Health Bridge Limited

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Health Bridge Limited - overview

Established

2011

Location

London, England, UK

Primary Industry

Internet

About

Health Bridge Limited, known as ZAVA, offers online healthcare services including telemedicine consultations, connecting patients with licensed professionals for discreet medical advice and treatment. Founded in 2011, Health Bridge Limited operates under the brand ZAVA, specializing in telemedicine solutions. The company is headquartered in London, UK. David Hiring and María Vallejos are the founders, with David Meinertz serving as the CEO.


The company has raised a total of USD 32. 00 mn in funding, with the most recent Series A round occurring on June 12, 2019, led by HPE Growth Capital. ZAVA specializes in providing discreet and convenient online healthcare services, focusing primarily on telemedicine solutions that connect patients with licensed medical professionals. Their core product offerings include online consultations, prescription services, and a streamlined platform for managing various health conditions.


ZAVA’s services address a range of healthcare needs, from sexual health to dermatology, enabling users to receive medical advice and treatment from the comfort of their homes. The company primarily targets individual consumers who seek private and accessible healthcare options without the need for in-person visits. ZAVA operates in several geographical markets, including the United Kingdom, Germany, and France, catering to a diverse client base that values confidentiality and convenience in healthcare delivery. ZAVA generated revenue of USD 25,333,678.


20 in 2023, with an EBITDA of USD 256,953. 50 for the same year. The company generates revenue through direct-to-consumer transactions, where users pay for online consultations and associated prescription services. The transaction structure typically involves a fixed fee for each consultation, with potential additional costs for any prescribed medications.


The company focuses on providing a seamless user experience, allowing clients to navigate the platform easily and access medical advice tailored to their needs. Pricing plans are designed to be straightforward, enabling users to understand the costs upfront without any unexpected charges. ZAVA's approach to revenue generation underscores its commitment to making healthcare accessible while maintaining a focus on privacy and convenience for its clients. Health Bridge Limited aims to expand its product offerings and geographic reach.


While specific new product launches are not detailed, the company plans to enhance its telemedicine services to better serve customers. The funding received from the Series A round in June 2019, amounting to USD 32. 00 mn, will support these initiatives, focusing on expanding into new markets and enhancing its technology platform. Specific target markets for expansion have not been disclosed, but the company is looking to strengthen its presence in existing regions, ensuring continued access to its services for consumers.


Current Investors

HPE Growth

Primary Industry

Internet

Sub Industries

Healthcare IT, Medical Software

Website

www.zavamed.com

Verticals

E-commerce, HealthTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Health Bridge Limited - timeline of key events

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Health Bridge Limited - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)17,368,67221,565,50020,792,19617,910,47124,907,676---
% Revenue Growth (YoY)-24.2%(3.6%)(13.9%)39.1%---
EBITDA (USD)823,238(380,229)(7,440,471)(7,624,325)(8,259,345)---
Operating Income (USD)712,938(517,998)(7,726,115)(7,941,938)(8,570,245)---
Operating Margin4.1%(2.4%)(37.2%)(44.3%)(34.4%)---
% EBITDA Margin4.7%(1.8%)(35.8%)(42.6%)(33.2%)---
NET Income (USD)694,386(532,215)(7,405,965)(7,858,827)(8,662,052)---
% Net Margin4.0%(2.5%)(35.6%)(43.9%)(34.8%)---

Health Bridge Limited - employee data

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