About Pack Health
Pack Health is a company based in Birmingham (United States) founded in 2013 was acquired by Quest Diagnostics in January 2022. It operates as a Managed Services, and HealthTech. Pack Health has raised $750 thousand across 2 funding rounds from investors including Quest Diagnostics and Coverys. Pack Health offers products and services including Health Coaching, Remote Patient Monitoring, and Condition-Specific Meal Delivery. Pack Health operates in a competitive market with competitors including Jumo Health, Hangzhou Jianhai Technology, repisodic, Kangaiweishi and 22otters, among others.
- Headquarter Birmingham, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pack Health, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$750 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Quest Diagnostics
& 1 more
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Employee Count
Employee Count
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Acquired by
Quest Diagnostics
(Jan 18, 2022)
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Products & Services of Pack Health
Pack Health offers a comprehensive portfolio of products and services, including Health Coaching, Remote Patient Monitoring, and Condition-Specific Meal Delivery. 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.
Personalized coaching is provided for chronic condition management.
Health measures are tracked remotely using various devices.
Meal boxes are delivered to address food insecurity.
Funding Insights of Pack Health
Pack Health has successfully raised a total of $750K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(18 Aug 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Seed - Pack Health | Valuation |
investors |
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| Aug, 2016 | Amount | Angel Round - Pack Health | Valuation |
investors |
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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 Pack Health
Pack Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Quest Diagnostics and Coverys. 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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Healthcare insurance claim services are provided to medical professionals.
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Founded Year | Domain | Location | |
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Integrated diagnostic and IT services are provided to healthcare organizations.
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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 Pack Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Pack 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 |
Pack Health Comparisons
Competitors of Pack Health
Pack 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 Jumo Health, Hangzhou Jianhai Technology, repisodic, Kangaiweishi and 22otters, 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 |
Jumo Health is focused on improving clinical trial patient experiences.
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| domain | founded_year | HQ Location |
AI and cloud-based tools for healthcare disease management are developed.
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| domain | founded_year | HQ Location |
Post-acute care and hospital workflow management solutions are provided.
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| domain | founded_year | HQ Location |
Provides community resources and post-treatment tools for cancer patients.
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| domain | founded_year | HQ Location |
Patient engagement app for hospital instructions
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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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Latest news on Pack Health
Frequently Asked Questions about Pack Health
When was Pack Health founded?
Pack Health was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Pack Health located?
Pack Health is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Is Pack Health a funded company?
Pack Health is a funded company, having raised a total of $750K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $750K, raised on Aug 18, 2016.
What does Pack Health do?
Pack Health, a Quest Diagnostics Company, is focused on delivering evidence-based health coaching programs to improve patient outcomes. Services are offered across biopharma, employer, and health plan segments, targeting chronic condition management for over 20 conditions including autoimmune, cardiometabolic, and mental health issues. Personalized 1-on-1 guidance is provided by certified Health Advisors to help individuals overcome barriers and achieve health goals. Additional solutions such as remote patient monitoring, condition-specific meal delivery, and social determinants of health resources are integrated to support whole-person health and reduce care gaps.
Who are the top competitors of Pack Health?
Pack Health's top competitors include repisodic, Jumo Health and Hangzhou Jianhai Technology.
What products or services does Pack Health offer?
Pack Health offers Health Coaching, Remote Patient Monitoring, and Condition-Specific Meal Delivery.
Who are Pack Health's investors?
Pack Health has 2 investors. Key investors include Quest Diagnostics, and Coverys.