# Castlight Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/castlight-health

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.castlighthealth.com
- Total disclosed funding: $164M
- Latest round: Series D (May 1, 2012)
- Investors on record: 10

## About

Based in California, US, and founded in 2008 by Giovanni Colella, Castlight Health, Inc., also known as Castlight, operates as a healthcare data and navigation company. In February 2022, Vera Whole Health Inc., a portfolio company of Clayton Dubilier and Rice, and Anthem, Inc. acquired Castlight Health, Inc. from Cleveland Clinic Ventures, Maverick Capital, Maverick Ventures, US Venture Partners in a public-to-private transaction for an evaluation value of approximately USD 370 million in cash at USD 2.05 per share. As of May 2022, the company’s CEO is Ron Williams.

Castlight provides healthcare navigation through a team of clinical and benefits specialists who assist members in connecting and engaging with the appropriate programs and services at the appropriate time. The company also provides a mobile application through which customers can book appointments, resolve billing concerns, and communicate with the employee's care team.

Following the February 2022 transaction, the company plans to expand care access, reduce healthcare costs, and improve health outcomes.

## Funding rounds

- Series D, May 1, 2012, $100M — Oak Investment Partners, T Rowe Price, US Venture Partners, Allen & Company, Venrock, Maverick Capital, Redmile Group
- Series C, Jun 11, 2010, $60M — Oak Investment Partners, US Venture Partners, Wellcome Trust, Morgan Stanley Investment Management, Venrock, Maverick Capital, Cleveland Clinic Ventures
- Series A, Nov 3, 2008, $1.7M — Venrock
- Series A, Nov 3, 2008, $1.7M — Venrock
- Series A, Apr 17, 2008, $1.1M — Venrock

## Investors

- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series C, Series D
- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series C, Series D
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series C, Series D
- Wellcome Trust — Series C
- Morgan Stanley Investment Management — Series C
- Maverick Capital (https://capitalatlas.ai/funds/maverick-capital) — Series C, Series D
- Cleveland Clinic Ventures (https://capitalatlas.ai/funds/cleveland-clinic-ventures) — Series C
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D
- Allen & Company — Series D
- Redmile Group (https://capitalatlas.ai/funds/redmile-group) — Series D