What is higi?
Founded in 2012 and headquartered in Chicago, Illinois, Higi operates a consumer health engagement platform designed to empower individuals to monitor their biometrics and share this data with healthcare professionals. The company's unique approach includes deploying 'higi stations' in accessible locations such as grocery stores, pharmacies, and club stores, facilitating widespread access to health screening and data sharing. This model positions Higi at the intersection of consumer technology and preventative healthcare, aiming to foster proactive health management.
How much funding has higi raised?
higi has raised a total of $92.3M across 4 funding rounds:
Series A
$40M
Series C
$21.3M
Debt
$1M
Series B
$30M
Series A (2016): $40M, investors not publicly disclosed
Series C (2018): $21.3M led by Flare Capital Partners and 7wireVentures
Debt (2020): $1M supported by PPP
Series B (2020): $30M featuring Babylon Health
Key Investors in higi
Flare Capital Partners
Flare Capital Partners is a leading investor focused on healthcare technology, collaborating with entrepreneurs to enhance healthcare outcomes and reduce costs. The firm supports a diverse portfolio of companies addressing critical challenges within the healthcare industry.
7wireVentures
7wire Ventures is a firm that builds and invests in early-stage digital health companies focused on creating informed and connected health consumers. They aim to revolutionize healthcare through innovative solutions, including artificial intelligence and personalized coaching.
What's next for higi?
With a history of diverse funding rounds, including Series A, B, C, and debt financing, Higi demonstrates a robust financial strategy supporting its expansion. The recent major strategic investment signals strong confidence from backers in Higi's mission and market potential. This capital is likely to be deployed towards enhancing its platform's capabilities, expanding its network of higi stations, and forging new strategic partnerships within the healthcare ecosystem. The company's focus on consumer-driven health data and its integration with professional healthcare services positions it for continued scaling and impact in the digital health sector.
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