Higi

Last updated
Higi SH LLC
Company type Public
Industry Health care
Headquarters Chicago
Key people
Jeff Bennett, CEO through the sale to Modivcare in 2023
Parent Modivcare
Website higi.com
a Higi health station in a supermarket HiGi Blood Pressure Reader.jpg
a Higi health station in a supermarket

Higi is a consumer health service that provides publicly accessible health stations, offers educational content and health risk tests and offers digital and home health tools. [1] The stations appear in supermarkets, pharmacies, and other community locations. [2] [3] [4] Higi has nearly 6,500 health stations in the United States. [5] [6] It was founded in 2012 by Michael W. Ferro Jr. [7] while Khan Siddiqui was the founding CEO. In 2014, Michael Ferro sold his prior stake to William Wrigley Jr. II. At that time, the company combined with StayHealthy to form Higi SH, which was the operating entity of Higi until its sale to Babylon. In 2023, Babylon sold Higi to Modivcare.

Company

Higi acquired Merge Health Information Kiosks for $2.75 million in 2012 [8] and combined kiosk provider Stayhealthy in 2014. [9] [10] It received investment from BlueCross BlueShield's venture fund in 2017. [11] [12] Another notable investor is Lupe Fiasco, who accepted a role as creative director of the company. [13] [14] [15] [16] As part of the Blue Shield investment, Higi acquired a Seattle company called EveryMove. [17]

In 2017, Sam's Club began offering Higi in its stores [18] [19] Higi also placed kiosks at Vanderbilt University [20] and Wegman's supermarkets [21] The stations are also at Publix, Meijer, [22] Rite Aid [23] and other stores.

In 2018, Higi raised a Series C round of $21.3 million from Flare Capital Partners and 7wireVentures. [24] [25]

Higi named a new Chairman Chris Kryder in August 2018. [26]

In January 2022, Higi was acquired by Babylon Health. [27]

In May 2023, Higi announced it had been acquired by ModivCare. [28]

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References

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  5. GmbH, finanzen.net. "Payfone Expands Healthcare Footprint with Market Leaders - Markets Insider". Markets.businessinsider.com.
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  8. "Deals of the day -- mergers and acquisitions". Reuters.com.
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  11. "BlueCross BlueShield fund invests in Ferro health care creation Higi". Chicagobusiness.com. 29 March 2017.
  12. "Blue Cross and Blue Shield fund invests in Ferro healthcare creation Higi". Modernhealthcare.com.
  13. "Lupe Fiasco's health startup higi acquires challenge and rewards platform Earndit". Mobihealthnews.com. 17 December 2013.
  14. "Rapper Lupe Fiasco Discusses His Role at Tech Startup higi". Wsj.com.
  15. "Lupe Fiasco Launches New Health and Wellness App Higi - XXL". XXL Mag. 11 March 2013.
  16. "Lupe Fiasco Takes 'Normal Job' as Creative Director of Health Start-Up". Billboard.com.
  17. "Seattle wellness tracking startup EveryMove acquired by personal health scanning company higi". Geekwire.com. 29 March 2017.
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  20. Medicine, Vanderbilt University School of. "Check Weight and Blood Pressure With Higi On Campus and Across the Country - Vanderbilt Faculty & Staff Health and Wellness". Vumc.org.
  21. "Wegmans connects with customers on health". Supermarketsnews.com. 23 April 2018.
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  23. "New In-Store, Online, and Mobile Drugstore Services - Consumer Reports". Consumerreports.org.
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  25. "$21.3 Million Investment in higi, led by Flare Capital Partners and 7wireVentures, Fuels Opening of Healthcare's New "Front Door"". The Daily Times. July 10, 2018.
  26. "Fast-growing Higi names executive chairman". Retailleader.com.
  27. "London's Babylon Acquires Higi to Deliver Digital-First Healthcare to US". pymnts.com. 5 January 2022. Retrieved 25 January 2022.
  28. "Higi Joins Modivcare Platform to Accelerate Clinical Connectivity and SDoH Impact". higi.com. Retrieved 11 July 2023.