About RecoveryOne
RecoveryOne is a company based in Walnut (United States) founded in 2014 was acquired by TailorCare in December 2024.. RecoveryOne has raised $74.83 million across 9 funding rounds from investors including TELUS, Cobalt Ventures and Cigna Ventures. The company has 219 employees as of December 31, 2021. RecoveryOne offers products and services including Virtual PT Program, Exercise Therapy, and Health Coaching. RecoveryOne operates in a competitive market with competitors including Bold, BetterPT, eWellness Health, Dynofit and Muvr, among others.
- Headquarter Walnut, United States
- Employees 219 as on 31 Dec, 2021
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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 Onethirtyone 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
$74.83 M (USD)
in 9 rounds
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Latest Funding Round
$33 M (USD), Series C
Sep 14, 2021
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Investors
TELUS
& 5 more
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Employee Count
219
as on Dec 31, 2021
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Acquired by
TailorCare
(Dec 10, 2024)
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Products & Services of RecoveryOne
RecoveryOne offers a comprehensive portfolio of products and services, including Virtual PT Program, Exercise Therapy, and Health Coaching. 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.
Delivers on-demand exercises and therapist support for pain relief.
Provides personalized routines to improve mobility and reduce chronic pain.
Offers motivation and accountability for recovery and behavior change.
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Leadership Team
2 people
Sales and Marketing
2 people
Physical Team
2 people
Telehealth Team
1 people
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Funding Insights of RecoveryOne
RecoveryOne has successfully raised a total of $74.83M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in September 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 9
- Last Round Series C — $33.0M
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First Round
First Round
(24 Apr 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series C - RecoveryOne | Valuation | Cobalt Ventures , Telus | |
| Dec, 2019 | Amount | Series A - RecoveryOne | Valuation | Cigna Ventures | |
| Dec, 2019 | Amount | Series B - RecoveryOne | 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 RecoveryOne
RecoveryOne has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include TELUS, Cobalt Ventures and Cigna 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 |
|---|---|---|---|---|
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Private equity firm focused on buyouts and equity investments in the healthcare sector
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Founded Year | Domain | Location | |
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VC firm focused on the healthcare industry
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing primarily 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 RecoveryOne
| 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 - RecoveryOne
| 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 |
Recoveryone Comparisons
Competitors of RecoveryOne
RecoveryOne 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 Bold, BetterPT, eWellness Health, Dynofit and Muvr, 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 |
Personalized online fitness programs for older adults are provided.
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| domain | founded_year | HQ Location |
Provider of a physical therapy platform to connects private physical therapists and clinics with patients
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| domain | founded_year | HQ Location |
Telerehabilitation platform is utilized for home-based chronic disease management.
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| domain | founded_year | HQ Location |
Wearable EMG sensor for rehabilitation
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| domain | founded_year | HQ Location |
A wearable sensor for orthopedic rehabilitation
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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 Recoveryone
Frequently Asked Questions about RecoveryOne
When was RecoveryOne founded?
RecoveryOne was founded in 2014.
Where is RecoveryOne located?
RecoveryOne is headquartered in Walnut, United States. It is registered at Walnut, California, United States.
Who is the current CEO of RecoveryOne?
Mark Luck Olson is the current CEO of RecoveryOne.
Is RecoveryOne a funded company?
RecoveryOne is a funded company, having raised a total of $74.83M across 9 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Apr 24, 2014.
How many employees does RecoveryOne have?
As of Dec 31, 2021, the latest employee count at RecoveryOne is 219.
What does RecoveryOne do?
RecoveryOne was founded in 2014 and is headquartered in Walnut, United States. Musculoskeletal solutions are provided through an app that addresses the full body across recovery stages, including conservative treatments, pain relief, prehabilitation, surgical recovery, and live coaching for behavior change. A software platform is also utilized to facilitate rehabilitation via a network of physical therapists, serving patients and employer programs in the healthcare sector.
Who are the top competitors of RecoveryOne?
What products or services does RecoveryOne offer?
RecoveryOne offers Virtual PT Program, Exercise Therapy, and Health Coaching.
Who are RecoveryOne's investors?
RecoveryOne has 6 investors. Key investors include TELUS, Cobalt Ventures, Cigna Ventures, 7wire Ventures, and Leverage Health.