Red.Health Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
441
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$20M
- Investors
-
15
Red.Health General Information
Description
Provider of private ambulance services intended to offer patients a better experience throughout the emergency value chain. The company's ambulances are equipped with the necessary and advanced tools for diagnosis and come in variants like basic, advanced, and medical utility vehicles, which cater to specific medical conditions, enabling patients to get guaranteed medical transport within a few minutes with trained personnel.
Contact Information
Website
www.red.healthCorporate Office
- B Block, 6th Floor, Plot 18, iLabs
- Opposite InOrbit mall, Madhapur
- Hyderabad, Telangana 500081
- India
Corporate Office
- B Block, 6th Floor, Plot 18, iLabs
- Opposite InOrbit mall, Madhapur
- Hyderabad, Telangana 500081
- India
Red.Health Timeline
Red.Health Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series B) | 15-May-2024 | $20M | Completed | Generating Revenue | ||
6. Secondary Transaction - Private | 01-May-2022 | Completed | Generating Revenue | |||
5. Debt - General | 05-Mar-2022 | Completed | Generating Revenue | |||
4. Later Stage VC (Series A) | 24-Jan-2022 | Completed | Generating Revenue | |||
3. Early Stage VC | 30-Oct-2019 | Completed | Generating Revenue | |||
2. Early Stage VC | 01-Nov-2018 | $1.1M | Completed | Generating Revenue | ||
1. Seed Round | 12-Oct-2017 | $1.1M | $1.1M | Completed | Generating Revenue |
Red.Health Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Preference- Series B CCPS | ||||||||
CCPS | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | 33,538 | $0.119836 | $11.98 | $11.98 | 1x | $11.98 | 1.01% | |
Ordinary | 2,008,643 | $0.119836 | $0.16 | $0.16 | 1x | $0.16 | 60.44% |
Red.Health Comparisons
Industry
Financing
Details
Red.Health Competitors (3)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
G1Health | Accelerator/Incubator Backed | Hyderabad, India | ||||
Ziqitza | Formerly VC-backed | Mumbai, India | ||||
Sahai Group | Venture Capital-Backed | Hyderabad, India |
Red.Health Executive Team (7)
Name | Title | Board Seat |
---|---|---|
Prabhdeep Singh | Co-Founder, Chief Executive Officer & Board Member | |
Sumit Pachalngiya | Chief Financial Officer | |
Suhas Kulkarni | Co-Founder & Chief Technology & Product Officer |
Red.Health Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Barada Regmi | Self | Board Member | |
Prabhdeep Singh | Red.Health | Co-Founder, Chief Executive Officer & Board Member |
Red.Health Signals
Red.Health Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alteria Capital | Venture Capital | Minority | ||
Aurum Venture Partners | Venture Capital | Minority | ||
Jungle Ventures | Venture Capital | Minority | ||
Grip (Financial Services) | VC-Backed Company | Minority | ||
Healthquad | Venture Capital | Minority |
Red.Health FAQs
-
When was Red.Health founded?
Red.Health was founded in 2016.
-
Who is the founder of Red.Health?
Prabhdeep Singh, Suhas Kulkarni, Jose Leon Lee, and Antoine Poirson are the founders of Red.Health.
-
Who is the CEO of Red.Health?
Prabhdeep Singh is the CEO of Red.Health.
-
Where is Red.Health headquartered?
Red.Health is headquartered in Hyderabad, India.
-
What is the size of Red.Health?
Red.Health has 441 total employees.
-
What industry is Red.Health in?
Red.Health’s primary industry is Other Healthcare Services.
-
Is Red.Health a private or public company?
Red.Health is a Private company.
-
What is the current valuation of Red.Health?
The current valuation of Red.Health is
. -
What is Red.Health’s current revenue?
The current revenue for Red.Health is
. -
How much funding has Red.Health raised over time?
Red.Health has raised $43.1M.
-
Who are Red.Health’s investors?
Alteria Capital, Aurum Venture Partners, Jungle Ventures, Grip (Financial Services), and Healthquad are 5 of 15 investors who have invested in Red.Health.
-
Who are Red.Health’s competitors?
G1Health, Ziqitza, and Sahai Group are competitors of Red.Health.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »