ieso Digital Health Inc.

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ieso Digital Health Inc. - overview

Established

2000

Location

Boston, MA, US

Primary Industry

Healthcare IT

About

Ieso Digital Health Ltd. provides innovative digital mental health solutions that enhance therapeutic interventions through technology, significantly improving patient access to personalized mental healthcare services. Founded in 2000, Ieso Digital Health Ltd. is based in Cambridge, UK, and specializes in digital mental health solutions.


The company raised GBP 39. 30 mn in Series B funding on October 19, 2021, led by Morningside Venture Partners, with participation from Sony Ventures, among others. The founding CEO, Barnaby Perks, has a background in leading digital health initiatives. Ieso Group specializes in delivering digital mental health solutions that integrate evidence-based therapeutic interventions with advanced technology.


Their core offerings include one-to-one digital therapy programs that leverage AI and machine learning to personalize treatments based on deidentified patient data, enhancing accessibility and effectiveness in mental healthcare. Target clientele includes health systems, providers, and payers, primarily within the UK and expanding to other markets, such as the US. With a focus on scalable digital products, Ieso has developed a unique outcomes-indexed mental health dataset, positioning itself as a leader in data-driven mental health innovation. In 2024, Ieso Group reported a revenue of GBP 9,703 and EBITDA of GBP 13,627.


Ieso generates revenue primarily through partnerships and collaborations with health systems and payers, offering subscription-based access to their digital therapy services, including their flagship service, Ieso Therapy Service. Following the GBP 39. 30 mn Series B funding round in October 2021, Ieso plans to extend its commercial teams into the US and target co-development and distribution partnerships that facilitate scalable market access. This funding will support their strategy to develop new products and enhance their presence in international markets.


Current Investors

Ananda Impact Ventures, Molten Ventures, Touchstone Innovations

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Mental Health Services, Internet, Analytics & Performance Software, Medical Software

Website

www.ieso.ai

Verticals

HealthTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

ieso Digital Health Inc. - timeline of key events

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ieso Digital Health Inc. - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)2,659,2994,510,8794,904,8307,459,7189,514,0009,674,000---
% Revenue Growth (YoY)-69.6%8.7%52.1%27.5%1.7%---
EBITDA (USD)(3,812,119)(6,199,124)(9,907,970)(9,665,365)(5,648,000)(8,886,000)---
Operating Income (USD)(3,838,352)(6,242,355)(10,129,538)(9,923,185)(6,020,000)(9,331,000)---
Operating Margin(144.3%)(138.4%)(206.5%)(133.0%)(63.3%)(96.5%)---
% EBITDA Margin(143.4%)(137.4%)(202.0%)(129.6%)(59.4%)(91.9%)---
NET Income (USD)(3,635,077)(5,908,762)(9,445,961)(9,446,729)(5,616,000)(9,435,000)---
% Net Margin(136.7%)(131.0%)(192.6%)(126.6%)(59.0%)(97.5%)---

ieso Digital Health Inc. - employee data

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