Limbix

Palo Alto, United States Founded: 2016 • Age: 10 yrs Acquired By BigHealth
VR-based exposure therapy for anxiety and phobias is provided.

About Limbix

Limbix is a Healthcare company based in Palo Alto (United States) founded in 2016, and was acquired by BigHealth in July 2023. VR-based exposure therapy for anxiety and phobias is provided. Limbix has raised $27 million across 6 funding rounds from investors including NIH, Korea Investment Holdings and HHS. The company has 55 employees. Limbix offers products and services including Sleepio, Daylight, and Spark Direct. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement. Its competitors include Mindoula, Woebot Health and PursueCare; 3 of its 3 listed competitors have raised funding.

Company details

Provider of VR-based stress management solutions. It provides a platform that enables therapists to administer virtual reality exposure therapy solutions to help patients overcome anxiety, phobia, obsessive-compulsive disorder, and substance abuse. Its platform allows therapists to manage their patient exposure levels within VR scenes providing personalized treatment. Therapists can log in to the platform to add patients, create assignments, and monitor progress. Patients can then use a mobile app to complete action plans, enter thought records and assessments, listen to guided meditations and provide therapist feedback.

  • Headquarters Palo Alto, United States
  • Employees 55
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website limbix.com
  • Social LinkedIn X Facebook
  • Acquired by BigHealth (Jul 2023)
  • Legal Name Limbix
Key Metrics
  • Total Equity Funding
    $27M (USD)

    in 6 rounds

  • Latest Funding Round
    $15M (USD), Series A

    Dec 2021

  • Investors
    NIH

    & 17 more

  • Employee Count
    55
  • Acquired by
    BigHealth

    (Jul 2023)

Products & Services of Limbix

Limbix offers a comprehensive portfolio of products and services, including Sleepio, Daylight, and Spark Direct.

Sleepio
Digital Therapy

Program to improve sleep quality using CBT techniques.

Daylight
Digital Therapy

Program for managing worry and anxiety effectively.

Spark Direct
Digital Therapy

Program to enhance mood and well-being through behavioral methods.

Funding Insights of Limbix

Limbix has successfully raised a total of $27M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in December 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 $27M
  • Total Rounds 6
  • Last Round Series A β€” $15M
  • First Round $3M

    (Mar 2019)

  • Investors Count 17

All 6 funding rounds of Limbix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$15MSeries A–GSR Ventures
Mar 2021Grant––
Feb 2021$2.17MGrant––
May 2020$9MSeries A–GSR Ventures
Sep 2019$225,000Grant––
Mar 2019$3MSeed––
Valuation history

18 investors in total: 18 institutional.

Investors in Limbix

Limbix has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include NIH, Korea Investment Holdings and HHS.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage tech startups are invested in by GSR Ventures.
gsrventuresglobal.comBeijing, China
Venture capital fund focused on multiple sectors
stormventures.comMenlo Park, United States
Venture capital firm focused on software, fintech, marketplaces, and consumer internet
dncapital.comLondon, United Kingdom
eninvestment.co.kr
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
gaingels.com
Early-stage venture firm focused on healthcare technology investments.
pac.vcMenlo Park, United States
Investment holding firm established in Seoul in 2003.
2003koreainvestment.comSeoul, South Korea
Venture capital firm investing in tech sectors
operatorpartners.comNew York, United States
Investments in early-stage tech firms and consumer brands are made.
manaventures.vcSan Francisco, United States
Venture capital firm investing in multiple sectors
mvp-vc.comMenlo Park, United States
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Investor details for Limbix

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People of Limbix

44 people are tracked at Limbix (14 in leadership, 4 in board & advisors, 26 in team); the tracked headcount is 55.

NameRoleGroup
Craig Schmidt
Director Of EngineeringLeadership
Jenna Carl
VP, Clinical Development & Medical AffairsLeadership
Colin Espie
Co-Founder & Chief ScientistLeadership
John Walsh
Chief Product & Technology OfficerLeadership
Brendon Kelly
Sales DirectorLeadership
Jason O'Connor
Sales DirectorLeadership
Yael Berman
CEOLeadership
Dani Bradley
Vice President, Clinical AffairsLeadership
Jared Smith
Sales Director, Health Plan SalesLeadership
William Walters
Director, National AccountsLeadership
Tali Ball
Head Of Clinical Product DevelopmentLeadership
Reuben Lawson
Vice President, Regulatory Affairs And Quality SystemsLeadership
Dane Wetschler
Director, Patient Products And GrowthLeadership
Andrew Rocklage
Director, Legal And Business AffairsLeadership
Bruce Keogh
AdvisorBoard & advisors
Shantanu Nundy
AdvisorBoard & advisors
Nora Dennis
AdvisorBoard & advisors
Andy Krystal
AdvisorBoard & advisors
Charlie Davis
Data / Product AnalystTeam
Joe S.
Senior Software EngineerTeam

24 more people are available in the full profile.

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Complete people profiles for Limbix

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Timeline of Limbix

4 dated milestones of Limbix across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Limbix is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series A, of $15.0M.
  4. Exit Acquired by BigHealth.

Competitors of Limbix

Limbix has 3 listed competitors in our database, 3 of them funded. They include Mindoula, Woebot Health and PursueCare.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mindoula.com2013Bethesda, United States$31.05M254
Virtual care management for behavioral health is provided by Mindoula.
woebothealth.com2017San Francisco, United States$99.5M
AI-powered chat-based mental wellness tools are developed.
pursuecare.com2018Middletown, United States$27M84
Addiction treatment is delivered via mobile app teleconsultations.
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Detailed competitors of Limbix

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Limbix (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Limbix

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Frequently Asked Questions about Limbix

Limbix was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Limbix is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Limbix is a funded company, having raised a total of $27M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 2019.

Limbix has 55 employees.

Provider of VR-based stress management solutions. It provides a platform that enables therapists to administer virtual reality exposure therapy solutions to help patients overcome anxiety, phobia, obsessive-compulsive disorder, and substance abuse. Its platform allows therapists to manage their patient exposure levels within VR scenes providing personalized treatment. Therapists can log in to the platform to add patients, create assignments, and monitor progress. Patients can then use a mobile app to complete action plans, enter thought records and assessments, listen to guided meditations and provide therapist feedback.

Limbix's top competitors include PursueCare, Woebot Health and Mindoula.

Limbix offers Sleepio, Daylight, and Spark Direct.

Limbix has 18 investors. Key investors include NIH, Korea Investment Holdings, HHS, BigHealth, and NextGen Venture Partners.

Limbix operates through Limbix.

Yes. Limbix was acquired by BigHealth in July 2023.

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