Firefly Health Named to the 2020 CB Insights Digital Health 150 List of Most Innovative Digital Health Startups
Firefly Health Recognized for Achievements in Virtual Care Delivery
Watertown, MA – August 13, 2020 – Firefly Health today announced that the organization has been named to CB Insights’ second annual Digital Health 150 ranking, which showcases the 150 most promising private digital health companies in the world. Firefly Health, a Watertown-based virtual-first primary care and behavioral health provider, is recognized on the list for their achievements in innovative, digital-integrated care delivery.
Through an evidence-based approach, the CB Insights research team selected the Digital Health 150 from hundreds of applications based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
"To Firefly Health, virtual care is much more than expanding convenience through phone or video visits,” said Firefly Health Co-founder and CEO Andy Ellner. “Virtual care must offer continuous, proactive and personalized care to replace the centuries-old reactive healthcare model. As our healthcare system evolves, there must be a greater emphasis on the integration of technology, holistic care teams and goal-oriented care plans.”
The 2020 Digital Health 150 cohort highlights startups that are reimagining the lines of the traditional healthcare experience across 12 categories, from Virtual Care Delivery and Clinical Trials, to Drug Discovery and Specialty Care. Countries represented this year include Canada, China, Israel, France, the United Kingdom, and the United States, among others.
“This year’s Digital Health 150 is our most global ever, covering the best private healthcare companies from 17 countries. Beyond geographic diversity, these companies are innovating across the entire healthcare value chain, spanning technologies that benefit pharma & biotech companies, to payers, hospitals, insurers, and more,” said CB Insights CEO Anand Sanwal. “Last year’s Digital Health 150 winners saw numerous exits and went on to raise nearly $5 billion in investor financing after being recognized. We look forward to seeing the success of this year's class of the best in digital health."
Firefly Health is a virtual native, full-service primary care and behavioral health provider. Their unique navigation platform combines supreme convenience and proactive support through full-service intelligent navigation of the healthcare system. Firefly Health assigns every patient a care team that includes a doctor, nurse practitioner, behavioral health specialist, psychiatrist, and a health guide, and their expansive partnership network offers access to urgent care centers, as well as specialty and diagnostic sites. Firefly Health’s technology infrastructure provides convenient communication, smart task management, advanced automation, and intelligence. In 80% of cases, Firefly Health is able to respond to patient needs in 5 minutes or less.
Quick facts on the 2020 Digital Health 150:
- The 2020 Digital Health 150 startups have raised over $20B in funding across 600+ deals from 900+ unique investors.
- The list includes 12 unicorns (companies that have reached a valuation of $1B+) focused on a diverse range of digital health solutions, including telehealth, insurance, and robotic surgical systems.
- Many have formed partnerships with key industry players like the American Heart Association, Cigna, and Mount Sinai Health System.
About Firefly Health
Modern healthcare needs to be turned on its head. We don't need better telehealth; we need a totally innovative model of primary care that is once and for all built around people, not doctors. Firefly Health is, and always has been, a virtual-first primary care, behavioral health, and navigation service that lights the path to better health and better care. Visit https://firefly.health to learn more.
About CB Insights
At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.
Solomon McCown & Cence
To sign up for Firefly Health, download our mobile app: