HealthCentral LLC

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HealthCentral LLC - overview

Established

1994

Location

Virginia Beach, VA, US

Primary Industry

Information Services

About

Remedy Health Media LLC, based in the US, provides a digital health platform that connects patients, caregivers, and healthcare professionals with essential health information and resources, focusing on chronic disease management and wellness. Founded in 1994 in New York, Remedy Health Media LLC specializes in creating digital health solutions that support patients with chronic illnesses. The company has undergone strategic pivots to enhance its offerings and cater to the evolving healthcare landscape. Key figures in the company include founders Austin Simmons, Dale Lang, and Furukawa Yuki, with Richard Puncsak and Steven Zatz currently serving as CEOs.


The company has successfully completed 4 funding rounds, with its most recent funding aiding in the expansion of its platform. Remedy Health Media LLC operates a comprehensive digital health platform that empowers patients, caregivers, and healthcare professionals. Its core offerings consist of emotionally engaging health content, self-help tools, and personal stories from patients experiencing chronic illnesses. The platform primarily focuses on chronic disease management and wellness, serving millions of individuals in the United States and providing healthcare professionals with timely information and expert insights to enhance patient care.


Remedy Health Media LLC generates revenue through partnerships and client collaborations, primarily via B2B transactions. Healthcare providers and organizations subscribe to access specialized content and resources, while the company collaborates with pharmaceutical companies and health organizations for targeted educational materials and advertising solutions. This revenue structure supports a sustainable business model that accommodates both individual users and larger healthcare entities effectively. Remedy Health Media LLC has outlined strategies for future growth, including the development of new health products and services targeted for release within the next year.


The company is looking to expand its reach into additional geographic markets beyond the United States, with specific plans to enter European markets by the end of 2024. Recent funding will support these initiatives, particularly in enhancing the platform and broadening its user base. Veronis Suhler Stevenson has exited its stake in the company, indicating a shift in investment strategy.


Current Investors

Amulet Capital Partners

Primary Industry

Information Services

Sub Industries

Healthcare IT, Information Services

Website

www.healthcentralcorp.com/

Verticals

HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

HealthCentral LLC - 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)
Add-onCompletedMedfluencers LLC-
Secondary BuyoutCompletedHealthCentral LLC-
Add-onCompletedOBR Oncology-
Add-onCompletedVertical Health, LLC-
BuyoutCompletedHealthCentral LLC-

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HealthCentral LLC - employee data

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