About Iodine
Iodine is a company based in San Francisco (United States) founded in 2013.. Iodine has raised $2.5 million across 2 funding rounds from investors including Felicis Ventures, BoxGroup and Maveron. The company has 714 employees as of December 31, 2021. Iodine operates in a competitive market with competitors including Mediately, RxWiki, Tuune, Alibaba Health and MyRxProfile, among others.
- Headquarter San Francisco, United States
- Employees 714 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Goodrx, 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
$2.5 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Feb 28, 2014
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Investors
Felicis Ventures
& 9 more
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Employee Count
714
as on Dec 31, 2021
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Software Development Team
102 people
Sales and Marketing
46 people
Leadership Team
41 people
Data Analysis and Operations Team
40 people
Operations Team
31 people
Senior Team
27 people
Product Management Team
24 people
Human Resources and Administration
14 people
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Funding Insights of Iodine
Iodine has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in February 2014. 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 — $2.5M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2014 | Amount | Seed - Iodine | Valuation |
investors |
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| Jan, 2014 | Amount | Seed - Iodine | Valuation |
investors |
| 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 Iodine
Iodine has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Felicis Ventures, BoxGroup and Maveron. 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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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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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 Iodine
| 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 - Iodine
| 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 |
Iodine Comparisons
Competitors of Iodine
Iodine 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 Mediately, RxWiki, Tuune, Alibaba Health and MyRxProfile, 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 |
Online information portal on medicines
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| domain | founded_year | HQ Location |
Digital medication encyclopaedia
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| domain | founded_year | HQ Location |
Personalized contraceptive pills are provided via an online platform.
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| domain | founded_year | HQ Location |
Online platform for pharmacy, consultations, and appointments is operated.
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| domain | founded_year | HQ Location |
App for tracking prescriptions, providing drug alerts, and managing medication safety.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Iodine
When was Iodine founded?
Iodine was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Iodine located?
Iodine is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Iodine a funded company?
Iodine is a funded company, having raised a total of $2.5M across 2 funding rounds to date.
How many employees does Iodine have?
As of Dec 31, 2021, the latest employee count at Iodine is 714.
What does Iodine do?
Iodine was founded in 2013 in San Francisco, United States, as a healthcare information platform. Drug details, medical conditions, comparisons, and user reviews segmented by gender, age, side effects, and dosage are provided. An iOS app for health tracking is available, drawing from Google consumer reviews and the NADAC database verified by in-house doctors. Insurance coverage for conditions across providers is also included.
Who are the top competitors of Iodine?
Iodine's top competitors include Mediately, Alibaba Health and Tuune.
Who are Iodine's investors?
Iodine has 10 investors. Key investors include Felicis Ventures, BoxGroup, Maveron, MESA Ventures, and SparkLabs Global Ventures.