About Lynx
Lynx is a company based in Wellesley (United States) founded in 2021. It operates as a API-as-a-Product, and HealthTech. Lynx has raised $44.5 million across 3 funding rounds from investors including CVS Health, Flare Capital Partners and McKesson Ventures. The company has 21 employees as of December 31, 2022. Lynx offers products and services including Banking and Ledgering, Advanced Payment Processing, E-commerce, and Investments. Lynx operates in a competitive market with competitors including Health Credit Services, Alphaeon Credit, Basis, Reclaimz and Horizon Health Fund, among others.
- Headquarter Wellesley, United States
- Employees 21 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lynx Finhealth, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$44.5 M (USD)
in 3 rounds
-
Latest Funding Round
$27 M (USD), Series A
Feb 06, 2025
-
Investors
CVS Health
& 8 more
-
Employee Count
21
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Lynx
Lynx offers a comprehensive portfolio of products and services, including Banking and Ledgering, Advanced Payment Processing, E-commerce, and Investments. 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.
Banking and ledgering systems are provided for healthcare accounts.
Payment processing with restricted spending cards is facilitated efficiently.
E-commerce solutions for healthcare products are built and supported.
Investment options for healthcare finances are offered through integration.
Unlock access to complete
Unlock access to complete
Funding Insights of Lynx
Lynx has successfully raised a total of $44.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $27 million completed in February 2025. 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 — $27.0M
-
First Round
First Round
(03 Mar 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Lynx | Valuation | Flare Capital Partners | |
| Mar, 2022 | Amount | Seed - Lynx | Valuation |
investors |
|
| Mar, 2022 | Amount | Series A - Lynx | Valuation | Obvious Ventures , .406 Ventures |
| 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 Lynx
Lynx has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include CVS Health, Flare Capital Partners and McKesson Ventures. 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 |
|---|---|---|---|---|
|
Early-stage tech startups are funded by this venture capital firm.
|
Founded Year | Domain | Location | |
|
Early-stage tech companies are supported through venture capital investments.
|
Founded Year | Domain | Location | |
|
Healthcare sector investments are primarily managed by Frist Cressey Ventures.
|
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 Lynx
| 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 - Lynx
| 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 |
Lynx Comparisons
Competitors of Lynx
Lynx 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 Credit Services, Alphaeon Credit, Basis, Reclaimz and Horizon Health Fund, 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 |
Platform that offers patient financing options
|
|
| domain | founded_year | HQ Location |
Credit card for healthcare payments
|
|
| domain | founded_year | HQ Location |
Basis is focused on smart home energy management solutions.
|
|
| domain | founded_year | HQ Location |
Reclaimz provides SaaS platform for healthcare claims funding and AI analytics services.
|
|
| domain | founded_year | HQ Location |
Patient financing solutions for healthcare providers are offered.
|
| 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 Lynx
Frequently Asked Questions about Lynx
When was Lynx founded?
Lynx was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Lynx located?
Lynx is headquartered in Wellesley, United States. It is registered at Wellesley, Massachusetts, United States.
Is Lynx a funded company?
Lynx is a funded company, having raised a total of $44.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Mar 03, 2022.
How many employees does Lynx have?
As of Dec 31, 2022, the latest employee count at Lynx is 21.
What does Lynx do?
Lynx is engaged in delivering modern fintech solutions tailored for the healthcare industry. The company offers a suite of APIs that enable platforms to integrate healthcare financial services, including banking, payment processing, e-commerce, and investment options. Solutions are designed to support consumer-directed health accounts, advanced payment systems with restricted spending, and e-commerce for medical products. Lynx serves sectors like Medicare, Medicaid, and commercial healthcare, aiming to simplify financial experiences while managing compliance and regulatory complexities for its partners.
Who are the top competitors of Lynx?
Lynx's top competitors include Basis, Health Credit Services and Alphaeon Credit.
What products or services does Lynx offer?
Lynx offers Banking and Ledgering, Advanced Payment Processing, E-commerce, and Investments.
Who are Lynx's investors?
Lynx has 9 investors. Key investors include CVS Health, Flare Capital Partners, McKesson Ventures, .406 Ventures, and Frist Cressey Ventures.