Tictrac
Employee wellbeing platform for physical and mental health.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | £15.0m Valuation: £15.0m | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2011 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (41 %) | - | - | - | - | 64 % |
| 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 |
Source: Company filings or news article
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Tictrac, now part of Dialogue, is a global digital health and wellbeing company founded in 2010 by Martin Blinder, James Pollock, Oliver MacCarthy, Jean Philippe Doumeng, and Jeremy Jauncey. The idea originated from a project with Cancer Research UK to create an alcohol awareness tracker, which evolved into a broader platform focused on behavioral science and user-centric design to empower individuals to manage their health. The London-based company was acquired by Dialogue Health Technologies Inc., Canada's leading virtual healthcare and wellness platform, in a transaction that closed on April 30, 2022. The acquisition, valued at up to $56 million, was Dialogue's largest and aimed to expand its wellness and prevention services into international markets.
The company operates a SaaS-based subscription business model, providing its services to employers and insurers to improve employee and customer wellness. It engages users in their physical, mental, social, and financial wellbeing through personalized content, activity challenges, team-building programs, and action plans. The platform is designed to integrate with a client's existing ecosystem, including EAPs and benefits programs, to maximize ROI and provide organizations with anonymized data and insights to inform their wellness strategies. This allows for the early identification of health trends within the workforce. The clinically validated solution offers a prevention-led Mental Health & Wellbeing Programme.
Before the acquisition, Tictrac had raised $21.5 million in funding. Following the acquisition by Dialogue, co-founder and CEO Martín Blinder continued to lead the Tictrac team. In October 2023, Dialogue itself was acquired by Sun Life and now operates as a standalone entity within Sun Life Canada.
Keywords: employee wellbeing, digital health, corporate wellness, SaaS, mental health support, employee engagement, preventative health, insurance wellness programs, health analytics, behavioural science, personalized health, activity challenges, financial wellness, social wellbeing, B2B, B2I, health data insights, employee benefits, wellness campaigns, wellbeing platform