Exit Strategy
Recent acquisitions and funding point to exit by acquisition, with SmartSpark joining a larger wellness or social media company. Our technology fits well into many offerings.
Weltok, which has raised $106m, has acquired multiple m-wellness providers like Mindbloom.
Wello, Weilo and Hot5 acquired by Weight Watchers
UnitedHealth Group buys majority stake in Audax Health (Zensay wellness).
In Social: SnappyTV acquired by Twitter, Snapchat acquired Looksery, Wander acquired by Yahoo.
Funding is also growing rapidly in m-health and video, like $70m Series B for social video Flipagram. Three quarters into 2015, digital health venture investments have outpaced 2014’s three quarter total with funding reaching $3.3B, representing 30% TTM growth.