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Sharecare went public via a SPAC merger with Falcon Capital Acquisition in a $3.9bn deal.

Synopsis

Sharecare, a digital health company, went public via a SPAC merger with Falcon Capital Acquisition, a special purpose acquisition company, in a $3.9bn deal. Investors, led by Koch, Baron Capital Group, Eldridge, Woodline Partners, and strategic partner, Digital Alpha, have committed $425m in a PIPE. "Sharecare is the leader in digital health engagement and the only platform empowering people to navigate, activate, and connect with their doctor, insurance company, and employer benefits all in one app, unifying the disparate elements of each person's well-being journey. We look forward to this next phase as a public company and are laser-focused on simplifying the overall health experience, improving outcomes, and reducing cost on behalf of individuals, communities, and organizations everywhere," Jeff Arnold, Sharecare Founder Chairman and CEO.

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