About Summa Health
Summa Health was established in 1989 as a nonprofit healthcare system in Akron, Ohio, United States. Operations are conducted across more than 30 locations in the AkronCanton area, where services such as virtual visits, weight loss programs, mental and behavioral health care, and urgent care are offered. Access to personal health information and appointment scheduling is facilitated through the MyChart platform.
- Headquarter Akron, United States
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Summa Health System
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$253.1 K (USD), Grant
Jun 01, 2024
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Investors
HHS
& 3 more
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Employee Count
Employee Count
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Acquired by
General Catalyst
(Jan 24, 2024)
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Funding Insights of Summa Health
- Total Funding Total Funding
- Total Rounds 15
- Last Round Grant — $253,102
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First Round
First Round
(27 Aug 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Grant - Summa Health | Valuation |
investors |
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| Jun, 2023 | Amount | Grant - Summa Health | Valuation |
investors |
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| Jun, 2022 | Amount | Grant - Summa Health | 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 Summa Health
Summa Health has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, Ojp and Health Resources and Services Administration. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Health services and resources are provided by HRSA nationwide.
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Founded Year | Domain | Location | |
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Federal justice system funding, training, and resources are provided.
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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 Summa Health
| 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 - Summa Health
| 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 |
Summa Health Comparisons
Competitors of Summa Health
| 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 Summa Health
When was Summa Health founded?
Summa Health was founded in 1989 and raised its 1st funding round 19 years after it was founded.
Where is Summa Health located?
Summa Health is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
Who is the current CEO of Summa Health?
Cliff Deveny is the current CEO of Summa Health.
What does Summa Health do?
Summa Health was established in 1989 as a nonprofit healthcare system in Akron, Ohio, United States. Operations are conducted across more than 30 locations in the AkronCanton area, where services such as virtual visits, weight loss programs, mental and behavioral health care, and urgent care are offered. Access to personal health information and appointment scheduling is facilitated through the MyChart platform.
Who are Summa Health's investors?
Summa Health has 4 investors. Key investors include HHS, Ojp, Health Resources and Services Administration, and General Catalyst.
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