Find Solace, Inc.

Redwood City, 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

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

News

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