Type | Public |
---|---|
Industry | Health care |
Headquarters | Chicago |
Key people | Jeff Bennett, CEO through the sale to Modivcare in 2023 |
Parent | Modivcare |
Website | higi.com |
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.
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]
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens and Switzerland-based Alliance Boots merged to form a new holding company, Walgreens Boots Alliance. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol WBA. In 2021 the company was found by a federal jury to have "substantially contributed to" the opioid crisis.
Stayhealthy, Inc. is a privately held corporation that creates web-enabled healthcare monitoring products. It was founded in the dot-com era by CEO John Collins, and produces devices that monitor and measure such aspects of one's health like blood pressure, heart rate, body weight, body mass index, body composition, body fat, visual perception, and calories burned.
Wasalu Muhammad Jaco, better known by his stage name Lupe Fiasco, is an American rapper and record producer. He rose to fame in 2006 following the success of his debut album, Lupe Fiasco's Food & Liquor. He also performs as the frontman of rock band Japanese Cartoon under his real name. As an entrepreneur, Fiasco was the chief executive officer of 1st and 15th Entertainment.
Premier Retail Networks or "PRN" is a wholly owned subsidiary of Stratacache. It programs, broadcasts and sells advertising on video screens, health kiosks and television displays inside retail locations. PRN was known as IZ-ON Media from October 1, 2012 to October 7, 2015.
Insight Partners is a global venture capital and private equity firm that invests in high-growth technology, software, and Internet businesses. The company is headquartered in New York City, with offices in London, Tel Aviv, and Palo Alto.
Walmart Labs became part of Walmart Global Tech, the technology and business services organization within Walmart. Venky Harinarayan and Anand Rajaraman founded Kosmix in 2005. In April 2011, Walmart acquired Kosmix and formed @WalmartLabs, a research division, out of it. In 2016, Walmart combined Walmart Labs and its information systems division (ISD) into one team called Walmart Technology. In August 2020, Walmart Technology launched its new identity as Walmart Global Tech as part of a new technology and shared services organization within the world's largest retailer.
Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management.
Sharecare is an Atlanta, Georgia-based health and wellness company that provides consumers with personalized health-related information, programs, and resources. It provides personalized information to the site's users based on their responses to the RealAge Test, the company's health risk assessment tool, and offers a clinical decision support tool, AskMD. Headquartered in Atlanta, Sharecare was founded in 2010 by Jeff Arnold and Dr. Mehmet Oz, in partnership with Remark Media, Harpo Studios, Sony Pictures Television and Discovery Communications.
HealthTap is a medical group and technology company delivering telehealth virtual healthcare via the web and health apps. Their customers include health consumers in the United States, health systems, insurance companies, and self-insured employers.
Sandbox Industries is a venture capital firm located in Chicago. The firm focuses on connecting established corporations with disruptive startups via strategic corporate investment funds.
Moki is a cloud-based mobile device management (MDM) platform and development company which specializes in single-purpose iOS, Android, and BrightSign devices. Moki's software allows companies to convert mobile devices like iPad, Android tablets, and BrightSign players into retail kiosks, mobile point of sale devices, digital signs, product displays, conference room schedulers, or retail sales terminals. Moki's cloud-based platform provides security, remote management and monitoring of the mobile devices and applications. Moki is headquartered in San Antonio, Texas.
ironSource Ltd. is an Israeli software company that focuses on developing technologies for app monetization and distribution, with its core products focused on the app economy.
Michael W. Ferro Jr. is an American businessman and tech entrepreneur, founder of Click Commerce and Higi, as well as several other companies including Merrick Ventures, a Chicago-based private equity firm. From February 2016 to March 2018, he was the non-executive chairman of Tribune Publishing, one of the largest newspaper publishers in the United States.
Walgreens Boots Alliance, Inc. (WBA) is an American multinational holding company headquartered in Deerfield, Illinois, which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. The company was formed on December 31, 2014, after Walgreens purchased the 55% stake in Alliance Boots that it did not already own. The total price of the acquisition was $4.9 billion in cash and 144.3 million common shares with fair value of $10.7 billion. Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. Walgreens became a subsidiary of the newly created company after the transactions were completed. As of 2022, Walgreens Boots Alliance is ranked #18 on the Fortune 500 rankings of the largest United States corporations by total revenue.
Jordan Michaels is an American digital healthcare entrepreneur, vice president of operations at GoodRx and a stand-up comedian. Michaels is the co-founder of Ringadoc. Raised in Southern California, Michaels is a graduate of Westlake High School and the University of Southern California, where he studied pre-medicine and neuroscience.
Babylon Health was a digital-first health service provider that combined an artificial intelligence-powered platform with virtual clinical operations for patients. Patients are connected with health care professionals through their web and mobile application.
Pitango VC, established in 1993, is Israel's largest venture capital fund with over $2.8 billion under management. Pitango VC invests through three dedicated funds, Pitango First, Pitango HealthTech, and Pitango Growth. Pitango invests in startups around the world, in domains such as Vertical SaaS, Digital Health, Deep Tech, FinTech & InsureTech, Devops, Generative AI, Web3, and FoodTech.
Bright Health is an American health insurance company based in Minneapolis, Minnesota.
CareFirst BlueCross BlueShield is a health insurance provider serving 3.5 million individuals and groups in Maryland and the Washington metropolitan area. It has dual headquarters in Baltimore, Maryland and Washington, D.C. It is a nonprofit organization and an independent licensee of the Blue Cross Blue Shield Association.
Pristyn Care is a Gurugram based health-tech company that deals in minimal invasive medical and surgical interventions. The organization has a network of more than 700 partnered hospitals and 100 clinics. The company was started in 2018 and covers proctology, gynaecology, IVF, urology, vascular, otorhinolaryngology, laparoscopy, anaesthetics, and ophthalmology.