Kilter LLC

Kilter LLC, based in the US, specializes in wellness solutions through its innovative platform designed to enhance employee engagement and health in workplace settings. Founded in 2019 and headquartered in Madison, US, Kilter LLC operates as a wellness engagement platform. The firm has undergone no notable pivots. The founder's information is not available.

The company has successfully completed 2 deals, with its most recent investment round on April 3, 2020, where KKR invested USD 500 mn in the GROWTH round, bringing the total amount raised to USD 500 mn. Kilter offers a unique platform that focuses on wellness and productivity through innovative tools designed to enhance employee engagement and well-being in the workplace. Their core product, Kilter App, functions as a wellness engagement platform that allows users to participate in health-related challenges, track their fitness activities, and share achievements with colleagues. The application targets organizations seeking to improve employee morale, reduce burnout, and promote a healthier lifestyle among their workforce.

Kilter's services cater to various industries including corporate, education, and healthcare, serving clients that range from small businesses to large enterprises across North America and Europe. The end users of the Kilter App are primarily employees of these organizations, who benefit from a supportive community and gamified experience that encourages healthier habits. Kilter generates revenue primarily through subscription-based models that provide organizations access to their wellness platform. Clients engage in annual or monthly subscription agreements, allowing them to offer Kilter's services to their employees as part of their benefits package.

The transaction structure is predominantly B2B, with companies paying a flat fee that scales based on the number of users or level of service required. Specific pricing plans are tailored to the needs of the organization, with options that may include features like personalized wellness challenges or in-depth analytics on employee engagement. By offering a comprehensive approach to workplace wellness, Kilter reinforces its value proposition to clients seeking to enhance employee satisfaction and productivity through its flagship product. Following the recent GROWTH round investment on April 3, 2020, Kilter Finance intends to utilize the proceeds for investment opportunities, primarily in the life, annuity, and health insurance sectors.

The company plans to design and launch new products aimed at further enhancing employee wellness features. Additionally, there are strategic plans for expansion into new markets, particularly in Europe and Asia by 2024, to reach a broader client base.