Skila

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Skila - overview

Established

1996

Location

Morris Plains, NJ, US

Primary Industry

Healthcare IT

About

Skila is a technology company specializing in innovative solutions that enhance operational efficiencies and user experiences for businesses across various sectors. Founded in 1996, Skila operates out of Morris Plains, US, delivering technology solutions tailored for operational improvements. The company was formed through a merger with Mederi in March 2012, evolving its strategy to focus on advanced technology offerings. Skila engages with a diverse clientele and has successfully completed three deals during its operational history.


Skila offers a range of innovative products designed to address specific market needs. Their core product offerings revolve around advanced technology solutions tailored to improve operational efficiencies and enhance user experiences. These products are primarily aimed at businesses in sectors such as healthcare, finance, and logistics, with functionalities that streamline processes and drive productivity. The company serves a diverse client base, including mid-sized enterprises and large corporations, with end users who benefit from increased accessibility and performance.


The geographical markets for these products extend across North America, Europe, and parts of Asia, where the company has established a strong presence and reputation for delivering high-quality solutions. The company generates revenue through a structured model that includes both subscription services and direct sales of its flagship products. Transactions typically occur via contractual agreements with clients, where businesses opt for annual subscription plans that grant access to the suite of services offered. These plans are designed to cater to various levels of usage and organizational needs, ensuring scalability and flexibility for clients.


Additionally, the company engages in partnerships with distributors and resellers, further expanding its reach into different market segments. The pricing structure is strategically aligned with the value delivered through its trademarked services, facilitating a consistent revenue stream from both direct-to-consumer engagements and B2B collaborations. Skila plans to launch new products to enhance their existing offerings, with specific timelines yet to be released. The company is actively targeting expansion into new markets in Asia and Europe, with a strategic goal to establish a presence by the end of 2023.


The recent merger with Mederi has positioned Skila to leverage combined resources for future growth initiatives. The funding raised from the 2012 merger is expected to support these developments and drive the company's expansion strategy.


Current Investors

SkilaMederi, MMV Capital Partners

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.skila.com

Verticals

HealthTech

Company Stage

Merged

Total Amount Raised

Subscriber access only

Skila - 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)
MergerCompletedSkila-
BuyoutCompletedSkila-

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