Revenues, earnings & profits over time
% growth--(72 %)-296 %40 %-
% EBITDA margin-(122 %)(1091 %)(1364 %)(405 %)--
% profit margin-(132 %)(1104 %)(1411 %)(462 %)--

Source: Dealroom estimates

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Ada is a health technology startup that leverages artificial intelligence (AI) to help individuals manage their health and assists healthcare providers in improving patient care. The company operates in the digital health market, providing both consumer-facing and enterprise solutions.

For individual users, Ada offers a mobile app that functions as a symptom assessment tool. Users input their symptoms, and the app uses AI to provide medical guidance, suggesting possible conditions and advising on next steps. This app is particularly popular for its clinical accuracy and user-friendly interface, making it accessible to a broad audience.

On the enterprise side, Ada partners with healthcare providers, insurers, and other organizations to enhance health outcomes and streamline care processes. Their enterprise solutions include tools for better triage (sorting patients based on the urgency of their condition), informing health decisions, and reducing unnecessary healthcare costs. These solutions are designed to integrate seamlessly into existing healthcare systems, providing value by improving efficiency and patient care quality.

Ada's business model is twofold: it generates revenue through consumer subscriptions for its app and through partnerships with healthcare organizations that pay for its enterprise solutions. This dual approach allows Ada to serve a wide range of clients, from individual app users to large healthcare providers and insurers.

In summary, Ada is a health tech company that uses AI to provide symptom assessment for individuals and offers enterprise solutions to improve healthcare delivery. It operates in the digital health market, making money through consumer subscriptions and enterprise partnerships.

Keywords: AI, health tech, symptom assessment, digital health, healthcare, enterprise solutions, patient care, triage, medical guidance, efficiency.

Tech stack

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