Vybe Urgent Care

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Vybe Urgent Care - overview

Established

2013

Location

Philadelphia, PA, US

Primary Industry

Healthcare

About

Vybe Urgent Care provides a comprehensive array of urgent medical services, prioritizing efficient care for a variety of health concerns, including injuries and illnesses, in a patient-friendly environment. Vybe Urgent Care specializes in delivering urgent care medical services. Founded in 2013 in Philadelphia, US, the company has remained focused on improving healthcare accessibility. CEO Peter Hotz leads the firm, which experienced a significant investment round in May 2018, when NewSpring Capital and Philadelphia College of Osteopathic Medicine provided undisclosed funding to support its growth.


Vybe Urgent Care specializes in providing a range of urgent care medical services designed to address various health issues efficiently and effectively. Their core offerings include treatment for illnesses and injuries, physical examinations for school, sports, and camp activities, and confidential testing for sexually transmitted diseases (STDs) and urinary tract infections (UTIs). The services aim to provide immediate care for common medical concerns, such as allergies, ear infections, and injuries, while also facilitating preventive care through vaccinations and lab tests. Vybe operates multiple locations across Greater Philadelphia, including counties such as Bucks, Delaware, Montgomery, and Philadelphia, ensuring accessibility for a diverse clientele, including children and adults seeking urgent medical attention.


This approach allows Vybe to cater to a wide range of customers who prefer walk-in appointments or scheduled visits, enhancing the convenience of healthcare access. Vybe Urgent Care generates revenue primarily through direct transactions with patients for its urgent care services. Clients are charged for services rendered, which may include fees for consultations, diagnostic tests, and treatments. The business operates on a pay-per-service model, where customers can either walk in for immediate care or schedule appointments in advance, promoting flexibility in the service delivery.


The company's offerings, such as physical exams and STD testing, are priced individually, allowing transparency in costs for patients. Vybe’s transactional structure focuses on direct-to-consumer interactions, ensuring that patients have a straightforward experience when seeking urgent care solutions. The revenue from these services is bolstered by the convenience and accessibility of their multiple locations throughout the region. Looking ahead, Vybe Urgent Care aims to enhance its service offerings and expand its geographic footprint.


The company plans to explore new product launches designed to better address urgent care needs, with specific initiatives set to roll out in the coming years. Additionally, Vybe is targeting expansion into new markets to reach more patients, ensuring comprehensive healthcare access. The funding secured in May 2018 will be instrumental in supporting these growth initiatives, allowing the company to enhance its operational capabilities and service delivery.


Current Investors

NewSpring, Philadelphia College of Osteopathic Medicine

Primary Industry

Healthcare

Sub Industries

Fitness & Wellness Facilities, Epidemiology

Website

www.vybe.care

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Vybe Urgent Care - 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)
GrowthCompletedVybe Urgent Care-

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