About Loyal
Loyal is a company based in Atlanta (United States) founded in 2015. It operates as a SaaS (Software-as-a-Service), Managed Services, and HealthTech. Loyal has raised $46 million across 2 funding rounds from investors including CHP Merger Corp. The company has 113 employees as of December 31, 2021. Loyal offers products and services including Care Activation Platform, Provider Data Management, Digital Engagement Solutions, Customer Relationship Management, and Reputation Management. Loyal operates in a competitive market with competitors including Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea Health, among others.
- Headquarter Atlanta, United States
- Employees 113 as on 31 Dec, 2021
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Sectors
TechnologyHealthcare
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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 Loyal Health
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46 M (USD)
in 2 rounds
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Latest Funding Round
$33.5 M (USD), Series B
Jul 22, 2024
- Investors
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Employee Count
113
as on Dec 31, 2021
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Products & Services of Loyal
Loyal offers a comprehensive portfolio of products and services, including Care Activation Platform, Provider Data Management, Digital Engagement Solutions, Customer Relationship Management, and Reputation Management. 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.
Patient engagement is transformed into measurable growth outcomes.
Provider and location data are managed in one tool.
Care search and scheduling are optimized for patients.
Automated campaigns are managed to drive patient engagement.
Patient feedback and reviews are managed across platforms.
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Funding Insights of Loyal
Loyal has successfully raised a total of $46M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $33.5 million completed in July 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $33.5M
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First Round
First Round
(21 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - Loyal | Valuation | Concord Health Partners |
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| Oct, 2020 | Amount | Series A - Loyal | Valuation | Concord Health Partners |
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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 |
investors |
Investors in Loyal
Loyal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CHP Merger Corp. 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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Invests in healthcare IT and services to advance patient care and efficiency.
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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 Loyal
| 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 - Loyal
| 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 |
Loyal Comparisons
Competitors of Loyal
Loyal 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 Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
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| domain | founded_year | HQ Location |
Provider of AI solutions for clinical, operational, and business outcomes
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| domain | founded_year | HQ Location |
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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| domain | founded_year | HQ Location |
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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| domain | founded_year | HQ Location |
Provider of healthcare technology and services for revenue cycle management and clinical support
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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 Loyal
Frequently Asked Questions about Loyal
When was Loyal founded?
Loyal was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Loyal located?
Loyal is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Loyal a funded company?
Loyal is a funded company, having raised a total of $46M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Oct 21, 2020.
How many employees does Loyal have?
As of Dec 31, 2021, the latest employee count at Loyal is 113.
What does Loyal do?
Loyal is established as a prominent end-to-end digital healthcare platform that unifies care touchpoints for patients and providers. Operations are focused on transforming patient engagement into measurable growth through dynamic digital experiences and high-converting solutions. The platform serves the healthcare sector by offering modular solutions such as Provider Data Management, Digital Engagement, CRM, and Reputation Management. These solutions are designed to improve patient acquisition, operational efficiency, and brand reputation while navigating the unique regulatory landscape of healthcare with HIPAA and SOC 2 Type 2 compliance.
Who are the top competitors of Loyal?
Loyal's top competitors include IKS Health, Innovaccer and CompuGroup Medical.
What products or services does Loyal offer?
Loyal offers Care Activation Platform, Provider Data Management, Digital Engagement Solutions, Customer Relationship Management, and Reputation Management.
Who are Loyal's investors?
Loyal has 1 investor. Key investors include CHP Merger Corp.
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