About Healthify
Healthify is a company based in New York (United States) founded in 2013 by Manik Bhat was acquired by WellSky in July 2021.. Healthify has raised $25.6 million across 6 funding rounds from investors including WellSky, Acumen and SV Health Investors. The company has 33 employees as of December 31, 2021. Healthify offers products and services including Social Care Coordination, Care Coordination, and Predictive Risk Modeling. Healthify operates in a competitive market with competitors including Birdie, Lumeon, Log My Care, PatientPing and Switchboard Health, among others.
- Headquarter New York, United States
- Employees 33 as on 31 Dec, 2021
- Founders Manik Bhat
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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 Healthify, Inc.
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Products & Services of Healthify
Healthify offers a comprehensive portfolio of products and services, including Social Care Coordination, Care Coordination, and Predictive Risk Modeling. 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.
Software for managing social determinants of health referrals.
System for post-acute care and chronic condition tracking.
Tool for analyzing member risks and improving outcomes.
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Funding Insights of Healthify
Healthify has successfully raised a total of $25.6M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in November 2019. 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 6
- Last Round Series B — $16.0M
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First Round
First Round
(14 May 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series B - Healthify | Valuation | SV Health Investors | |
| Jul, 2017 | Amount | Series A - Healthify | Valuation | Active Venture Partners , BVF | |
| Sep, 2016 | Amount | Seed - Healthify | Valuation | New York Digital Health |
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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 |
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Investors in Healthify
Healthify has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include WellSky, Acumen and SV Health Investors. 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 fund focused on early-stage healthcare startups
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Founded Year | Domain | Location | |
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Funding is provided to healthcare startups by corporate-backed BVF.
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Founded Year | Domain | Location | |
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Investments in seed-stage companies are managed by Primary Venture Partner.
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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 Healthify
| 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 - Healthify
| 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 |
Healthify Comparisons
Competitors of Healthify
Healthify 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 Birdie, Lumeon, Log My Care, PatientPing and Switchboard 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 |
Cloud-based software for elderly care management is provided.
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| domain | founded_year | HQ Location |
A real-time platform for viewing entire patient journeys is provided.
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| domain | founded_year | HQ Location |
Provider of a care management platform for care providers
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| domain | founded_year | HQ Location |
Cloud-based care coordination is enabled for healthcare providers.
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| domain | founded_year | HQ Location |
Digital virtual care networking is enabled for healthcare professionals.
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| domain | founded_year | HQ Location |
Provider of care planning and management software for care home and agencies
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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 Healthify
Frequently Asked Questions about Healthify
When was Healthify founded?
Healthify was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Healthify located?
Healthify is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Healthify?
Manik Bhat is the current CEO of Healthify. They have also founded this company.
Is Healthify a funded company?
Healthify is a funded company, having raised a total of $25.6M across 6 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on May 14, 2014.
How many employees does Healthify have?
As of Dec 31, 2021, the latest employee count at Healthify is 33.
What does Healthify do?
Healthify was founded in 2013 in New York, United States, as a SaaS-based platform in the healthcare sector. Solutions are offered to health plans, hospitals, and provider networks operating in low-income communities. Care teams utilize the platform to facilitate quick and accurate patient referrals to social services, supporting coordinated care efforts across organizations.
Who are the top competitors of Healthify?
Healthify's top competitors include Birdie, Lumeon and PatientPing.
What products or services does Healthify offer?
Healthify offers Social Care Coordination, Care Coordination, and Predictive Risk Modeling.
Who are Healthify's investors?
Healthify has 10 investors. Key investors include WellSky, Acumen, SV Health Investors, BVF, and Primary.