# Tictrac

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tictrac

- Industry: Healthcare IT
- Headquarters: UK
- Website: www.tictrac.com
- Total disclosed funding: $5.9M
- Latest round: Series A (Jul 1, 2016)
- Investors on record: 2

## About

Tictrac Limited is a UK-based company that specializes in providing an innovative health and wellness platform, designed to enhance employee engagement and well-being through tailored digital solutions.Tictrac Limited, founded in 2010, operates as a health and wellness platform aimed at empowering employees and enhancing customer experiences. In April 2022, the company was acquired by Dialogue Health Technologies Inc. for USD 44 mn, which will accelerate the development of its integrated health platform. The founder, Oliver MacCarthy, has a notable background in the health tech space, although specific details about previous ventures are not provided. The company is headquartered in the UK and has executed a total of 4 deals.Tictrac Limited offers a comprehensive health and wellness platform focused on empowering employees and enhancing customer engagement through a variety of tailored wellness solutions. Its core product suite includes health and well-being programs, digital mental health tools, and customer engagement initiatives, specifically designed for large enterprises and insurers across industries such as banking and retail. The platform is adaptable, meeting the diverse health needs of users in regions like North America and Europe, promoting proactive engagement and a culture of well-being in organizations.In the most recent year, 2022, Tictrac Limited reported a revenue of USD 3.92 mn, with an EBITDA of USD -4.69 mn. The company's revenue is primarily generated through B2B partnerships, where organizations subscribe to its suite of health and wellness solutions, providing access to health programs and digital mental health tools tailored to their specific needs.Looking ahead, Tictrac Limited aims to expand its product offerings and enter new geographic markets. The recent acquisition by Dialogue Health Technologies Inc. will support the acceleration of its integrated health platform development. Specific new products are being designed to enhance user experience, although release dates have not been detailed. Additionally, the company is targeting expansion into North America and Europe, leveraging both their existing presence and the support from Dialogue to deepen market penetration. The acquisition's rationale highlights a commitment to improving and integrating health solutions, which may lead to further innovations and regional engagements.

## Funding rounds

- Series A, Jul 1, 2016, $5.9M — Exponential Partners
- Seed, Feb 15, 2015 — M7 Tech Partners

## Investors

- M7 Tech Partners (https://capitalatlas.ai/funds/m7-tech-partners) — Seed
- Exponential Partners (https://capitalatlas.ai/funds/exponential-partners) — Series A