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New Deal


Announced

Completed

Insight Partners, Olive Tree Ventures, and Qualcomm Ventures led a $50m funding round in Tyto Care.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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telehealth platform

Private

Venture Capital

Cross Border

Single Bidder

Health Care Services

Private Equity

Israel

Minority

Acquisition

Friendly

Completed

Synopsis

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Insight Partners, Olive Tree Ventures, and Qualcomm Ventures led a $50m funding round in Tyto Care, the provider of a home health diagnostic device and telemedicine consultation app. "The on-demand era has finally reached healthcare. Adoption of telehealth is at an all-time high and as the only solution on the market with diagnostic capabilities that can deliver clinic-quality remote care, Tyto Care is significantly disrupting the health ecosystem. As a partner that empowers fast-growing ScaleUp software companies transforming daily life, we are excited to work with Tyto Care to help usher in the next generation of healthcare," Jeff Horing, Insight Partners Managing Director.

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