thousand across 1 funding round from investors including Icario. ChipRewards offers products and services including Health Risk Assessments, Gaps in Care Programs, Rewards and Incentives, and CAHPS and HOS Surveys. Its focus areas include HealthTech, Employee Health IT, Healthcare Benefits Administration and Benefits Management. Its legal entity is CHIPREWARDS, INC. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.
Company details
A web-based consumer health incentive platform is operated by ChipRewards, founded in 2007 in Birmingham, United States. Engagement in health screenings, preventive care, wellness activities, pharmacy adherence, exercise, and disease management is facilitated for employers, health plans, and healthcare providers. Tools for reporting and tracking participation, performance, and program outcomes are included in the health sector operations.
Products & Services of ChipRewards
ChipRewards offers a comprehensive portfolio of products and services, including Health Risk Assessments, Gaps in Care Programs, Rewards and Incentives, and CAHPS and HOS Surveys.
Tool for evaluating member health risks and promoting actions.
Programs to identify and close healthcare gaps for members.
System to incentivize healthy behaviors and improve compliance.
Platform for conducting patient satisfaction and health outcome surveys.
Apps and channels of ChipRewards
its YouTube channel Icario has 132 subscribers and 30 videos.
Videos from ChipRewards
The most watched videos on ChipRewards's YouTube channel, Icario (132 subscribers). Click a video to play it here.
More on Icario.
Funding Insights of ChipRewards
ChipRewards has successfully raised a total of $225K through 1 strategic funding round. The most recent funding activity was a Seed round of $225 thousand completed in August 2009. 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 $225,000
- Total Rounds 1
- Last Round Seed — $225,000
- First Round $225,000
(Aug 2009)
All 1 funding rounds of ChipRewards with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2009 | $225,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in ChipRewards
ChipRewards has secured backing from 1 investor. Prominent investors backing the company include Icario.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based solutions for patient and population health management are offered. | 2020 | icariohealth.com | Minneapolis, United States |
Investor details for ChipRewards
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Timeline of ChipRewards
3 dated milestones of ChipRewards across 14 years, from founding to its latest funding, stage changes and deals.
- Founded ChipRewards is founded.
- Funding First funding round of $225K.
- Exit Acquired by Icario.
Competitors of ChipRewards
ChipRewards has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| sharecare.com | 2010 | Atlanta, United States | $64M | 1,988 | Health and wellness social network for employees is provided. |
Detailed competitors of ChipRewards
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Top companies in HR & Workforce Technology
3 companies that operate in the same segment as ChipRewards (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Chiprewards
Complete news archive for ChipRewards
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Frequently Asked Questions about ChipRewards
ChipRewards was founded in 2007 and raised its 1st funding round 2 years after it was founded.
ChipRewards is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
ChipRewards is a funded company, having raised a total of $225K across 1 funding round to date. The company's 1st funding round was a Seed of $225K, raised on Aug 2009.
A web-based consumer health incentive platform is operated by ChipRewards, founded in 2007 in Birmingham, United States. Engagement in health screenings, preventive care, wellness activities, pharmacy adherence, exercise, and disease management is facilitated for employers, health plans, and healthcare providers. Tools for reporting and tracking participation, performance, and program outcomes are included in the health sector operations.
ChipRewards's top competitors include Accolade, Hinge Health and Sharecare.
ChipRewards offers Health Risk Assessments, Gaps in Care Programs, Rewards and Incentives, and CAHPS and HOS Surveys.
ChipRewards has 1 investor. Key investors include Icario.
ChipRewards operates through Chiprewards, Inc.
Yes. ChipRewards was acquired by Icario in June 2021.