zipongo Series C Financing
10 investors are currently reviewing this opportunity
Time remaining: 5 Weeks Remaining
Questions? Contact Zipongo Investor Relations.
Series Raise: Series C Financing
Series Size: Upsizing ($10MM Committed)
Valuation (Pre-Money): $150MM
Secondary or Primary: Primary Offering
Management: Jason Langheier MD, Milo Krastev, Scott Matthews, Dexter Shurney MD (see Management Bios)
Customer Case Study
Zipongo Is Rapidly Growing
Zipongo members by year
With Attractive Unit Economics
Historical & Forecasted Financials
Zipongo Revenue & EBITDA ($M)
Profit Margins (%)
Total Addressable market ($4.9B)
U.S. Market Share
Frequently Asked Questions ("FAQ")
1) How has churn evolved over time?
Given the high ROI for employers and providers, churn has been relatively low. Only three companies have decided to end service. Two of those were the result of bankruptcies and one had decided to hold off until the Grubhub integration was completed.
2) What is Zipongo’s go-to-market strategy?
Zipongo focuses on establishing customer relationships directly with enterprise customers and health care plans. We have established relationships with 5 of the 7 largest payers with vast expansion potential across Commercial, Medicare, ASO, and Medicaid. Corporate customers include 20 large employer customers in addition to over 200 employer customers relationships established through wellness partners.
3) How does Zipongo differentiate itself from other digital nutrition providers?
4) What are the possible exit opportunities? What is timing to an exit?
Zipango continues to build and deliver a seamless nutrition platform. This has the potential to be a true standalone company with a global footprint.
Near-term exit opportunities include traditional nutrition, healthcare, or insurance companies looking to drive new products/capabilities through their existing distribution channels (e.g. Mckesson, UnitedHealth, CVS, Herbalife).
Midterm exit opportunities include tech companies looking to enter the $25 billion (and growing) nutrition market. Given past failures, these companies (e.g. Salesforce, Microsoft, Cisco, etc.) are more likely to acquire their way into this lucrative market.