Rula Health

Los Angeles, California

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Rula Health is a telehealth company that develops a therapy platform specializing in behavioral health services, connecting patients with licensed therapists and psychiatric providers through a digital platform. Founded in 2019, the company is headquartered in Los Angeles, California, and was co-founded by Joshua Bruno and Gabriel Diop. Initially launched as Path Mental Health, it rebranded to Rula Health in February 2024 to reflect its expanded focus on comprehensive mental healthcare. Rula Health aims to improve access to high-quality, affordable mental health services by leveraging a nationwide network of providers and accepting most major insurance plans, serving patients, providers, and payers to enhance mental health outcomes. Business/Product Breakdown Rula Health operates a teletherapy platform that facilitates virtual mental health services, including individual therapy for ages 5 and up, couples therapy, family therapy, and psychiatric services such as medication management. The platform allows patients to input preferences?suchlike specialty, gender, or cultural background?and matches them with in-network, licensed providers who are accepting new patients, often scheduling appointments within 48 hours. Rula supports over 120 million covered lives through partnerships with major insurance networks, including Aetna, Anthem, Cigna, Kaiser, United Healthcare, and Blue Cross Blue Shield plans. For providers, Rula offers administrative support, handling marketing, credentialing, billing, and scheduling, enabling therapists to focus on clinical care while operating as independent contractors. The company's services are available in all 50 states and Washington, D.C. for therapy, and in 31 states for psychiatry as of 2024. Rula emphasizes evidence-based, outcome-driven care, using measurement-informed practices to improve clinical outcomes, and has facilitated millions of therapy hours since its inception.

Keywords

Keywords

Classified

Private