About Lucent Health
Lucent Health is a company based in Nashville (United States) founded in 2014.. Lucent Health has raised $36 million across 3 funding rounds from investors including NaviMed Capital. The company has 406 employees as of December 31, 2022. Lucent Health has completed 1 acquisition, including Capitol Administrators. Lucent Health offers products and services including Lucent Health Rx, Lucent Health SpecialtyRx, and Care Management. Lucent Health operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Nashville, United States
- Employees 406 as on 31 Dec, 2022
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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 Lucent Health Solutions, 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
$36 M (USD)
in 3 rounds
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Latest Funding Round
$21.5 M (USD), Series A
May 25, 2017
- Investors
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Employee Count
406
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Lucent Health
Lucent Health offers a comprehensive portfolio of products and services, including Lucent Health Rx, Lucent Health SpecialtyRx, and Care 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.
Provides transparent pharmacy benefits for members and cost savings.
Offers program for savings on specialty medications and administration.
Delivers concierge and utilization management for employee health support.
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Leadership Team
11 people
Sales and Marketing
5 people
Operations Team
5 people
Finance and Accounting
4 people
Legal and Compliance
2 people
Human Resources and Administration
2 people
Software Development Team
2 people
Creative and Marketing Team
1 people
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Funding Insights of Lucent Health
Lucent Health has successfully raised a total of $36M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $21.5 million completed in May 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 Funding
- Total Rounds 3
- Last Round Series A — $21.5M
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First Round
First Round
(30 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2017 | Amount | Series A - Lucent Health | Valuation | NaviMed Capital |
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| Mar, 2017 | Amount | Seed - Lucent Health | Valuation |
investors |
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| Jun, 2015 | Amount | Series A - Lucent Health | 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 Lucent Health
Lucent Health has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NaviMed Capital. 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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NaviMed Capital is focused on healthcare industry investments.
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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 Lucent Health
Lucent Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Capitol Administrators. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of medical staffing services
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lucent Health
| 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 |
Lucent Health Comparisons
Competitors of Lucent Health
Lucent Health 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 Hinge Health, Practo, Accolade, Sharecare and Spendesk, 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 |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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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 Lucent Health
Frequently Asked Questions about Lucent Health
When was Lucent Health founded?
Lucent Health was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Lucent Health located?
Lucent Health is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Is Lucent Health a funded company?
Lucent Health is a funded company, having raised a total of $36M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.5M, raised on Jun 30, 2015.
How many employees does Lucent Health have?
As of Dec 31, 2022, the latest employee count at Lucent Health is 406.
What does Lucent Health do?
Lucent Health was founded in 2014 and is based in Nashville, United States. Health benefits solutions are offered to enterprises within the healthcare sector. Data analytics are employed to develop customized health plans that address the requirements of companies and employees. Reporting mechanisms and predictive analytics are delivered to support the oversight and management of health benefits programs.
Who are the top competitors of Lucent Health?
Lucent Health's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Lucent Health offer?
Lucent Health offers Lucent Health Rx, Lucent Health SpecialtyRx, and Care Management.
How many acquisitions has Lucent Health made?
Lucent Health has made 1 acquisition, including Capitol Administrators.
Who are Lucent Health's investors?
Lucent Health has 1 investor. Key investors include NaviMed Capital.