About Flocare
Flocare is a Healthcare company based in San Francisco (United States) founded in 2018 by Gagan Goel, and was acquired by WalmartLabs in July 2019. It operates as an administrative solutions for home health professionals are provided. Its chief executive is Gagan Goel. Its Indian entity Flocare Labs India Private Limited reported revenue of ₹2.19 Cr. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include athenahealth, Notable, Symplr, Lemon Healthcare and Helium Health and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
FloCare was established in 2018 in San Francisco, United States, within the healthcare sector. An application platform is developed to assist clinicians in managing online appointments, staff operations, digitized scheduling, communication tools, consultation reminders, back-office tasks, and notification configurations. An analytics dashboard is also offered to support practice optimization and staff productivity for home health professionals.
- Headquarters San Francisco, United States
- Founders Gagan Goel
- Stage Acquired
- SectorsHealthcare
- Website flocare.health
- Social LinkedIn
- Acquired by WalmartLabs (Jul 2019)
- Legal Name Flocare Labs India Private Limited
- Date of Incorporation 13 Mar, 2018
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹2.19 Cr
FY 2019
- Net Profit₹23.1 Lakh
FY 2019 · 11% margin
- EBITDA₹33.5 Lakh
FY 2019 · 15% margin
- Investors
- Acquired byWalmartLabs
(Jul 2019)
Associated legal entities of Flocare
Flocare operates through Flocare Labs India Private Limited (dissolved (liquidated)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flocare Labs India Private Limited CIN U72900KA2018FTC111057 | Dissolved (Liquidated) | 13 Mar 2018 | Bengaluru, Karnataka | ₹2.2 Cr | 36 | 2 | View details |
Investors in Flocare
Flocare has secured backing from 1 investor. Prominent investors backing the company include WalmartLabs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Serves as Walmart's technology center for innovative retail solutions. | 2011 | walmartlabs.com | San Bruno, United States |
Investor details for Flocare
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Board of directors of Flocare Labs India Private Limited (Flocare)
Flocare Labs India Private Limited is the primary company behind Flocare. The board of Flocare Labs India Private Limited currently have 2 directors; the longest-serving is Gaurav Gupta, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Gupta DIN 07015802 | Director | 13 Mar 2018 | 8 yrs 7 mo | Flocare Labs India Private Limited |
| Gagan Goel DIN 08084383 | Director | 13 Mar 2018 | 8 yrs 7 mo | Flocare Labs India Private Limited |
People of Flocare
1 people are tracked at Flocare (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
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Financials of Flocare
Figures of Flocare Labs India Private Limited, the primary company behind Flocare, for FY 2019. Revenue was ₹2.19 Cr. Net profit was ₹23.1 Lakh (11% margin). EBITDA was ₹33.5 Lakh (15% margin).
- ₹2.19 CrRevenue · FY 2019
- ₹23.1 LakhNet profit · 11% margin
- ₹33.5 LakhEBITDA · 15% margin
- ₹10 LakhPaid-up capital
- 36Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Flocare Labs India Private Limited are on its company page.
Detailed financial statements for Flocare
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Timeline of Flocare
2 dated milestones of Flocare across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Flocare is founded.
- Exit Acquired by WalmartLabs.
Competitors of Flocare
Flocare has 8 listed competitors in our database, 5 of them funded. They include athenahealth, Notable, Symplr, Lemon Healthcare and Helium Health, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| athenahealth.com | 1997 | Watertown, United States | $40M | 4,445 | Cloud-based administrative tools for healthcare providers are offered. | |
| notablehealth.com | 2017 | San Mateo, United States | $116.5M | 217 | Wearable device provided for capturing patient-doctor interactions. | |
| symplr.com | 2006 | Houston, United States | – | 107 | Cloud-based administrative solutions for healthcare credentialing and compliance are offered. | |
| lemonhealthcare.com | 2019 | Seoul, South Korea | $13.43M | – | Hospital management software is provided for patient care processes. | |
| heliumhealth.com | 2015 | Lekki, Nigeria | $42.17M | – | Electronic medical records software is provided for healthcare providers. | |
| medeanalytics.com | 1994 | Richardson, United States | $57M | 220 | Healthcare analytics are delivered to enhance provider performance. | |
| homecarepulse.com | 2008 | Rexburg, United States | – | 106 | Cloud-based tools for home care planning and management are provided. | |
| cegedim.com | 1969 | – | – | – | Digital data flow management services |
Detailed competitors of Flocare
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Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as Flocare (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Flocare
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Frequently Asked Questions about Flocare
Flocare was founded in 2018.
Flocare is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Gagan Goel is the current CEO of Flocare. They have also founded this company.
The primary company behind Flocare, Flocare Labs India Private Limited, reported revenue of ₹2.19 Cr for FY 2019.
FloCare was established in 2018 in San Francisco, United States, within the healthcare sector. An application platform is developed to assist clinicians in managing online appointments, staff operations, digitized scheduling, communication tools, consultation reminders, back-office tasks, and notification configurations. An analytics dashboard is also offered to support practice optimization and staff productivity for home health professionals.
Flocare's top competitors include athenahealth, Notable and Symplr.
Flocare has 1 investor. Key investors include WalmartLabs.
Flocare operates through Flocare Labs India Private Limited.
Yes. Flocare was acquired by WalmartLabs in July 2019.
The legal entities of Flocare currently have 2 directors, including Gaurav Gupta, Gagan Goel.