Zing Health, Inc.
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Zing Health, Inc. - overview
Established
2019
Location
Chicago, IL, US
Primary Industry
Healthcare
About
Zing Health, Inc. is a Chicago-based company specializing in innovative health and wellness solutions, offering digital health tools designed to improve individual well-being and enhance healthcare provider services. Founded in 2019, Zing Health, Inc. focuses on delivering personalized health solutions.
The firm has not undergone any major pivots or changes in business strategy. It operates out of Chicago, US. The founders include Eric Whitaker, Garfield Collins, Kenneth A. , and Philip W.
, while Andrew Clifton serves as the CEO. The company has successfully completed three funding rounds, with its most recent deal occurring on September 25, 2024, where they raised USD 140 mn led by new investors including Health 2047 Capital Partners, CRG, and First Trust Capital Partners, among others. MyZing Health specializes in delivering innovative health and wellness solutions designed to enhance individual well-being. Their core offerings include a comprehensive suite of digital health tools and services that cater to both consumers and healthcare providers.
These products address various health challenges, such as chronic disease management, preventive care, and lifestyle optimization. MyZing Health's platform facilitates personalized health experiences, leveraging technology to enable users to track health metrics, receive tailored wellness recommendations, and engage with healthcare professionals. The company serves a diverse client base, including individual consumers, healthcare organizations, and corporate clients, with distribution in key markets across North America and parts of Europe. MyZing Health generates revenue through a multifaceted business model that includes subscription-based services and partnerships with healthcare providers and corporate clients.
Individual users access digital health tools through monthly or annual subscriptions, while enterprise solutions are offered to organizations looking to implement wellness programs. Partnerships with healthcare institutions facilitate integration into existing patient care frameworks, allowing seamless access to flagship products and potentially involving shared revenue agreements based on user engagement metrics or service utilization. The company's transactional framework reflects a robust and scalable revenue model aligned with the needs of its diverse clientele. In September 2024, Zing Health, Inc.
raised USD 140 mn of venture funding to advance its products and services. The company plans to focus on upcoming new product launches and expand into new markets. Specific details on the new products and the timeline for their release have not been disclosed, but the targeted geographic regions for expansion are expected to enhance their reach further. The recent funding will support these initiatives, ensuring that the company can effectively enhance its offerings and market presence.
Current Investors
Newlight Management, Leavitt Equity Partners, Health2047 Capital Partners
Primary Industry
Healthcare
Sub Industries
Health Insurance, Clinics/Outpatient Services
Website
www.myzinghealth.com
Company Stage
Growth Stage/Expansion
Total Amount Raised
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