RedBrick Health

Minneapolis, United States Founded: 2006 • Age: 20 yrs Acquired By Marlin Equity Partners
Health and wellness programs are managed for employers through technology.

About RedBrick Health

RedBrick Health is a company based in Minneapolis (United States) founded in 2006 was acquired by Marlin Equity Partners in May 2018.. RedBrick Health has raised $46.65 million across 5 funding rounds from investors including Kleiner Perkins, Marlin Equity Partners and Highland Capital Partners. RedBrick Health offers products and services including Virgin Pulse Platform and Registration Service. RedBrick Health operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Magellan Health and Sharecare, among others.

  • Headquarter Minneapolis, United States
  • Sectors
    Technology
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Redbrick Health Corporation
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $46.65 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7.5 M (USD), Series E

    Apr 28, 2014

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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Products & Services of RedBrick Health

RedBrick Health offers a comprehensive portfolio of products and services, including Virgin Pulse Platform and Registration Service. 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.

Primary

Digital tool for user registration and life improvement services.

System for user sign-up to wellness programs.

Funding Insights of RedBrick Health

RedBrick Health has successfully raised a total of $46.65M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $7.5 million completed in April 2014. 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 Rounds 5
  • Last Round Series E — $7.5M
  • First Round

    (24 Mar 2009)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2014 Amount Series E - RedBrick Health Valuation

investors

Apr, 2013 Amount Series E - RedBrick Health Valuation

investors

Aug, 2011 Amount Series D - RedBrick Health Valuation

investors

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 RedBrick Health

RedBrick Health has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, Marlin Equity Partners and Highland Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investment and entrepreneur support services.
Founded Year Domain Location
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999.
Founded Year Domain Location
Venture capital funding is provided by Fidelity-backed Fidelity 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 RedBrick Health

Investments
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 - RedBrick Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Redbrick Health Comparisons

Employees
+
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Competitors of RedBrick Health

RedBrick 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 Hinge Health, Practo, Accolade, Magellan Health and Sharecare, 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
Virtual physical therapy and digital pain care solutions are provided.
domain founded_year HQ Location
Doctor appointments are booked and healthcare professionals are consulted online.
domain founded_year HQ Location
Employee health benefits are facilitated via a cloud-based platform.
domain founded_year HQ Location
Behavioral healthcare management and pharmacy services are provided for employees.
domain founded_year HQ Location
Health and wellness social network for employees is provided.
domain founded_year HQ Location
Provider of prepaid cards for financial benefits of employees
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 Redbrick Health

Frequently Asked Questions about RedBrick Health

When was RedBrick Health founded?

RedBrick Health was founded in 2006 and raised its 1st funding round 3 years after it was founded.

Where is RedBrick Health located?

RedBrick Health is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Who is the current CEO of RedBrick Health?

Chris Michalak is the current CEO of RedBrick Health.

Is RedBrick Health a funded company?

RedBrick Health is a funded company, having raised a total of $46.65M across 5 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Mar 24, 2009.

What does RedBrick Health do?

RedBrick Health was founded in 2006 in Minneapolis, United States, and operates in the health technology sector. Wellness programs for employers are supported by combining financial accountability, clinical and behavioral insights, and social mechanics to deliver personalized experiences via web, mobile, and live interactions. Services encompass health assessment, biometric screening, health advising, phone coaching, program integration, communications, and reporting.

Who are the top competitors of RedBrick Health?

RedBrick Health's top competitors include Accolade, Hinge Health and Wellhub.

What products or services does RedBrick Health offer?

RedBrick Health offers Virgin Pulse Platform and Registration Service.

Who are RedBrick Health's investors?

RedBrick Health has 5 investors. Key investors include Kleiner Perkins, Marlin Equity Partners, Highland Capital Partners, Versant Ventures, and Fidelity Ventures.

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