About Cylinder Health
Cylinder Health is a company founded in 2016 by Bill Snyder.. Cylinder Health has raised $77.88 million across 7 funding rounds from investors including Intermountain Healthcare, Vögtlin and Health Catalyst Capital. Cylinder Health has completed 1 acquisition, including Dieta. Cylinder Health offers products and services including Digestive Health Platform and Virtual Care Access.
- Founders Bill Snyder
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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
*********
- Legal Name Cylinder Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77.88 M (USD)
in 7 rounds
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Latest Funding Round
$31 M (USD), Series B
Sep 20, 2023
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Investors
Intermountain Healthcare
& 16 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cylinder Health
Cylinder Health offers a comprehensive portfolio of products and services, including Digestive Health Platform and Virtual Care Access. 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.
Platform provides customized care plans for managing digestive symptoms.
Offers immediate guidance from experts to improve member health outcomes.
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Software Development Team
14 people
Leadership Team
12 people
Sales and Marketing
9 people
Operations Team
4 people
Advisor Team
3 people
Finance and Accounting
3 people
Product Management Team
2 people
Human Resources and Administration
2 people
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Funding Insights of Cylinder Health
Cylinder Health has successfully raised a total of $77.88M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in September 2023. 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 7
- Last Round Series B — $31.0M
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First Round
First Round
(13 Dec 2018)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Cylinder Health | Valuation | Health Catalyst Capital | |
| Mar, 2022 | Amount | Series B - Cylinder Health | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - Cylinder Health | Valuation | 7wire Ventures |
| 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 Cylinder Health
Cylinder Health has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Intermountain Healthcare, Vögtlin and Health Catalyst Capital. 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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Growth-stage US tech companies are funded by Health Catalyst Capital.
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in the healthcare sector
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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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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.
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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 Cylinder Health
Cylinder Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dieta. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personalized digestive health solutions are provided by Dieta using AI.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cylinder Health
| 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 |
Cylinder Health Comparisons
Competitors of Cylinder 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 Cylinder Health
Frequently Asked Questions about Cylinder Health
When was Cylinder Health founded?
Cylinder Health was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Who is the current CEO of Cylinder Health?
Bill Snyder is the current CEO of Cylinder Health. They have also founded this company.
Is Cylinder Health a funded company?
Cylinder Health is a funded company, having raised a total of $77.88M across 7 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Dec 13, 2018.
What does Cylinder Health do?
Cylinder Health was founded in 2016 as a digital health platform focused on digestive issues. Individualized care plans are provided to address specific symptoms and needs. Virtual access is offered to a team including doctors, registered dietitians, and health coaches. Operations center on remote support for patients managing various gastrointestinal conditions.
What products or services does Cylinder Health offer?
Cylinder Health offers Digestive Health Platform and Virtual Care Access.
How many acquisitions has Cylinder Health made?
Cylinder Health has made 1 acquisition, including Dieta.
Who are Cylinder Health's investors?
Cylinder Health has 17 investors. Key investors include Intermountain Healthcare, Vögtlin, Health Catalyst Capital, 7wire Ventures, and Intermountain Ventures.