About giftHEALTH
giftHEALTH is a company based in Columbus (United States) founded in 2009 by John Romano was acquired by Eir Partners in April 2023.. giftHEALTH has raised $5.76 million across 2 funding rounds from investors including Allos Ventures, Freestyle VC and Mucker. The company has 55 employees as of December 31, 2022. giftHEALTH has completed 1 acquisition, including Occam Health. giftHEALTH offers products and services including Patient Payment Portal, Gastroenterology Solutions, and Weight Loss Solutions. giftHEALTH operates in a competitive market with competitors including API Holdings, Pharmacist Bang, Remedial Health, PharmacyMarts and Biddano, among others.
- Headquarter Columbus, United States
- Employees 55 as on 31 Dec, 2022
- Founders John Romano
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gifthealth, 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
$5.76 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Seed
Mar 16, 2021
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Investors
Allos Ventures
& 4 more
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Employee Count
55
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Eir Partners
(Apr 04, 2023)
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Products & Services of giftHEALTH
giftHEALTH offers a comprehensive portfolio of products and services, including Patient Payment Portal, Gastroenterology Solutions, and Weight Loss 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.
Platform for managing patient prescription payments and applying discounts.
Tools for handling gastroenterology-related prescriptions and care.
Services for weight loss prescription processing and administrative support.
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Funding Insights of giftHEALTH
giftHEALTH has successfully raised a total of $5.76M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in March 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 2
- Last Round Seed — $5.0M
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First Round
First Round
(01 Jun 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - giftHEALTH | Valuation | Allos Ventures , Freestyle | |
| Jun, 2020 | Amount | Seed - giftHEALTH | Valuation | Allos Ventures , Mucker |
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| 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 giftHEALTH
giftHEALTH has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Allos Ventures, Freestyle VC and Mucker. 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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Venture capital is provided to high-potential tech companies in the Midwest.
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Founded Year | Domain | Location | |
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Freestyle VC is engaged in seed funding for tech startups.
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Founded Year | Domain | Location | |
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Accelerator and 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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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 giftHEALTH
giftHEALTH has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Occam Health. 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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0 |
| 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 - giftHEALTH
| 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 |
Gifthealth Comparisons
Competitors of giftHEALTH
giftHEALTH 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 API Holdings, Pharmacist Bang, Remedial Health, PharmacyMarts and Biddano, 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 |
Digital healthcare tools are offered for pharmacies and clinics management.
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| domain | founded_year | HQ Location |
A mobile marketplace is provided for pharmacists and pharmaceutical companies.
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| domain | founded_year | HQ Location |
Supply chain management software is provided for pharmacies and insurers.
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| domain | founded_year | HQ Location |
Online supply chain management platform for medical suppliers
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| domain | founded_year | HQ Location |
Cloud-based supply chain management is provided for pharmacies and hospitals.
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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 Gifthealth
Frequently Asked Questions about giftHEALTH
When was giftHEALTH founded?
giftHEALTH was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is giftHEALTH located?
giftHEALTH is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Is giftHEALTH a funded company?
giftHEALTH is a funded company, having raised a total of $5.76M across 2 funding rounds to date. The company's 1st funding round was a Seed of $760K, raised on Jun 01, 2020.
How many employees does giftHEALTH have?
As of Dec 31, 2022, the latest employee count at giftHEALTH is 55.
What does giftHEALTH do?
giftHEALTH was founded in 2009 in Columbus, United States. A supply chain management platform is operated within the healthcare sector, connecting pharmacies and drug suppliers for partner matching to secure medicine discounts. Medicine dispensing services are also facilitated through the platform, supporting operational efficiency in pharmaceutical distribution across the region.
Who are the top competitors of giftHEALTH?
giftHEALTH's top competitors include API Holdings, Pharmacist Bang and Biddano.
What products or services does giftHEALTH offer?
giftHEALTH offers Patient Payment Portal, Gastroenterology Solutions, and Weight Loss Solutions.
How many acquisitions has giftHEALTH made?
giftHEALTH has made 1 acquisition, including Occam Health.
Who are giftHEALTH's investors?
giftHEALTH has 5 investors. Key investors include Allos Ventures, Freestyle VC, Mucker, Hypothesis, and Eir Partners.