XP Health
A modern vision care platform that is a virtual-first approach for eye care and eyewear that can work as a standalone benefit or alongside any vision insurance plans.
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 107 % | 39 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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XP Health operates in the vision care market, providing a digital-first platform that offers affordable designer eyewear and comprehensive eye care services. The company serves a diverse range of clients including PEOs (Professional Employer Organizations), ancillary carriers, health plans, brokers, consultants, and TPAs (Third-Party Administrators). XP Health's business model focuses on enhancing vision benefits for employees, thereby increasing utilization rates and reducing claims costs for employers. The platform allows members to purchase designer frames at an average cost of $42, renew prescriptions, and find providers for in-person exams. XP Health generates revenue through partnerships with organizations that offer its vision benefits to their employees. The company has been recognized for its innovative approach to vision care, boasting a high Net Promoter Score (NPS) of 72, which reflects customer satisfaction with the convenience, support, speed, and overall experience of using the platform.
Keywords: digital-first, vision benefits, eyewear marketplace, affordable designer frames, PEOs, ancillary carriers, health plans, brokers, consultants, TPAs.