CloudMD
Personalized care programs for employees.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | $12.5m Valuation: $12.5m 0.2x EV/Revenue 4.5x EV/EBITDA | Buyout | |
| Total Funding | 000k | ||
| CAD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (99 %) | 463 % | 122 % | 581 % | 12 % | (21 %) | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (189 %) | (57 %) | (58 %) | (6 %) | (10 %) | (4 %) | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (223 %) | (70 %) | (82 %) | (30 %) | (138 %) | (91 %) | (9 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 2 % | 12 % | 3 % | 3 % | 2 % | - |
Source: Company filings or news article, Equity research estimates
Related Content
CloudMD Software & Services Inc. operates within the digital health sector, offering a comprehensive, connected platform for healthcare delivery. Established in 2018, the company was co-founded by Dr. Essam Hamza, who brought his experience as a physician to address inefficiencies in the healthcare system. Dr. Hamza's journey began with the goal of creating a more integrated and accessible healthcare experience, which directly shaped the company's mission. CloudMD has since grown through a series of strategic acquisitions, expanding its service offerings and geographic reach across North America.
The company's business model is centered on providing a single point of access to a wide range of healthcare services for individuals, corporations, and insurers. Its revenue is generated through a combination of subscription-based models for its corporate clients (per-employee-per-month fees) and fee-for-service payments for its clinical services. CloudMD targets the enterprise health market, serving organizations by offering a holistic health and wellness solution for their employees.
At the core of its offering is a platform that integrates primary care, mental health support, and specialty care. The service provides members with access to a multidisciplinary team of healthcare professionals, including doctors, therapists, and specialists, through a digital-first approach. Key features include telemedicine consultations, mental health programs (such as employee assistance programs and internet-based cognitive behavioral therapy), and educational resources. The platform's main benefit is its ability to provide continuity of care, guiding an individual through their entire healthcare journey, from initial assessment to treatment and follow-up, which differentiates it from point solutions that only address a single aspect of health.
Keywords: digital health, telemedicine, enterprise health, mental health support, employee wellness, healthcare platform, integrated care, virtual care, corporate wellness, health technology
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Investments by CloudMD
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