Catapult Health
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Catapult Health - overview
Established
2010
Location
Dallas, TX, US
Primary Industry
Healthcare
About
Catapult Health is a healthcare technology firm specializing in VirtualCheckup®, a solution that provides remote health assessments through at-home testing and video consultations with licensed healthcare providers, aiming to improve preventive healthcare access. Founded in 2010 by Deborah Michel, Catapult Health is headquartered in Dallas, US. The company specializes in remote health assessments, offering its services to over 3,500 employers. It has successfully raised a total of USD 10.
00 mn through multiple funding rounds, with its most recent deal being an ADD-ON Trade Sale on February 5, 2025, where Teladoc Health Inc. acquired Catapult Health for USD 65. 00 mn. The company has completed 8 deals to date.
Catapult Health specializes in providing VirtualCheckup®, a comprehensive healthcare solution that combines at-home testing with real-time video consultations featuring licensed healthcare providers. This innovative service addresses a critical gap in preventive healthcare by facilitating timely health assessments, allowing employees to undergo necessary checkups without the need to visit a clinic physically. The company targets a wide array of clients, including over 3,500 employers across various sectors, focusing on enhancing employee health while reducing healthcare costs. VirtualCheckup® is utilized primarily in the United States, where accessibility and convenience in healthcare are essential to improving overall employee wellbeing and addressing unrecognized health issues.
Catapult Health generates revenue through its VirtualCheckup® offering, which is structured around direct partnerships with employers who seek to enhance their employee health programs. The healthcare solution operates on a business-to-business model, whereby employers pay for access to the service for their employees, promoting preventive care and early disease detection. The pricing structure encourages higher utilization rates among employees, leading to significant claims savings over time. The service has demonstrated measurable financial benefits, with documented claims savings of USD 332 in the first year, USD 487 in the second year, and USD 1,456 in the third year after implementation.
Following the acquisition by Teladoc Health Inc. in February 2025, Catapult Health plans to leverage its resources to enhance early detection of health conditions and improve care management outcomes. The acquisition enables the company to expand its reach and develop new products designed for the digital healthcare landscape. Catapult Health is targeting further geographic expansions within the United States, aiming to increase its service availability by the end of 2025, using the recent funding to support these initiatives.
Primary Industry
Healthcare
Sub Industries
Clinics/Outpatient Services, Conferencing Software
Website
www.catapulthealth.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.