Sibly, Inc.

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Sibly, Inc. - overview

Established

2016

Location

San Mateo, CA, US

Primary Industry

Healthcare IT

About

Sibly, Inc. , based in the US, specializes in delivering healthcare solutions focused on personalized coaching and mental health improvement for individuals and corporate clients. Sibly, Inc. is a healthcare company that provides personalized coaching to enhance mental well-being.


Founded in 2016 in San Mateo, California, by Moe AlKadi and Omar AlEisa, the company has executed five deals. The most recent merger with HandsFree Health in July 2024 resulted in the formation of Quarvis Health, Inc. , though financial terms were not disclosed. Moe AlKadi also serves as the CEO of the company.


Sibly offers a comprehensive platform focused on personalized coaching and resource referrals aimed at improving mental health and overall well-being for both individual members and corporate clients. Central to Sibly's service is its on-demand coaching, which integrates human empathy with AI technology, employing techniques such as Motivational Interviewing, Cognitive Behavioral Therapy (CBT), and mindfulness practices. This platform assists users in navigating their mental health challenges by connecting them with tailored resources based on their specific needs. Sibly serves employees across various industries, providing essential support that enhances workforce productivity and engagement, particularly in North America.


Sibly's revenue is generated primarily through B2B partnerships with employers who subscribe to its coaching platform for their employees. Clients typically engage Sibly by purchasing access to the platform, which includes features such as 24/7 coaching support and data analytics for HR leaders. The transaction structure often involves annual or multi-year subscription plans that grant organizations unlimited access to Sibly's resources and services, allowing companies to effectively allocate mental health resources while driving employee engagement. In July 2024, Sibly, Inc.


merged with HandsFree Health to form Quarvis Health, Inc. , a strategic move aimed at supporting further growth. The company plans to leverage this merger to enhance its market presence and explore new product offerings. Sibly aims to expand into additional geographic markets, although specific regions have not been disclosed.


The recent merger is expected to provide the necessary foundation for these growth initiatives as Quarvis Health, Inc. seeks to strengthen its position in the healthcare sector.


Current Investors

Quarvis Health, Inc., BootstrapLabs

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.sibly.com/

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Sibly, Inc. - 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-onCompletedHandsFree Health, Sibly, Inc.-

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