About ChipRewards
ChipRewards is a company based in Birmingham (United States) founded in 2007 was acquired by Icario in June 2021.. 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. ChipRewards operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Birmingham, United States
-
Sectors
TechnologyHealthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Chiprewards, Inc
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 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. 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.
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.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $225,000
-
First Round
First Round
(20 Aug 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2009 | Amount | Seed - ChipRewards | 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 ChipRewards
ChipRewards has secured backing from 1 investor. Prominent investors backing the company include Icario. 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 |
|---|---|---|---|---|
|
Cloud-based solutions for patient and population health management are offered.
|
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 ChipRewards
| 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 - ChipRewards
| 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 |
Chiprewards Comparisons
Competitors of ChipRewards
ChipRewards 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. 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 |
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 |
Health and wellness social network for employees is provided.
|
|
| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
|
|
| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
|
| 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 ChipRewards
When was ChipRewards founded?
ChipRewards was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is ChipRewards located?
ChipRewards is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Is ChipRewards a funded company?
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 20, 2009.
What does ChipRewards do?
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.
Who are the top competitors of ChipRewards?
ChipRewards's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does ChipRewards offer?
ChipRewards offers Health Risk Assessments, Gaps in Care Programs, Rewards and Incentives, and CAHPS and HOS Surveys.
Who are ChipRewards's investors?
ChipRewards has 1 investor. Key investors include Icario.