Icario

Minneapolis, United States Founded: 2006 • Age: 20 yrs
Icario is recognized as a health action company focused on member engagement.

About Icario

Icario is a company based in Minneapolis (United States) founded in 2006. It operates as a HealthTech, and Pay-per-Use / Usage-Based. Icario has raised $17.48 million across 1 funding round from investors including Triple Tree. Icario offers products and services including Health Risk Assessments, Gaps in Care Programs, CAHPS & HOS Surveys, and Rewards & Incentives. Icario operates in a competitive market with competitors including Verily, Memora Health, Wellframe, MD Revolution and VitalTech, among others.

  • Headquarter Minneapolis, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Icario, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.48 M (USD)

    in 1 rounds

  • Latest Funding Round
    $17.48 M (USD), Series B

    Dec 01, 2017

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Icario

Icario offers a comprehensive portfolio of products and services, including Health Risk Assessments, Gaps in Care Programs, CAHPS & HOS Surveys, and Rewards & Incentives. 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.

Primary

Health risks are assessed to improve member outcomes.

Care gaps are addressed for better health results.

Surveys are conducted to enhance member satisfaction scores.

Incentives are provided to drive health action engagement.

Funding Insights of Icario

Icario has successfully raised a total of $17.48M through 1 strategic funding round. The most recent funding activity was a Series B round of $17.48 million completed in December 2017. 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 Rounds 1
  • Last Round Series B — $17.5M
  • First Round

    (01 Dec 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series B - Icario Valuation Triple Tree
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 Icario

Icario has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Triple Tree. 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
Institutional
Investor Description Founded Year Domain Location
Healthcare-focused investment banking services are offered by Triple Tree.
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 Icario

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

Financial Statements - Icario

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

Icario Comparisons

Employees
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Competitors of Icario

Icario 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 Verily, Memora Health, Wellframe, MD Revolution and VitalTech, 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
AI-based solutions for health management are provided.
domain founded_year HQ Location
Mobile messaging platform is utilized for chronic disease management.
domain founded_year HQ Location
Mobile and AI-based platform offering support to providers for better patient engagement
domain founded_year HQ Location
Predictive analytics SaaS platform for patient engagement is provided.
domain founded_year HQ Location
Cloud-based platform is provided for patient and employee health monitoring.
domain founded_year HQ Location
Chronic conditions are managed via cloud-based care coordination platforms.
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 Icario

Frequently Asked Questions about Icario

When was Icario founded?

Icario was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Where is Icario located?

Icario is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Is Icario a funded company?

Icario is a funded company, having raised a total of $17.48M across 1 funding round to date. The company's 1st funding round was a Series B of $17.48M, raised on Dec 01, 2017.

What does Icario do?

Icario is established as a health action company specializing in personalized, data-driven interactions to improve health outcomes. Solutions are offered in areas such as health risk assessments, closing care gaps, CAHPS and HOS surveys, and rewards programs. The company is dedicated to enhancing Medicare Star Ratings and promoting health equity. Services are tailored for health plans to drive engagement and achieve measurable results across diverse member populations.

Who are the top competitors of Icario?

Icario's top competitors include Verily, Memora Health and Wellframe.

What products or services does Icario offer?

Icario offers Health Risk Assessments, Gaps in Care Programs, CAHPS & HOS Surveys, and Rewards & Incentives.

Who are Icario's investors?

Icario has 1 investor. Key investors include Triple Tree.

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