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Cylinder Health

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Cylinder Health

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About Cylinder Health

Simplify's Rating
Why Cylinder Health is rated
B+
Rated C on Competitive Edge
Rated A+ on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$47.9M

Headquarters

Chicago, Illinois

Founded

2021

Overview

Company Does Not Provide H1B Sponsorship

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Simplify's Take

What believers are saying

  • Telehealth adoption increased by 38% in 2023, benefiting remote health solutions.
  • AI integration in healthcare is rising, with 60% planning implementation by 2025.
  • Digital health market projected to grow at a 28.5% CAGR from 2023 to 2030.

What critics are saying

  • Vivante Health's $31M funding could enhance its competitive edge in GI health care.
  • Increased investment in digital health may lead to faster technological advancements.
  • Vivante Health's advancements could potentially draw customers away from Cylinder Health.

What makes Cylinder Health unique

  • Cylinder Health focuses on personalized care in the digital health sector.
  • The company leverages AI to enhance patient care and operational efficiency.
  • Cylinder Health offers remote health solutions, aligning with the rise in telehealth adoption.

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Funding

Total Funding

$47.9M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$31M
Cylinder Health
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -3%

1 year growth

↓ -1%

2 year growth

↓ -1%
U.S. Securities and Exchange Commission
Jun 18th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

MobiHealthNews
Sep 21st, 2023
GI health platform Vivante Health secures $31M

The company offers personalized care plans and connects patients with a coordinated care team, including dietitians, internists and gastroenterologists.

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