Icario Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 181

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

  • Investments
  • 3

Icario General Information

Description

Developer of a technology platform focused on healthcare member engagement. The company's platform offers personalized healthcare loyalty programs using behavioral research, multi-channel engagement strategies, and advanced analytics, and replaces fragmented, multi-vendor engagement with seamless, personalized experiences, enabling healthcare organizations to improve health and drive better outcomes.

Contact Information

Formerly Known As
NovuHealth, Revel Health
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 1660 Highway 100 South
  • Suite 545
  • St. Louis Park, MN 55416
  • United States
+1 (855)
Primary Industry
Outcome Management (Healthcare)
Other Industries
Other Healthcare Services
Other Healthcare Technology Systems
Parent Company
Vertical(s)
Corporate Office
  • 1660 Highway 100 South
  • Suite 545
  • St. Louis Park, MN 55416
  • United States
+1 (855)

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Icario Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Icario Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a technology platform focused on healthcare member engagement. The company's platform offers personalized h
Outcome Management (Healthcare)
St. Louis Park, MN
181 As of 2026

Brentwood, TN
 

Mapleton, UT
 
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Icario Competitors (17)

One of Icario’s 17 competitors is Sonic Boom Wellness, a Private Equity-Backed company based in Brentwood, TN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Sonic Boom Wellness Private Equity-Backed Brentwood, TN
Wellsteps Corporation Mapleton, UT
PDHI Private Equity-Backed North Brunswick, NJ
Clarify Private Equity-Backed San Francisco, CA
Myca (Enterprise Systems (Healthcare) Formerly VC-backed Quebec, Canada
You’re viewing 5 of 17 competitors. Get the full list »

Icario Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Icario Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Icario Investments & Acquisitions (3)

Icario’s most recent deal was a Buyout/LBO with ChipRewards. The deal was made on 08-Jun-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ChipRewards 08-Jun-2021 Buyout/LBO Other Healthcare Technology Systems
NovuHealth 01-Oct-2020 Merger/Acquisition Other Healthcare Technology Systems
Revel Health 01-Oct-2020 Merger/Acquisition Other Healthcare Technology Systems
To view Icario’s complete investments and acquisitions history, request access »

Icario FAQs

  • When was Icario founded?

    Icario was founded in 2020.

  • Where is Icario headquartered?

    Icario is headquartered in St. Louis Park, MN.

  • What is the size of Icario?

    Icario has 181 total employees.

  • What industry is Icario in?

    Icario’s primary industry is Outcome Management (Healthcare).

  • Is Icario a private or public company?

    Icario is a Private company.

  • What is Icario’s current revenue?

    The current revenue for Icario is .

  • Who are Icario’s investors?

    CVC Capital Partners, Noro-Moseley Partners, Pittco Management, SSM Partners, and Truehelm have invested in Icario.

  • Who are Icario’s competitors?

    Sonic Boom Wellness, Wellsteps, PDHI, Clarify, and Myca (Enterprise Systems (Healthcare) are some of the 17 competitors of Icario.

  • When was Icario acquired?

    Icario was acquired on 01-Sep-2026.

  • Who acquired Icario?

    Icario was acquired by Vitality Group.

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