About SnapClarity
SnapClarity is a company based in Ottawa (Canada) founded in 2016 by Joel Grenier, Jeff Deriger, and Terri Storey was acquired by CloudMD in July 2020.. SnapClarity has raised $1.5 million across 2 funding rounds from investors including Relentless Venture Fund and Kii Health. SnapClarity offers products and services including Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management. SnapClarity operates in a competitive market with competitors including Dialogue, PanGenomic, Cognito, Inkblot and PsyMood, among others.
- Headquarter Ottawa, Canada
- Founders Joel Grenier, Jeff Deriger, Terri Storey
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Relentless Venture Fund
& 1 more
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Employee Count
Employee Count
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Acquired by
CloudMD
(Jul 16, 2020)
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Products & Services of SnapClarity
SnapClarity offers a comprehensive portfolio of products and services, including Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management. 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.
Offers confidential short-term counseling for life challenges.
Provides stepped-care from prevention to treatment programs.
Delivers quick access to medical consultations and specialists.
Manages workplace injury risks and supports safe returns.
Facilitates sustainable return to work for employees.
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Funding Insights of SnapClarity
SnapClarity has successfully raised a total of $1.5M 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
(01 Dec 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - SnapClarity | Valuation | Relentless Venture Fund |
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| Dec, 2017 | Amount | Seed - SnapClarity | 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 SnapClarity
SnapClarity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Relentless Venture Fund and Kii Health. 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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Relentless Venture Fund is focused on health technology investments.
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Founded Year | Domain | Location | |
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Kii Health is focused on providing connected care solutions for employee wellness.
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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 SnapClarity
| 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 - SnapClarity
| 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 |
Snapclarity Comparisons
Competitors of SnapClarity
SnapClarity 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 Dialogue, PanGenomic, Cognito, Inkblot and PsyMood, 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 |
Dialogue is recognized as a leading health and wellness provider in Canada.
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| domain | founded_year | HQ Location |
Online teleconsultation for plant-based mental health therapies is facilitated.
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| domain | founded_year | HQ Location |
Online mental health consultations and therapy sessions are facilitated.
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| domain | founded_year | HQ Location |
Teleconsultation with therapists is enabled via an online matching platform.
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| domain | founded_year | HQ Location |
Mental health consultations are facilitated via an online booking platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 SnapClarity
When was SnapClarity founded?
SnapClarity was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is SnapClarity located?
SnapClarity is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of SnapClarity?
Terri Storey is the current CEO of SnapClarity. They have also founded this company.
Is SnapClarity a funded company?
SnapClarity is a funded company, having raised a total of $1.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Dec 01, 2017.
What does SnapClarity do?
SnapClarity was founded in 2016 in Ottawa, Canada, as an online platform in the mental health care sector. Assessments are conducted through a mobile app to evaluate user needs. Personalized treatment plans are developed based on results. Clients are matched with specialized therapists accordingly. Therapy sessions are enabled via text messaging and live video connections.
Who are the top competitors of SnapClarity?
SnapClarity's top competitors include Dialogue, PanGenomic and Inkblot.
What products or services does SnapClarity offer?
SnapClarity offers Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management.
Who are SnapClarity's investors?
SnapClarity has 2 investors. Key investors include Relentless Venture Fund, and Kii Health.