About HiLabs
HiLabs is a company based in Olney (United States) founded in 2014 by Neel Butala and Amit Garg. HiLabs has raised $39.25 million across 2 funding rounds from investors including Eight Roads Ventures, Denali Growth and F-Prime Capital. The company has 125 employees as of April 09, 2024. HiLabs operates in a competitive market with competitors including ApolloMed, Genomics, Assurecare, Patients Know Best and ZeOmega, among others.
- Headquarter Olney, United States
- Employees 125 as on 09 Apr, 2024
- Founders Neel Butala, Amit Garg
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Sectors
HealthcareTechnology
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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 Hilabs India Private Limited
- Date of Incorporation 20 Dec, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.58 M (USD)3467.31as on Mar 31, 2023
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Net Profit
$264.64 K (USD)2928.32as on Mar 31, 2023
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EBITDA
$387.73 K (USD)3057.6as on Mar 31, 2023
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Total Equity Funding
$39.25 M (USD)
in 2 rounds
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Latest Funding Round
$39 M (USD), Series B
Mar 14, 2024
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Investors
Eight Roads Ventures
& 2 more
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Employee Count
125
as on Apr 09, 2024
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Funding Insights of HiLabs
HiLabs has successfully raised a total of $39.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $39 million completed in March 2024. 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.
Investors in HiLabs
HiLabs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Eight Roads Ventures, Denali Growth and F-Prime Capital.
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Venture capital investment and global platform support for startups.
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Growth equity firm partnering with healthcare tech companies for investments and support.
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Investor details for HiLabs
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Investments & Acquisitions by HiLabs
Investment portfolio details for HiLabs
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Financial Statements - HiLabs
Detailed financials for HiLabs
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Hilabs Comparisons
Peer comparison for HiLabs
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Competitors of HiLabs
HiLabs 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 ApolloMed, Genomics, Assurecare, Patients Know Best and ZeOmega, among others.
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Health ecosystem participants are connected and provider support is integrated.
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Genomic risk assessment and prevention platform is provided.
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Digital population health management is provided for healthcare professionals.
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Personal health records software is provided for healthcare organizations.
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Population health management software is provided to payers and providers.
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Detailed competitors of HiLabs
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Latest news on Hilabs
Complete news archive for HiLabs
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Frequently Asked Questions about HiLabs
HiLabs was founded in 2014 and raised its 1st funding round 3 years after it was founded.
HiLabs is headquartered in Olney, United States. It is registered at Olney, Maryland, United States.
Amit Garg is the current CEO of HiLabs. They have also founded this company.
HiLabs is a funded company, having raised a total of $39.25M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at HiLabs is 125.
Annual revenue of HiLabs is $4.58M as on Mar 31, 2023.
Founded in 2014 and headquartered in Olney, United States, HiLabs operates in the health technology sector. A DIY data science platform is offered to health organizations, enabling data integration from multiple systems and visualization of patient profiles through various data attributes. This supports exploration of member and patient populations for actionable insights. The companys leadership includes co-founders Neel Butala as Chief Medical Officer and Amit Garg as CEO.
HiLabs's top competitors include Patients Know Best, Assurecare and Rimidi Diabetes.
HiLabs has 3 investors. Key investors include Eight Roads Ventures, Denali Growth, and F-Prime Capital.