About Conversa Health
Conversa Health is a company based in Portland (United States) founded in 2013 was acquired by Amwell in July 2021.. Conversa Health has raised $30.5 million across 5 funding rounds from investors including Amwell, Northwell and University Hospitals. The company has 45 employees as of December 31, 2022. Conversa Health offers products and services including Amwell Converge Platform, Hybrid Care Solutions, and Provider Solutions. Conversa Health operates in a competitive market with competitors including Syllable, Sensely, Vital, doc.ai and Karuna Health, among others.
- Headquarter Portland, United States
- Employees 45 as on 31 Dec, 2022
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Sectors
Healthcare
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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 Conversa Health, Inc.
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Products & Services of Conversa Health
Conversa Health offers a comprehensive portfolio of products and services, including Amwell Converge Platform, Hybrid Care Solutions, and Provider Solutions. 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.
Enables integrated virtual and in-person healthcare delivery.
Facilitates automated and virtual care for providers and payers.
Supports digital workflows for health systems and clinicians.
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Funding Insights of Conversa Health
Conversa Health has successfully raised a total of $30.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in January 2021. 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 5
- Last Round Series B — $8.0M
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First Round
First Round
(18 Mar 2015)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - Conversa Health | Valuation | Builders VC , Northwell | |
| Jun, 2020 | Amount | Series B - Conversa Health | Valuation | Builders VC , Northwell | |
| Mar, 2017 | Amount | Series A - Conversa Health | Valuation | Northwell |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Conversa Health
Conversa Health has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Amwell, Northwell and University Hospitals. 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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Investments are made in technologies that modernize industries like agriculture and construction.
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Early-stage investments in US tech and life sciences are targeted.
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Early-stage technology companies are funded by this venture capital firm.
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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
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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.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Conversa Health
| 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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Conversa Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Conversa Health Comparisons
Competitors of Conversa Health
Conversa 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 Syllable, Sensely, Vital, doc.ai and Karuna Health, 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 |
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| domain | founded_year | HQ Location |
AI-based digital assistants for healthcare communication are provided.
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Conversational AI platforms are developed for enterprise healthcare and insurance.
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| domain | founded_year | HQ Location |
Vital is recognized for patient experience technology in healthcare.
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| domain | founded_year | HQ Location |
Cloud and AI-based chatbot for cognitive training is provided.
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Platform is provided to enhance clinical care management for physicians.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Conversa Health
Frequently Asked Questions about Conversa Health
When was Conversa Health founded?
Conversa Health was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Conversa Health located?
Conversa Health is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Is Conversa Health a funded company?
Conversa Health is a funded company, having raised a total of $30.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Mar 18, 2015.
How many employees does Conversa Health have?
As of Dec 31, 2022, the latest employee count at Conversa Health is 45.
What does Conversa Health do?
Conversa Health was founded in 2013 in Portland, United States, within the healthcare technology sector. A platform for patient and physician interaction is offered, through which digital conversations are automated. Personalized engagement tools are utilized to educate patients and caregivers between medical visits. Operations focus on enhancing communication efficiency for providers across the region.
Who are the top competitors of Conversa Health?
What products or services does Conversa Health offer?
Conversa Health offers Amwell Converge Platform, Hybrid Care Solutions, and Provider Solutions.
Who are Conversa Health's investors?
Conversa Health has 13 investors. Key investors include Amwell, Northwell, University Hospitals, Healthgrades, and StartUp Health.
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