About Twine Health
Twine Health is a company based in Cambridge (United States) founded in 2013 was acquired by Fitbit in February 2018.. Twine Health has raised $9 million across 3 funding rounds from investors including Fitbit, Khosla Ventures and Qiming. The company has 1,182 employees as of December 31, 2020. Twine Health offers products and services including Fitbit Devices, Fitbit Enterprise, and Published Research. Twine Health operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Magellan Health and Sharecare, among others.
- Headquarter Cambridge, United States
- Employees 1182 as on 31 Dec, 2020
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Sectors
TechnologyHealthcare
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Phone
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Website
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Social
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Products & Services of Twine Health
Twine Health offers a comprehensive portfolio of products and services, including Fitbit Devices, Fitbit Enterprise, and Published Research. 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.
Track user activity, sleep, and health metrics for daily monitoring.
Offers tools for organizations to engage members in health behaviors.
Provides studies on health impacts from Fitbit devices and programs.
Funding Insights of Twine Health
Twine Health has successfully raised a total of $9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in November 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 3
- Last Round Series A — $1.5M
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First Round
First Round
(07 Dec 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Series A - Twine Health | Valuation | Qiming |
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| Apr, 2017 | Amount | Series A - Twine Health | Valuation |
investors |
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| Dec, 2015 | Amount | Series A - Twine Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Twine Health
Twine Health has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Fitbit, Khosla Ventures and Qiming. 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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Healthcare companies are funded by Qiming, a venture capital firm.
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Early-stage startups are funded by this venture capital firm.
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Limited information is provided about Provenance Ventures' activities.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Twine 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 - Twine Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Twine Health Comparisons
Competitors of Twine Health
Twine 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 |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
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Employee health benefits are facilitated via a cloud-based platform.
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Behavioral healthcare management and pharmacy services are provided for employees.
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Health and wellness social network for employees is provided.
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Employee health and well-being solutions are delivered through a 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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On-demand services are booked through an app-based platform.
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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 Twine Health
When was Twine Health founded?
Twine Health was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Twine Health located?
Twine Health is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Twine Health a funded company?
Twine Health is a funded company, having raised a total of $9M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.75M, raised on Dec 07, 2015.
How many employees does Twine Health have?
As of Dec 31, 2020, the latest employee count at Twine Health is 1,182.
What does Twine Health do?
Twine Health was founded in 2013 as an MIT Media Lab spin-off in Cambridge, United States. A software platform for self-care management of chronic diseases is operated, enabling collaboration with clinicians. Personalized care plans are co-created by users with healthcare providers, family, friends, and coaches. Healthcare organizations are targeted as paying customers in the health technology sector.
Who are the top competitors of Twine Health?
Twine Health's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Twine Health offer?
Twine Health offers Fitbit Devices, Fitbit Enterprise, and Published Research.
Who are Twine Health's investors?
Twine Health has 4 investors. Key investors include Fitbit, Khosla Ventures, Qiming, and Provenance Ventures.