
ManagingLife
Lowering the human and financial cost of chronic pain with our clinically-validated digital solution, Manage My Pain.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
investor investor investor investor | €0.0 | round | |
N/A | - | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 157 % | 33 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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ManagingLife is a Toronto-based digital health company, founded in 2012 by Tahir Janmohamed, aimed at addressing the challenges of chronic pain management. The founder's personal experience with his mother's fibromyalgia highlighted the difficulty of communicating invisible pain, which sparked the mission to bring data into the conversation between patients and their care providers. Leveraging his background as a strategy and analytics consultant at IBM, where he served major clients in financial services and other industries, Janmohamed applied his expertise in data to develop a solution. He holds a degree in Computer Engineering and an MBA from the University of Toronto.
The company's core offering is "Manage My Pain," a clinically-validated digital platform designed to help individuals and their healthcare teams measure, monitor, and manage chronic pain. The application allows users to log pain episodes, track symptoms, identify triggers, monitor medication effectiveness, and record meaningful daily activities in under a minute. This data is then translated into detailed reports and visualizations, facilitating more effective communication with doctors and care teams. For subscribers, the platform also includes the "Pain Guide," which provides educational content based on pain psychology to teach coping strategies.
ManagingLife operates on a multifaceted business model, serving both individual users and enterprise clients. For individuals, the app is free to use, with a subscription model (Manage My Pain Pro) that unlocks advanced features, unlimited data history, and the educational Pain Guide. The primary revenue stream stems from partnerships with B2B clients, including disability carriers, employers, health plans, pain clinics, and researchers. For these partners, the platform aims to lower the financial cost of chronic pain by improving patient outcomes, reducing medical spending, and shortening disability claim durations. The company has established collaborations with notable organizations such as Green Shield Canada, RBC Insurance, the University Health Network, and Alberta Health Services.