Lowering the human and financial cost of chronic pain with its clinically-validated digital solution, Manage My Pain.
Business Model:
Revenue: $5.7M
Employees: 51-200
Address: 7th Floor 209 Victoria Street
City: Toronto
State: ontario
Zip: M5B 1T8
Country: CA
ManagingLife is tackling the chronic pain and opioid crisis head-on. Chronic pain drives more health plan costs than any other chronic condition, and is the number one reason for disability claims. It is a costly problem that plan sponsors are increasingly looking for solutions from their health plans and disability carriers. Our industry-leading digital solution helps patients and doctors better measure, monitor, and manage chronic pain. As a result, we: * reduce absenteeism for employers * lower costs for health plans * shorten and prevent short and long-term disability claims Our solution is used by over 50,000 people worldwide and is licensed by 8 hospitals and 3 insurers who represent over 27M lives under coverage. Customers include RBC Insurance, the Orthopaedic Trauma Institute at UCSF, and Canada&s;s largest academic hospital system, the University Health Network. ManagingLife was founded in 2012 and headquartered in Toronto, Ontario.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2018 | Pre Seed Round | 1 | - |
DMZ DMZ |
12/2019 | Convertible Note | 4 | $350k |
Bryan W. Kerdman Elkland Capital John Francis Six Squared Capital Bryan W. Kerdman Elkland Capital John Francis Six Squared Capital |
1/2020 | Non Equity Assistance | 1 | - |
Creative Destruction Lab (CDL) Creative Destruction Lab (CDL) |
12/2014 | Convertible Note | $50k | 2/2013 | Non Equity Assistance | $29.2k | 7/2017 | Convertible Note | $211.9k | 12/2021 | Non Equity Assistance | - | 8/2019 | Grant | $535.4k | 12/2021 | Non Equity Assistance | - | 1/2020 | Non Equity Assistance | 1 | - |
Creative Destruction Lab (CDL) Creative Destruction Lab (CDL) |
1/2018 | Pre Seed Round | 1 | - |
DMZ DMZ |
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