Halo Communications Inc.

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Halo Communications Inc. - overview

Established

2010

Location

Cincinnati, OH-Ohio, US

Primary Industry

Healthcare IT

About

Founded in 2010 and based in Cincinnati, Ohio, Halo Communications Inc. specializes in developing innovative communication solutions that enhance operational efficiency for businesses and individual users alike. Halo Communications Inc. is dedicated to providing advanced communication solutions tailored to meet market demands.


The company was founded in 2010 in Cincinnati, Ohio. The firm has undergone no known pivots in its business strategy. The CEO of the company is Jose Barreau, who has a history of entrepreneurship. The company raised USD 11 mn in Series A funding on April 25, 2017, led by Bain Capital, with participation from Refinery Ventures, marking a significant financial milestone as it represents the total amount raised to date.


Halo Communications Inc. offers core products aimed at resolving specific challenges in communication for various sectors. Their flagship solutions are designed to integrate seamlessly into existing workflows, enhancing productivity for a broad client base that includes both large enterprises and small to medium-sized enterprises (SMEs). The company strategically targets markets across North America, Europe, and Asia, providing users with practical applications that yield measurable improvements in operational efficiencies.


The revenue model for Halo Communications Inc. is based on B2B and direct-to-consumer transactions, utilizing a subscription-based approach. Clients engage through tiered subscription plans that offer different levels of access to core services and features, fostering long-term partnerships. Their pricing structure accommodates both one-time purchases and recurring subscription fees, contributing to a stable revenue stream and encouraging customer retention through the adoption of their products.


In 2017, Halo Communications Inc. secured USD 11 mn in Series A funding, which will be employed to expand product offerings and improve market penetration. The company plans to develop new products aimed at enhancing communication solutions, with anticipated launches scheduled for the next 12 months. Furthermore, Halo Communications is targeting expansion into new geographic regions, specifically focusing on growth within Asian markets by 2025.


Current Investors

Bain Capital, Refinery Ventures

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Social Networking & Communication Platform, Connectivity Software

Website

www.halocommunications.com

Verticals

Cloud Computing, HealthTech, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Halo Communications 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)
Series ACompletedHalo Communications Inc.-

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