Swords’ health, an Ai-Powered Digital Health Startup, raises $ 40 million in $ 4 billion valuations, a 33% jump from $ 3 billion price tag Got it one year ago. The fund is led by seller investor, General Catalyst.
Although the 10-year-old Sword white, CEO and Founder, Virgílio Bento, selecting primary reasons: To update company funds, and there are funds easily obtained for strategic retrieval.
The sword’s health, starting as a virtual physical therapist and since extended to offer pelvic health services and mental services. Bento techcrunch says last year a 2025 list is a possibility.
Despite new successful IPOs to counterparts Hinge Health and there,, And healthy $ 240 million annual Rate Rate, Bentoto changed his IPO plan.
“It’s more than everyone’s expected,” he said.
Bento’s purpose for Phoenix, specialist to take care of the sword, to expand body health care and pelvic care, care for cardiovasogical, and speaking therapy.
“I want to be IPO if I have a lot of different proof points of many different vertical care – so perhaps 2028,” he said.
In recent months, Bentoo began with what he called a “educational journey” to determine the management of a public company, talking to the CEOs of various public companies and bankers.
“At the end of the education time, I know that if you ask me why we don’t have to be a cause, I can’t find a reason,” I can’t find a reason, “I’m like a reason,” I’m like a reason, “I said a reason,” I said. “
Bento is not convinced of the usual reasons for an IPO, such as brand building or capital access. Teaching Ikea and Lego as examples of successful private companies, he said strong starts can still work in many private capital, speaking Many $ 10 billion is raised by databricks.
Liquidity for employees and early shareholders can also be achieved for private companies thanks to the second markets, Bento said, add that sword that is likely to launch a gentle offer of next month.
The sword hopes to raise a lot of capital next year, Bento said. He even predicted the size and Valuing the company’s next fund.
“Last year, we raised $ 30 million in $ 3 billion valuations. This year, I think you can do $ 50 million $ 50 million $ 5 billion,” he said. “I like the symmetry number. I think it’s fun.”
The newest round brings full sword funds to $ 380 million. Other participants in the new phase include Khosla efforts, Comcast Ventures, Lince, Oxy Capital, Armilar, Shilling Capital and Shilling.
