Abett
A secure "software-as-a-service" for benefits plan sponsors to take control of plan data.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 | round | |
* | $11.6m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 93 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Abett operates in the US healthcare industry, providing a unique solution for employers to manage and control data flows within their healthcare systems. The company's core product, the Lockbox, offers a plug and play network of programs and partners that enable employers to reduce expenses and improve healthcare outcomes. Abett serves large employers, including Fortune 100 and Fortune 500 companies, by turning complex and fragmented data systems into secure, employer-controlled environments. The business model revolves around providing a subscription-based service that integrates with various healthcare data sources, ensuring seamless data exchange and strategic navigation of the healthcare system. Abett generates revenue through these subscriptions and partnerships with healthcare providers and third-party administrators (TPAs). The company is positioned as an innovative solution for employers looking to optimize their healthcare benefits and reduce costs.
Keywords: healthcare data management, employer control, cost reduction, healthcare outcomes, Lockbox, plug and play network, Fortune 500, data integration, strategic navigation, subscription service.