September 9, 2016
This year is shaping up to be a big one for acquisitions, if not for the money (many are for undisclosed amounts) but for sheer volume. We’ve seen 30 so far, and with a little over three months to go, 2016 may well end up eclipsing 2015’s total of 37 deals. Rather than just list the companies, we've broken them down into different categories based on who the acquirer is, to try to outline some...
February 24, 2016
Framingham, Massachusetts-based employee wellness and engagement company Virgin Pulse has acquired two employee wellness companies: Providence, Rhode Island-based ShapeUp and Australia-based Global Corporate Challenge (GCC).
Just last year, in May, Virgin Pulse, announced a big funding round, $92 million led by venture capital firm Insight Venture Partners with participation from parent company,...
November 3, 2014
Aetna has agreed to acquire Chicago-based bswift, which offers a technology platform that powers health insurance exchanges, for approximately $400 million. The company, which has about 380 employees will remain a separate business within Aetna led by its current team. Bswift raised about $51 million from Great Hill Partners earlier this year.
“Bswift’s consumer-friendly technology for benefits...
July 30, 2014
While adding in-person group support sessions to a weight loss program produces the best results, adding just an online behavioral intervention can produce results nearly as good, at a much lower cost. Those are the findings from a 230-person trial from social wellness platform ShapeUp, recently published in the American Journal of Public Health.
“The findings of this study are significant in...
February 13, 2014
While it didn't release any specific financial details, b2b activity tracker company FitLinxx recently announced it saw a 55 percent increase in revenues year-over-year. FitLinxx cited increased demand for its trackers in corporate wellness programs as well as the company's expansion into consumer, health plan, and health care provider markets in the US and UK.
"The corporate wellness space is...
November 11, 2013
Providence, Rhode Island-based ShapeUp raised $7.5 million from venture capital firms Cue Ball Capital and Excel Venture Management. The company will use the money to further develop and launch its mobile capabilities.
The company offers a social wellness program for companies and engages employees through team workout challenges that are six or eight weeks long, tracks team progress to encourage...