Buoy Health

Digital triage tool for health assessment

Boston, Massachusetts, United States

About Buoy Health

Buoy Health provides a digital self-screening tool that helps users assess their health and make informed decisions. The tool allows individuals to evaluate their symptoms and determine the appropriate next steps for care. It is particularly useful for large organizations, such as health plans and healthcare institutions, as it helps reduce the burden on healthcare resources by offering a scalable solution for health risk assessment. Buoy Health partners with these organizations to integrate its tool into their systems, generating revenue through custom implementations that can be set up quickly. The platform is designed to be accessible, offering services in multiple languages and updating its medical guidelines daily based on the latest information from the CDC. Buoy Health's goal is to provide reliable health information and support to users, making it a trusted resource in the healthcare technology market.

Boston, MassachusettsHeadquarters
2014Year Founded
$79.3MTotal Funding
SERIES_CCompany Stage
Biotechnology, HealthcareIndustries
11-50Employees

Risks

Competition from similar AI-powered platforms may dilute Buoy Health's market share.
Rapid AI advancements require costly updates to maintain Buoy Health's competitiveness.
Data privacy concerns could arise as Buoy Health expands its user base.

Differentiation

Buoy Health offers a 24/7 personalized health navigation platform for users.
The platform integrates with health portals, providing custom configurations for employers.
Buoy Health updates medical guidelines daily, ensuring the latest information is available.

Upsides

Increased demand for telehealth services boosts Buoy Health's market potential.
AI-driven diagnostics tools are gaining interest, aligning with Buoy Health's offerings.
Rising adoption of digital health platforms by employers enhances Buoy Health's growth.

Funding

Total raised$79.28 M
Latest valuation$187.50 M
StageSERIES_C
$20
$100.00 M
SERIES A
7/31/2017
$7
$33.50 M
SEED
12/31/2015
$2
$7.50 M
ANGEL
12/31/2014
$1
$4.00 M
DEBT
6/30/2014
N/A