Portea Overview
- Year Founded
-
2013
- Status
-
Private
- Employees
-
4,000
- Latest Deal Type
-
PIPE
- (Cancelled)
- Latest Deal Amount
-
$4.83M
- Investors
-
12
Portea General Information
Description
Provider of home healthcare services intended to improve health outcomes for patients. The company offers doctors, nurses, and physiotherapists who look after health management, disease management, and health check-ups through periodic visits, personal health devices, and provide home delivery of medicines, enabling patients to avail of various healthcare services at affordable rates.
Contact Information
Website
www.portea.comCorporate Office
- 69/B, 1st Stage, 1st Cross Road
- Domlur
- Bengaluru, Karnataka 560071
- India
Corporate Office
- 69/B, 1st Stage, 1st Cross Road
- Domlur
- Bengaluru, Karnataka 560071
- India
Portea Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. PIPE | 17-Sep-2023 | $4.83M | Cancelled | Generating Revenue | ||
| 12. IPO | 29-Jun-2022 | Cancelled | Generating Revenue | |||
| 11. Later Stage VC (Series D1) | 29-Apr-2024 | Completed | Generating Revenue | |||
| 10. Debt - General | 30-Sep-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 04-Nov-2020 | Completed | Generating Revenue | |||
| 8. Grant | 01-Jun-2020 | Completed | Generating Revenue | |||
| 7. Debt - General | 20-Dec-2018 | Completed | Generating Revenue | |||
| 6. Debt - General | 01-May-2018 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 21-Nov-2017 | $27.1M | $73.2M | Completed | Generating Revenue | |
| 4. Early Stage VC (Series B) | 20-Sep-2015 | $37.1M | $46.1M | Completed | Generating Revenue |
Portea Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C3 | ||||||||
| Series C2 | ||||||||
| Series C1 | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Series C | ||||||||
| Ordinary | ||||||||
| Series B | 380,274 | $1.354177 | $74.03 | $74.03 | 1x | $74.03 | 18.19% | |
| A2 Preference | 243,307 | $1.354177 | $20.45 | $20.45 | 1x | $20.45 | 11.64% |
Portea Comparisons
Industry
Financing
Details
Portea Competitors (9)
One of Portea’s 9 competitors is Care24 (Mumbai), a Formerly VC-backed company based in Mumbai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Care24 (Mumbai) | Formerly VC-backed | Mumbai, India | ||||
| Health Care At Home India | Private Equity-Backed | Noida, India | ||||
| DrSafeHands | Venture Capital-Backed | New Delhi, India | ||||
| Welcome Cure | Venture Capital-Backed | Mumbai, India | ||||
| Doctor On Demand | Private Equity-Backed | San Francisco, CA |
Portea Signals
Portea Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| InnoVen Capital | Lender/Debt Provider | Minority | ||
| ACT Grants | Not-For-Profit Venture Capital | |||
| Alteria Capital | Venture Capital | Minority | ||
| British International Investment | Impact Investing | Minority | ||
| Growth Story | Venture Capital | Minority |
Portea Acquisitions (3)
Portea’s most recent deal was a Merger/Acquisition with Health Mantra. The deal was made on 31-Mar-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Health Mantra | 31-Mar-2016 | Merger/Acquisition | Distributors (Healthcare) | ||
| Pstakecare | 18-Jan-2016 | Merger/Acquisition | Information Services (B2C) | ||
| Medybiz Pharma | 23-Nov-2015 | Merger/Acquisition | Distributors (Healthcare) |
Portea FAQs
-
When was Portea founded?
Portea was founded in 2013.
-
Where is Portea headquartered?
Portea is headquartered in Bengaluru, India.
-
What is the size of Portea?
Portea has 4,000 total employees.
-
What industry is Portea in?
Portea’s primary industry is Clinics/Outpatient Services.
-
Is Portea a private or public company?
Portea is a Private company.
-
What is Portea’s current revenue?
The current revenue for Portea is .
-
How much funding has Portea raised over time?
Portea has raised $114M.
-
Who are Portea’s investors?
InnoVen Capital, ACT Grants, Alteria Capital, British International Investment, and Growth Story are 5 of 12 investors who have invested in Portea.
-
Who are Portea’s competitors?
Care24 (Mumbai), Health Care At Home India, DrSafeHands, Welcome Cure, and Doctor On Demand are some of the 9 competitors of Portea.
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