Revel Health, LLC

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Revel Health, LLC - overview

Established

2006

Location

Minneapolis, MN, US

Primary Industry

Healthcare IT

About

Based in Minneapolis, US, and founded in 2006 by Jeff Fritz, Revel is a health engagement platform provider that helps users to make better decisions regarding their health. The firm deploys advanced analytics and artificial intelligence technology for its services. In November 2017, Revel Health, LLC raised USD 17 million in growth funding led by new investor TT Capital Partners, and in January 2021, the company merged with Novu, LLC, and created a new entity named Icario, Inc. Revel offers solutions including member engagement programs, patient activation, new member outreach, member reward programs, clinical outreach, health risk assessments, and health action programs.


Additionally, the company provides assistance to Medicaid, Medicare, and point solutions programs.


Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications

Website

www.revel-health.com

Verticals

Cloud Computing, HealthTech

Company Stage

Growth Capital/Expansion

Total Amount Raised

Subscriber access only

Revel Health, 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)
RecapitalisationCompletedIcario, Inc.-

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