DirectPath Health

Birmingham, United States Founded: 2003 • Age: 23 yrs Acquired By CNO Financial Group
Benefit plan management and compliance solutions are offered to employers.
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About DirectPath Health

DirectPath Health is a company based in Birmingham (United States) founded in 2003 was acquired by CNO Financial Group in February 2021.. The company has 170 employees as of December 31, 2022. DirectPath Health has completed 1 acquisition, including Patient Care. DirectPath Health operates in a competitive market with competitors including Hinge Health, Alight, Swile, Practo and Accolade, among others.

  • Headquarter Birmingham, United States
  • Employees 170 as on 31 Dec, 2022
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Enrollment Advisors, Llc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    170

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    CNO Financial Group

    (Feb 09, 2021)

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People of DirectPath Health
Headcount 200-500
Employee Profiles 30
Employee Profiles
People
Jennifer Sheridan
Manager, Professional Services
People
Pamela Williams
Benefits Counselor / Educator
People
Nikki Hallmark
Senior Client Relationship Manager
People
Michael Aiken
Client Delivery Manager

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Funding Insights of DirectPath Health

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Debt – Conventional - DirectPath Health Valuation

investors

Jun, 2014 Amount Series A - DirectPath Health 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 DirectPath Health

DirectPath Health has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Maranon Capital, CNO Financial Group and Century Equity Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt investments are managed by the firm.
Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
Life, health, annuity insurance, and financial services are provided.
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 DirectPath Health

DirectPath Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Patient Care. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Advocacy clinical services are provided for the healthcare sector.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - DirectPath Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Directpath Health Comparisons

Employees
+
Add Comparison
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Competitors of DirectPath Health

DirectPath 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 Hinge Health, Alight, Swile, Practo and Accolade, 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
Cloud-based HRMS solutions are offered for enterprise HR management.
domain founded_year HQ Location
A card-linked wallet is provided for employee financial management.
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
Employee benefit administration and payment solutions are provided for enterprises.
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.

Latest news on Directpath Health

Frequently Asked Questions about DirectPath Health

When was DirectPath Health founded?

DirectPath Health was founded in 2003 and raised its 1st funding round 11 years after it was founded.

Where is DirectPath Health located?

DirectPath Health is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.

How many employees does DirectPath Health have?

As of Dec 31, 2022, the latest employee count at DirectPath Health is 170.

What does DirectPath Health do?

DirectPath Health was established in 2003 in Birmingham, United States, as a provider of benefit administration solutions. Formerly known as Enrollment Advisors, the company operates in the employee benefits sector, focusing on plan management, compliance oversight, enrollment processes, and employee communication strategies. Services also encompass development and engagement tools to support employer operations across various industries.

Who are the top competitors of DirectPath Health?

DirectPath Health's top competitors include Accolade, Hinge Health and Alight.

How many acquisitions has DirectPath Health made?

DirectPath Health has made 1 acquisition, including Patient Care.

Who are DirectPath Health's investors?

DirectPath Health has 3 investors. Key investors include Maranon Capital, CNO Financial Group, and Century Equity Partners.

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