AI -powered digital health startup, sword health collected Million 40 million at a price of $ 40 billion, leaping only a year ago, leaping 33 % of the value of $ 3 billion. The fund was led by returning to Investor General Catalist.
Although the 10 -year -old sword health cash flu is positive, its CEO and founder, Virgin Bento, told Tech Crunch that it had chosen to collect additional investment for two important reasons: to update the company’s price, and have readily available for strategic acquisition.
Sword healthWhich began as a virtual physical physician, and after that he extended the offer of pelvic health and mental health services, before he considered a close -term IPO. Bento told Tech Crunch last year that the list of 2025 is a possibility.
In spite of the recent successful IPOs of counterparts, in the possession of health and Omda, And the Sword Healthy 0 240 million annual income rate, Bento is revising its IPO projects.
“This will happen more later than everyone expected,” he said.
Bento’s target is for Phoenix, the sword’s AI Care Specialist, to expand remote health care, such as cardiovascular care, gastrointestinal health, and speech therapy, such as muscle pain and pelvic floor care.
He said, “I want IPO when I have many different different caregest points in a vertical scale – so maybe 2028.”
In recent months, Bento has followed it to say “educational journey” to learn about public company management, speaking to the CEO of various government companies and bankers.
He said, “At the end of this period of education, I felt that if you ask me why we should not have IPOs, I can give you 10 reasons. If you ask me why we want IPO, I cannot find a reason.”
Bento is not convinced of specific reasons for IPO, such as brand building or capital access. Referring to the example of successful private companies, IKEA and LEGO, he said strong startups can still secure enough private investment, citing a large -scale billion of data BRICS 10 billion.
Bento said liquidity for employees and early shareholders is also easily achieved for private companies thanks to secondary markets, Bento added that the sword will likely begin a tender offer next month.
Bento said the sword is expected to raise more capital next year. Even the size and even predicted The company’s next funding round diagnosis.
“Last year, we raised $ 30 million at a price of $ 3 billion,” he said. This year, we made Million 40 million for $ 440 billion. I think you can imagine how we are raising next year, which will probably be $ 50 million for $ 5 billion. ” “I like numerical balance. I think it’s fun.”
The total sword funding in the latest period is $ 380 million. Other participants in the new era include Khosla Ventures, Comacket Ventures, Lens Capital, Oxy Capital, Armor, Indico Capital, and Shilling.