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Castlight Health

Castlight Health

Our health navigation platform connects with hundreds of health vendors, benefits resources, and plan designs, giving rise to the world’s first comprehensive app for all health needs. Learn more
Launch date
Employees
201-500 people
Market cap
-
Enterprise valuation
CAD505m (Public information from Jan 2022)
San Francisco California (HQ)
http://www.castlighthealth.com
https://twitter.com/castlighthealthhttps://www.facebook.com/castlighthealthhttps://www.linkedin.com/company/castlight-healthhttps://apps.apple.com/app/id503468685https://play.google.com/store/apps/details?id=com.castlight.clh.view

Financials

Estimates*

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Revenues, earnings & profits over time
USD2017201820192020202120222023
Revenues132m156m143m147m140m145m152m
% growth-18 %(8 %)3 %(5 %)4 %5 %
EBITDA(49.0m)(32.0m)(35.0m)(5.0m)3.0m2.0m6.0m
% EBITDA margin(37 %)(21 %)(24 %)(3 %)2 %1 %4 %
Profit(51.0m)(39.0m)(40.0m)(62.0m)(17.0m)(17.0m)(15.0m)
% profit margin(39 %)(25 %)(28 %)(42 %)(12 %)(12 %)(10 %)
EV / revenue3.8x1.9x1.1x1.1x---
EV / EBITDA-10.2x-9.5x-4.4x-33.0x---
R&D budget49.5m59.4m58.3m----
R&D % of revenue38 %38 %41 %----

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$1.0m

Seed

$3.0m

Series A

$17.0m

Series B

$60.0m

Series C

$100m

Series D
N/A

$178m

Valuation: $1.4b

IPO
N/A

$3.1m

Early VC
*

$370m

Valuation: $370m

2.6x EV/LTM Revenues

123.3x EV/LTM EBITDA

Acquisition
Total FundingCAD251m

Related Content

Recent News about Castlight Health

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More about Castlight Healthinfo icon
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Castlight Health operates in the healthcare technology market, focusing on providing a comprehensive health navigation platform. The company serves employers and health plans, aiming to simplify the healthcare journey for employees and plan members. Castlight's platform integrates various health vendors, benefits resources, and plan designs into a single, user-friendly interface. This allows users to make informed decisions about their healthcare, leading to better health outcomes and cost savings for employers. The business model is primarily subscription-based, with revenue generated from employers and health plans that pay for access to the platform. Castlight's offerings include price and quality transparency tools, digital navigation, and human-guided care support, all designed to enhance the overall healthcare experience.

Keywords: healthcare technology, health navigation, employee benefits, cost savings, digital navigation, human-guided care, transparency tools, health plans, personalized care, subscription-based.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Castlight Health

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Jiff
Jiff
ACQUISITION by Castlight Health Jan 2017
Lyra Health
Lyra Health