About Torchlight
Torchlight is a company based in Braintree (United States) founded in 2011 was acquired by LifeSpeak in December 2021.. Torchlight has raised $1.5 million across 1 funding round from investors including LifeSpeak. Torchlight offers products and services including Torchlight Parenting, Torchlight Elder, and Concierge Services. Torchlight operates in a competitive market with competitors including PointClickCare, WellSky, ianacare, Vesta Healthcare and Dina, among others.
- Headquarter Braintree, United States
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lifespeak Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Torchlight
Torchlight offers a comprehensive portfolio of products and services, including Torchlight Parenting, Torchlight Elder, and Concierge Services. 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.
Provides digital strategies for caring for children and balancing work.
Offers solutions for elderly care needs and resource access.
Helps employees find resources and review caregiving documents.
Unlock access to complete
Funding Insights of Torchlight
Torchlight has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in April 2017. 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 1
- Last Round Seed — $1.5M
-
First Round
First Round
(12 Apr 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - Torchlight | 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 Torchlight
Torchlight has secured backing from 1 investor. Prominent investors backing the company include LifeSpeak. 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 |
|---|---|---|---|---|
|
Cloud-based platform for employee wellness
|
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 Torchlight
| 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 - Torchlight
| 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 |
Torchlight Comparisons
Competitors of Torchlight
Torchlight 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 PointClickCare, WellSky, ianacare, Vesta Healthcare and Dina, 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 |
Cloud-based EHR software is offered for senior care providers.
|
|
| domain | founded_year | HQ Location |
Health care management platform is provided for providers and patients.
|
|
| domain | founded_year | HQ Location |
Digital care management solutions are provided for caregivers of seniors.
|
|
| domain | founded_year | HQ Location |
Clinical care is provided for individuals with complex medical conditions.
|
|
| domain | founded_year | HQ Location |
AI-based senior care coordination software is provided for healthcare organizations.
|
|
| domain | founded_year | HQ Location |
Technology solutions are provided by Nedap for various industries.
|
| 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 Torchlight
Frequently Asked Questions about Torchlight
When was Torchlight founded?
Torchlight was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Torchlight located?
Torchlight is headquartered in Braintree, United States. It is registered at Braintree, Massachusetts, United States.
Is Torchlight a funded company?
Torchlight is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Apr 12, 2017.
What does Torchlight do?
Torchlight was founded in 2011 in Braintree, United States, within the healthcare technology sector. A digital platform is operated to support employee caregiving, where personalized recommendations, tutorials on caregiving topics, interactive decision-making tools, a virtual file cabinet, journal, and calendar are provided. Assistance is offered for assessing housing options, understanding geriatric care needs, evaluating insurance choices, and planning end-of-life discussions.
Who are the top competitors of Torchlight?
Torchlight's top competitors include PointClickCare, WellSky and August Health.
What products or services does Torchlight offer?
Torchlight offers Torchlight Parenting, Torchlight Elder, and Concierge Services.
Who are Torchlight's investors?
Torchlight has 1 investor. Key investors include LifeSpeak.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.