Firefly Health

Overview
News
Preventive Healthcare?
Product stageSegments
Go-to-Market
?
Direct Primary Care (DPC)
?

Firefly Health is a virtual primary care platform provider that offers both in-person and virtual services covering a wide range of offerings, such as primary care, specialty care, and chronic care management, as well as behavioral and mental health management.

Firefly Health is a B2B-focused company working with corporate clients to reduce healthcare costs for their employees via insurance coverage. The company does not charge any membership fees from its clients. The company’s care team includes medical doctors, nurse practitioners, health guides, and behavioral health specialists. As of November 2022, Firefly was available in 24 states, and plans to expand into several new markets.

Key customers and partnerships

As of November 2022, Firefly Health’s key partners include Atrius Health, MinuteClinic, Dana-Farber Cancer Institute, Joslin Diabetes, Oshi Health, CVS MinuteClinic, PhysicianOne Urgent Care, Axle Health, and First Health.

In September 2022, the company partnered with insurance provider Blue Cross Blue Shield of Massachusetts (BCBSMA) and Carbon Health to launch a virtual primary care option for its members in January 2023. In November 2022, it partnered with Sprinter Health to provide at-home diagnostic services such as vital checks, blood testing, electrocardiograms, diabetic eye exams, and diabetic foot screenings to its members. Further in November 2023, the company partnered with Community Health Options to offer virtual primary care options for its members.

Funding and financials

The company received its recent investment in April 2021 amounting to USD 40 million in a Series B funding round led by Andreessen Horowitz (a16z). The funds were allocated towards entering the employer-sponsored market with the launch of its new health plan.

HQ location:
101 Walnut Street Watertown MA USA
Founded year:
2016
Employees:
11-50
IPO status:
Private
Total funding:
USD 52.2 mn
Last Funding:
-
Last valuation:
-
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