Startup Trends: Startups turn to strategic acquisitions in 2024
In 2024, several startups made strategic mergers and or acquisitions to grow or expand their competencies, while more established companies acquired some private companies.
carebridgehealth.comHealthcare / Digital HealthFounded: 2018Funding to Date: $190.85MM
A digital health platform that offers electronic visit verification and data aggregation, 24/7 member & caregiver support, and benefit management.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/08/2022 | Series C | $140MM | $xx.xx | $1.15B | Anthem, Cvs Ventures, Hlm Venture Partners, Oak Hc/Ft, Optum Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,902,066
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Anthem, Cvs Ventures, Hlm Venture Partners, Oak Hc/Ft, Optum Ventures
|
||||||
01/13/2020 | Series B | $45.27MM | $xx.xx | $116.42MM | Gv, Oak Hc/Ft | |
Price per Share
$xx.xx
Shares Outstanding
8,310,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Oak Hc/Ft
|
||||||
12/28/2018 | Series A | $5.58MM | $xx.xx | $12.4MM | Optum Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,580,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Optum Ventures
|
In 2024, several startups made strategic mergers and or acquisitions to grow or expand their competencies, while more established companies acquired some private companies.