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How Limelight Health Pivoted to a $93M Acquisition at $12M Revenue (Talk by CEO Jason Andrew)

Jason Andrew (Co-Founder and CEO of Limelighthealth) gave a talk on September 1, 2022.

Limelighthealth figures from the talk

Acquisition Price (2020)
$93M
Revenue at Acquisition (2020)
$12M
Total Funding Raised (2020)
$44M
Employees at Acquisition (2020)
140
Year Founded
2014
“We started out as a multi carrier quoting system for insurance brokers in the life and health space. I'd been in the insurance industry for now about twenty two years. And so when we started the company, we grew it for about six and a half years, and we were acquired in August 2020.”
“Today, I'm going to talk about how we pivoted multiple times to about a $93,000,000 exit. I'm really enjoying the bootstrap mindset here. So full disclosure, we raised about $44,000,000 over four rounds of funding.”
“We were doing about almost 12,000,000 in 2021 and on our way to about 19,000,000. And so we were having some growth, but we had about 50% of that was services revenue. The other 50 was recurring ARR.”

Read the talk →Watch the recording →

Company

Limelighthealth

San Francisco, United States · Founded 2014

Revenue
$5M
Funding
$42.9M
Team size
140
Customers
5

Company profile →CEO interview →