# Current Health

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

- Industry: Medical Devices & Equipment
- Headquarters: Edinburgh, UK
- Website: www.currenthealth.com
- Total disclosed funding: $76M
- Latest round: Series B (Apr 22, 2021)
- Investors on record: 10

## About

Current Health Ltd provides a comprehensive care-at-home platform leveraging advanced technology for remote patient monitoring, aiming to enhance healthcare delivery and improve patient outcomes in diverse clinical settings.Current Health Ltd, founded in 2015 by Christopher McCann and Stewart Whiting, is headquartered in Edinburgh, UK. The company focuses on transforming healthcare delivery through a care-at-home platform. In October 2021, Current Health was acquired by Best Buy Co., Inc. for USD 400 mn, marking a significant pivot in the company's strategy towards expanding its service capabilities within the healthcare industry. The company has completed a total of 8 deals since its inception, demonstrating its active engagement in the healthcare market.Current Health offers a care-at-home platform designed to enhance healthcare delivery through advanced technology for remote patient monitoring. Its product suite includes continuous vitals monitoring, 24/7 nursing support, and integrated electronic health record (EHR) systems. The platform caters to healthcare providers, hospitals, and pharmaceutical companies, promoting improved patient outcomes and operational efficiency in various U.S. healthcare systems.In the most recent fiscal year 2024, Current Health generated revenue of USD 32.38 mn with an EBITDA amount of USD -15.70 mn, reflecting its current financial performance.Following its acquisition by Best Buy Co., Inc. in October 2021, Current Health plans to utilize the USD 400 mn investment to enhance its technology and expand its market presence. The company is focusing on launching new features for its platform and aims to enter additional markets in North America and Europe by 2023, aligning its product development with the evolving needs of healthcare providers.

## Funding rounds

- Series B, Apr 22, 2021, $43M — LRVHealth, MMC Ventures, OSF HealthCare, Section 32, Northpond Ventures, Elements Health Ventures
- Series A, Dec 10, 2019, $12M — MMC Ventures, Legal & General Investment Management, PXN Group, Scottish Investment Bank
- Series A, Nov 25, 2019, $12M — PXN Group
- Seed, Jul 26, 2018, $8M — MMC Ventures, Accelerated Digital Ventures
- Seed, Oct 12, 2016, $2.4M — PXN Group

## Investors

- PXN Group (https://capitalatlas.ai/funds/pxn-group) — Seed, Series A
- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Seed, Series A, Series B
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Seed
- Legal & General Investment Management (https://capitalatlas.ai/funds/legal-general-investment-management) — Series A
- Scottish Investment Bank — Series A
- LRVHealth (https://capitalatlas.ai/funds/lrvhealth) — Series B
- OSF HealthCare — Series B
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series B
- Northpond Ventures (https://capitalatlas.ai/funds/northpond-ventures) — Series B
- Elements Health Ventures (https://capitalatlas.ai/funds/elements-health-ventures) — Series B