Company profile: Picwell
1.1 - Company Overview
Company description
- Provider of interactive benefits decision-support tools that guide people to better benefits decisions, serving consumers, carriers, marketplaces/exchanges, agents, and employers. Offerings include ALEX Benefits Counselor; ALEX Go, a text-based, bilingual version; HSA Forecasting for HSA education and out-of-pocket expense forecasting; and ALEX Medicare for unbiased education and support on eligibility, enrollment, coverage, and costs.
Products and services
- ALEX Benefits Counselor: Interactive, multi-sensory counselor that steers employees toward better benefits decisions for themselves and their families through immersive guidance
- ALEX Medicare: Interactive platform delivering unbiased education on Medicare eligibility, enrollment support, coverage options, and costs via conversational, comprehensive modules
- ALEX Go: Text-based, audio-free guidance featuring an enhanced recommendation engine and bilingual support in Spanish and English for streamlined benefits decision-making
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Picwell
Valera Health
HQ: United States
Website
- Description: Provider of tech-enabled mental health care combining digital technology and data science with a human touch to deliver clinical services for mild to severe conditions. Offerings include live online therapy, medication management, virtual group therapy, DBT, programs for adolescents and families, and specialized treatment for serious mental illness.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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View full Valera Health company profile →
Comprehensive Healthcare Systems
HQ: United States
Website
- Description: Provider of solutions modernizing benefit program management.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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View full Comprehensive Healthcare Systems company profile →
Retica
HQ: United States
Website
- Description: Provider of full-eye eye biometric authentication solutions for logical, physical and digital ID applications for government, industry and business enterprises worldwide.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Retica company profile →
Thatch
HQ: United States
Website
- Description: Provider of a health benefits platform that lets businesses offer flexible healthcare through monthly allowances and curated health services, with tools to manage employee healthcare, establish healthcare budgets tailored to individual employee, and an AI-powered service (ThatchBot) that operates continuously to assist with healthcare inquiries and expense management.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Thatch company profile →
Bluecrest Wellness
HQ: United Kingdom
Website
- Description: Provider of UK-based health screening and wellness assessments, offering comprehensive Health MOTs (heart, stroke risk, cholesterol, diabetes, liver and kidney), Cancer Risk Packages (prostate, cervical, bowel, kidney) with follow-up GP consultations, Employee Health Checks on-site or at home, Energy Profile Checks (iron, vitamin D, diabetes, thyroid), 24/7 GP helpline access, and the My Wellness App for results and advice.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Bluecrest Wellness company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Picwell
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Picwell
2.2 - Growth funds investing in similar companies to Picwell
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4 - Top valuation comps for Picwell
4.2 - Public trading comparable groups for Picwell
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