About Promises
Promises was founded in 1989 by Richard Rogg in Malibu, United States. A network of inpatient facilities is maintained, specializing in treatment for mental health disorders and substance abuse. Comprehensive rehabilitation services are delivered to support recovery processes. The operations are centered in the behavioral healthcare sector. David Sack is positioned as CEO, overseeing the chains activities across the United States.
- Headquarter Malibu, United States
- Founders Richard Rogg
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Frazier Healthcare Partners
& 1 more
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Employee Count
Employee Count
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Acquired by
Frazier Healthcare Partners
(Jun 01, 2008)
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Funding Insights of Promises
| 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 Promises
Promises has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Frazier Healthcare Partners and NEA. 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 sector private equity investments are managed by the firm.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 Promises
| 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 - Promises
| 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 |
Promises Comparisons
Competitors of Promises
| 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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Frequently Asked Questions about Promises
When was Promises founded?
Promises was founded in 1989.
Where is Promises located?
Promises is headquartered in Malibu, United States. It is registered at Malibu, California, United States.
Who is the current CEO of Promises?
David Sack is the current CEO of Promises.
What does Promises do?
Promises was founded in 1989 by Richard Rogg in Malibu, United States. A network of inpatient facilities is maintained, specializing in treatment for mental health disorders and substance abuse. Comprehensive rehabilitation services are delivered to support recovery processes. The operations are centered in the behavioral healthcare sector. David Sack is positioned as CEO, overseeing the chains activities across the United States.
Who are Promises's investors?
Promises has 2 investors. Key investors include Frazier Healthcare Partners, and NEA.
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