Buoy Health

Buoy Health

Digital triage tool for health assessment

About

Buoy Health provides a digital self-screening tool that helps users assess their health and make informed decisions. The tool allows individuals to evaluate their symptoms and determine the appropriate next steps for care. Buoy Health primarily serves individual users, health plans, state governments, and healthcare institutions, offering a scalable solution that reduces the burden on healthcare resources. Unlike many competitors, Buoy Health focuses on partnerships with large organizations, enabling quick custom implementations of their triage tool. Their goal is to provide accessible, reliable health information and support population health management while keeping their medical guidelines current with the latest updates from health authorities.

Company Stage

Series C

Employees

11-50

Industries

Biotechnology, Healthcare

Total Funding

$79.3M

Headquarters

Boston, Massachusetts

Founded

2014


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Simplify's Take

What believers are saying

  • Increased demand for digital health tools boosts Buoy Health's market potential.
  • AI integration in healthcare aligns with Buoy Health's platform capabilities.
  • Growing focus on mental health in workplaces supports Buoy Health's offerings.

What critics are saying

  • Competition from similar AI-powered health platforms may reduce Buoy Health's market share.
  • Technological advancements require costly updates to Buoy Health's platform.
  • Privacy concerns and regulatory scrutiny could impact Buoy Health's operations.

What makes Buoy Health unique

  • Buoy Health offers a 24/7 personalized health guidance platform.
  • The platform integrates AI to improve patient outcomes and reduce healthcare costs.
  • Buoy Health provides customizable solutions for employers to manage employee health benefits.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

2%

2 year growth

-55%

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