Everyday Health, Inc.

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Everyday Health, Inc. - overview

Established

2002

Location

New York, NY, US

Primary Industry

Healthcare IT

About

Everyday Health, Inc. is a digital health company that provides a diverse array of health resources, empowering users to manage their well-being through reliable information, expert advice, and interactive tools. Founded in 2002, Everyday Health, Inc. operates from New York, US, offering digital health solutions.


On March 28, 2014, the company completed its IPO, raising USD 100 mn by selling 7. 2 million shares at USD 14 each. The firm has completed 11 deals since inception, with no recorded pivots or parent companies. Everyday Health offers a comprehensive suite of digital health resources designed to empower consumers in managing their health and wellness.


The company's core product offerings include reliable health information, expert advice, and interactive tools that target various health conditions and wellness topics. Their platform provides content on a wide array of subjects, such as allergies, diabetes, mental health, nutrition, and fitness, aimed at helping users navigate personal health challenges and enhancing their overall well-being. Everyday Health's target audience includes individuals seeking health information, caregivers, and healthcare professionals, primarily within North America but extending to audiences in international markets. As a digital resource, the company continually updates its content to reflect the latest medical guidelines and research, ensuring that users have access to timely and accurate information.


In 2015, Everyday Health reported revenues of USD 231. 99 mn and an EBITDA of USD 15. 85 mn. Their revenue model primarily hinges on advertising, partnerships, and potential subscription services that cater to both consumers and healthcare providers.


The company generates income by leveraging its large user base to attract advertisers focused on health and wellness products, as well as through collaborations with pharmaceutical and healthcare organizations that seek to reach their audience through the platform. In addition to these advertising revenues, Everyday Health may also explore direct-to-consumer offerings that could involve premium content or specialized health services, enriching the user experience and establishing recurring revenue streams. Everyday Health plans to leverage its recent IPO funding to enhance its platform and expand its product offerings. The company aims to introduce new digital health products that cater to emerging health concerns by the end of 2023.


Furthermore, it is exploring opportunities to enter international markets, particularly in Europe and Asia, by 2025. The firm intends to utilize the USD 100 mn raised in its last funding round to support these growth initiatives, including marketing efforts and technology enhancements.


Current Investors

BEV Capital, RHO, NeoCarta Ventures

Primary Industry

Healthcare IT

Sub Industries

Healthcare, Healthcare IT, Social Networking & Communication Platform, Information Services, Digital Media

Website

www.everydayhealth.com

Verticals

AdTech, Cloud Computing, HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

Everyday Health, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPrime Education, LLC-

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