Spectrum.Life - About the company
Spectrum.Life is a series B company based in Dublin (Ireland), founded in 2018 by Stephen Costello. It operates as a Provider of integrated health and wellness programs for employees. Spectrum.Life has raised $27.6M in funding from Act Venture Capital, with a current valuation of €*****. The company has 583 active competitors, including 133 funded and 21 that have exited. Its top competitors include companies like Spring Health, Calm and Dialogue.
Company Details
Provider of integrated health and wellness programs for employees. It offers digital and onsite wellbeing solutions for companies which include mental health support through phone, WhatsApp, or live chat, as well as access to mental health content and CBT eLearning. It also offer face to face counseling via video with a mental health professionals.
- Website
- www.spectrum.life/
- Social
- Email ID
- *****@spectrum.life
- Phone Number
- +353 **********
Key Metrics
Founded Year
2018
Location
Dublin, Ireland
Stage
Series B
Total Funding
$27.6M in 4 rounds
Latest Funding Round
Post Money Valuation
€***** as on Dec 14, 2022
Investors
Ranked
39th among 583 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2022
Employee Count
400 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Spectrum.Life
Spectrum.Life is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SPECTRA WELLNESS LTD CIN: 15662977 , United Kingdom, Active | Apr 20, 2024 | - | - | |
SPECTRUM WELLNESS LIMITED CIN: 616774 , Ireland, Active | Jul 11, 2017 | - | - | - |
SPECTRUM WELLNESS HOLDINGS LIMITED CIN: 652198 , Ireland, Active | Jun 19, 2019 | €10M - €50M (As on Dec 31, 2022) | - | - |
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Spectrum.Life's funding and investors
Spectrum.Life has raised a total funding of $27.6M over 4 rounds. Its first funding round was on Mar 08, 2021. Its latest funding round was a Series B round on May 27, 2024 for $*****. 1 investor participated in its latest round. Spectrum.Life has 4 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Spectrum.Life:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 27, 2024 | 4813104 | Series B | 5086370 | 6555300 | 6007788 | 8283066 |
Dec 14, 2022 | 2671091 | Series A | 6079097 | 9675654 | 7287397 | |
Jun 28, 2021 | 1095282 | Seed | 1535449 | 8552920 | 8662351 |
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Spectrum.Life's founders and board of directors
Founder? Claim ProfileThe founders of Spectrum.Life is Stephen Costello. Stephen Costello is the CEO of Spectrum.Life.
Here are the details of Spectrum.Life's key team members:
- Stephen Costello: Co-Founder & CEO of Spectrum.Life. Contact Info: 1 email address
View details of Spectrum.Life's Founder profiles and Board Members
Spectrum.Life's employee count trend
Spectrum.Life has 400 employees as of Jul 26. Here is Spectrum.Life's employee count trend over the years:
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Spectrum.Life's Competitors and alternates
Top competitors of Spectrum.Life include Spring Health, Calm and Dialogue. Here is the list of Top 10 competitors of Spectrum.Life, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Spring Health 2016, New York City (United States), Series E | Tech enabled mental healthcare solutions and health plans for employers | $474M | 81/100 | |
2nd | Calm 2012, San Francisco (United States), Series C | Digital wellness platform | $225M | 79/100 | |
3rd | Cloud-based telemedicine platform for employees and patients | $88.2M | 76/100 | ||
4th |  Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
5th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
6th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 71/100 | |
7th | Provider of online therapy, psychiatry services, and mental healthcare support | $20.6M | 71/100 | ||
8th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 | |
9th | Modern Health 2017, San Francisco (United States), Series D | Provider of employee mental health wellness platform | $170M | 69/100 | |
10th |  Wysa 2015, Boston (United States), Series B | Provider of AI-driven mental health support platform | $30.5M | 69/100 | |
39th | Spectrum.Life 2018, Dublin (Ireland), Series B | Provider of integrated health and wellness programs for employees | $27.6M | 51/100 |
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Spectrum.Life's Latest cap tables and shareholding
Founders (largest shareholder) own 50.06%, Funds own 19.97%, Parent Entities own 4.38% and Enterprises own 2.66%. The net worth of Spectrum.Life's founders is INR 18.8M as of Dec 14, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 50.06% | 18.8M | 8273701 | 1588287 | 2574509 | 9558683 |
230046 | 676330 | 651094 | 696605 | 750024 | 532991 | |
Fund | 19.97% | 7.48M | 7015108 | 4882562 | 4414999 | 4130835 |
2459664 | 2993428 | 4017859 | 7315282 | 7501964 | 6639772 | |
56 | 20 | 50 | 40 | 74 | 94 | |
Parent Entity | 4.38% | 1.64M | 3930 | 6281 | 2233 | 2202 |
Enterprise | 2.66% | 997K | 41 | 59 | 78 | 81 |
Angel | 3.75% | 1.4M | 577 | 377 | 721 | 530 |
787 | 858 | 533 | 994 | 870 | 617 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 12.17% | 4.56M | 3173992 | 1619894 | 3262366 | 3616046 |
ESOP Pool | 7.01% | 2.62M | 2408124 | 5053222 | 3160882 | 5168205 |
Total | 100.00% | 3.75Cr | 1842265 | 4107528 | 7840995 | 4642502 |
To unlock detailed Cap Table of Spectrum.Life Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Spectrum.Life's Shareholding
Spectrum.Life's Investments and acquisitions
Spectrum.Life has acquired Dr Jay. Spectrum.Life has not made any investments as of now.News related to Spectrum.Life
Filter this list•
Ian Ranger Joins Spectrum.life As Head Of Insurance For The Uk And IrelandBusinessplus•Feb 27, 2025•Spectrum.Life, Canada Life, MetLife
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Healthtech group Spectrum.Life signs mental health services dealThe Irish Times•Oct 10, 2024•Spectrum.Life, Simplyhealth
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Spectrum.Life and Healthily partner to streamline health insuranceLife Insurance International•Sep 19, 2024•Spectrum.Life, Healthily
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Spectrum.Life and Healthily Announce Strategic Partnership to Streamline Health Insurance with AIHealthily•Jul 20, 2024•Healthily, Spectrum.Life
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London’s Spectrum.Life secures €17M to expand its digital health platformTech Funding News•May 28, 2024•Spectrum.Life, Act Venture Capital
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Spectrum.Life to add 100 jobs after securing €17m investmentBusinessplus•May 27, 2024•Spectrum.Life, Act Venture Capital
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Dublin-based Spectrum.Life bags €17 million to deliver clinically backed digital and mental healthEU-Startups•May 27, 2024•Spectrum.Life, Act Venture Capital
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Spetrum.Life Raises €5m To Develop Platform And Add StaffBusinessplus•Feb 09, 2023•Spectrum.Life, Act Venture Capital, Deciphex, Primark and 1 other
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