About PatientsLikeMe
PatientsLikeMe is a company based in Cambridge (United States) founded in 2004 was acquired by UnitedHealth Group in June 2019.. PatientsLikeMe has raised $151 million across 6 funding rounds from investors including UnitedHealth Group, Symphony HQ and ICarbonX. PatientsLikeMe offers products and services including PatientsLikeMe Platform and Forums and Resources. PatientsLikeMe operates in a competitive market with competitors including MyHealthTeam, Unite Us, Wisdo, Alliance Health and Belong, among others.
- Headquarter Cambridge, United States
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Sectors
HealthcareMedia & Entertainment
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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 Patientslikeme 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
$151 M (USD)
in 6 rounds
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Latest Funding Round
$26 M (USD), Series D
Feb 09, 2021
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Investors
UnitedHealth Group
& 13 more
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Employee Count
Employee Count
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Acquired by
UnitedHealth Group
(Jun 19, 2019)
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Products & Services of PatientsLikeMe
PatientsLikeMe offers a comprehensive portfolio of products and services, including PatientsLikeMe Platform and Forums and Resources. 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.
Online service for patients to share and track health data
Features for discussing treatments and symptoms with peers
Unlock access to complete
Funding Insights of PatientsLikeMe
PatientsLikeMe has successfully raised a total of $151M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $26 million completed in February 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 Total Funding
- Total Rounds 6
- Last Round Series D — $26.0M
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First Round
First Round
(08 Feb 2007)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series D - PatientsLikeMe | Valuation | Alta Partners , Ducera Partners | |
| Jan, 2017 | Amount | Series D - PatientsLikeMe | Valuation | ICarbonX | |
| Jun, 2013 | Amount | Series B - PatientsLikeMe | Valuation | CommerceNet , Omidyar Network |
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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 PatientsLikeMe
PatientsLikeMe has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include UnitedHealth Group, Symphony HQ and ICarbonX. 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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Venture capital firm focused on healthcare companies
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Founded Year | Domain | Location | |
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Early-stage tech and offline focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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PE firm investing in the US
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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 PatientsLikeMe
| 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 - PatientsLikeMe
| 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 |
Patientslikeme Comparisons
Competitors of PatientsLikeMe
PatientsLikeMe 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 MyHealthTeam, Unite Us, Wisdo, Alliance Health and Belong, 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 |
Mobile-based social application for multiple health conditions
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| domain | founded_year | HQ Location |
Cloud-based software for patient interoperability and community management is offered.
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| domain | founded_year | HQ Location |
Online communities for various health conditions are facilitated.
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| domain | founded_year | HQ Location |
Online community for chronic disease management & health product delivery
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| domain | founded_year | HQ Location |
AI-enabled platform sources candidates for inclusive employment of disabled individuals.
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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 Patientslikeme
Frequently Asked Questions about PatientsLikeMe
When was PatientsLikeMe founded?
PatientsLikeMe was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Where is PatientsLikeMe located?
PatientsLikeMe is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is PatientsLikeMe a funded company?
PatientsLikeMe is a funded company, having raised a total of $151M across 6 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Feb 08, 2007.
What does PatientsLikeMe do?
PatientsLikeMe was founded in 2004 in Cambridge, United States, as a digital platform in the healthcare sector. An online network is operated where individuals with medical conditions connect, track personal experiences, and share data on diseases and symptoms. Information is updated daily by users. DigitalMe is offered as a research tool for pharmaceutical companies, regulators, and researchers to access real-time patient data for product and care development.
Who are the top competitors of PatientsLikeMe?
PatientsLikeMe's top competitors include MyHealthTeam, Unite Us and Wisdo.
What products or services does PatientsLikeMe offer?
PatientsLikeMe offers PatientsLikeMe Platform and Forums and Resources.
Who are PatientsLikeMe's investors?
PatientsLikeMe has 14 investors. Key investors include UnitedHealth Group, Symphony HQ, ICarbonX, Omidyar Network, and Alta Partners.