Find Solace, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
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
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
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
Find Solace, Inc., doing business as Solace, is a healthcare technology company founded in 2022 by Jeremy Gurewitz and Sara Sargent, with its headquarters located in Redwood City, California. The company operates a digital platform designed to connect patients and their families with professional health advocates. Originally launched to simplify the process of navigating the healthcare system, Solace provides a marketplace where users can search for, vet, and hire experts to manage complex medical journeys. These advocates assist with tasks such as clarifying diagnoses, managing insurance claims, coordinating between multiple doctors, and overseeing bedside care during hospitalizations. Business/Product Breakdown Find Solace, Inc. provides a technology-enabled marketplace that facilitates the discovery and management of personalized healthcare advocacy services. The platform features a searchable directory of board-certified and experienced advocates specializing in various fields, including oncology, elder care, chronic illness, and medical billing. Users can access tools to filter advocates by expertise, location, and cost, and utilize the platform for secure communication, document sharing, and payment processing. The service model is designed to support individuals who require assistance in negotiating medical bills, securing second opinions, or ensuring adherence to treatment plans. By centralizing the recruitment and coordination of health advocates, Solace aims to reduce the administrative and emotional burden on patients and caregivers navigating fragmented healthcare environments.
Keywords
Keywords
Classified
Private
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