Verily Health, Inc.

Dallas, Texas

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

Verily Health, Inc. (formerly Verily Life Sciences LLC & Google Life Sciences) is a health care technology company founded in 2015 by Andrew Conrad, Brian Otis, and Jessica Mega. The company is headquartered in Dallas, Texas, having relocated from South San Francisco in 2024. Originally established as Google Life Sciences within the Google X division, it transitioned into an independent subsidiary of Alphabet Inc. in 2015. In March 2026, the company underwent a significant corporate restructuring, changing its legal name to Verily Health, Inc. and transitioning from an LLC to a corporation following a $300 million investment round. This shift resulted in Alphabet becoming a significant minority investor and relinquishing its controlling stake, effectively establishing the company as an independent entity, with a shift from heavy R&D toward commercializing the "Verily Pre" platform and "Lightpath" for chronic disease. Business/Product Breakdown Verily Health, Inc. operates an AI-native precision health platform designed to bridge the gap between clinical research and patient care. The company's primary technology infrastructure, the "Pre" platform, serves as an end-to-end ecosystem that harmonizes fragmented health data to provide actionable insights for biopharmaceutical companies, health systems, and researchers. Its clinical evidence generation solutions facilitate decentralized and hybrid clinical trials, utilizing tools like the Project Baseline platform to engage diverse populations and streamline data collection. In the area of care delivery, the company provides virtual care solutions and personalized management programs for chronic conditions, such as diabetes and hypertension, through its Onduo brand. The company's portfolio also includes health-tracking hardware and diagnostic tools, supported by recent commercial partnerships with Samsung for biomarker development and Salesforce for data integration. By leveraging data science and artificial intelligence, the company aims to transition healthcare from a reactive model to a proactive, personalized, and precise system.

Keywords

Keywords

Classified

Private