Castlight Health
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 132m | 156m | 143m | 147m | 140m | 145m | 152m |
% growth | - | 18 % | (8 %) | 3 % | (5 %) | 4 % | 5 % |
EBITDA | (49.0m) | (32.0m) | (35.0m) | (5.0m) | 3.0m | 2.0m | 6.0m |
% EBITDA margin | (37 %) | (21 %) | (24 %) | (3 %) | 2 % | 1 % | 4 % |
Profit | (51.0m) | (39.0m) | (40.0m) | (62.0m) | (17.0m) | (17.0m) | (15.0m) |
% profit margin | (39 %) | (25 %) | (28 %) | (42 %) | (12 %) | (12 %) | (10 %) |
EV / revenue | 3.8x | 1.9x | 1.1x | 1.1x | - | - | - |
EV / EBITDA | -10.2x | -9.5x | -4.4x | -33.0x | - | - | - |
R&D budget | 49.5m | 59.4m | 58.3m | - | - | - | - |
R&D % of revenue | 38 % | 38 % | 41 % | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.0m | Seed | ||
$3.0m | Series A | ||
$17.0m | Series B | ||
$60.0m | Series C | ||
$100m | Series D | ||
N/A | $178m Valuation: $1.4b | IPO | |
N/A | $3.1m | Early VC | |
* | $370m Valuation: $370m 2.6x EV/LTM Revenues 123.3x EV/LTM EBITDA | Acquisition | |
Total Funding | CAD251m |
Recent News about Castlight Health
EditCastlight Health operates in the healthcare technology market, focusing on providing a comprehensive health navigation platform. The company serves employers and health plans, aiming to simplify the healthcare journey for employees and plan members. Castlight's platform integrates various health vendors, benefits resources, and plan designs into a single, user-friendly interface. This allows users to make informed decisions about their healthcare, leading to better health outcomes and cost savings for employers. The business model is primarily subscription-based, with revenue generated from employers and health plans that pay for access to the platform. Castlight's offerings include price and quality transparency tools, digital navigation, and human-guided care support, all designed to enhance the overall healthcare experience.
Keywords: healthcare technology, health navigation, employee benefits, cost savings, digital navigation, human-guided care, transparency tools, health plans, personalized care, subscription-based.