98point6 Technologies: Business Overview, Financials & Competitive Analysis
98point6 Technologies scores 6/10 on the AskCyborg Cyborg Score (Solid). High-potential software licensing model with AI-powered virtual care, but execution risk on provider adoption and competitive positioning against larger healthcare IT vendors. 98point6 successfully pivoted from direct-to-consumer care delivery to enterprise software licensing, acquiring complementary assets (Bright.md) to expand platform capabilities. However, the company's private status limits visibility into current.
What is 98point6 Technologies's industry? 98point6 Technologies (98point6.com) operates in Telemedicine. AskCyborg classifies 98point6 Technologies under Telemedicine in its company registry.
Founded in 2015, Seattle-based 98point6 recently pivoted away from care delivery to focus on licensing its telehealth software to providers. The company bills itself as an artificial intelligence-enabled chatbot that ...
Cyborg Score thesis
High-potential software licensing model with AI-powered virtual care, but execution risk on provider adoption and competitive...
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Get Current Report Free98point6 Technologies Overview
Pro stress-test →Founded in 2015, Seattle-based 98point6 recently pivoted away from care delivery to focus on licensing its telehealth software to providers. The company bills itself as an artificial intelligence-enabled chatbot that collects patient information and summarizes it for a physician, who continues the conversation. The platform automates clinical workflows including intake, charting, and orders while maintaining physician autonomy.
Strategic Profile
Pro stress-test →In the spring 2023, the company sold its self-insured employer business, affiliated physician group and a software license to Transcarent in a deal worth up to $100 million. 98point6 Technologies purchased the remainder of asynchronous telehealth provider Bright.md's assets for an undisclosed sum in a deal split of 45% cash and 55% equity, including Bright.md's commercial assets, 16 customer contracts as well as the firm's sales and customer success teams. This B2B2C model enables health systems to deploy AI-powered virtual care without building from scratch.
Competitive Landscape
Pro stress-test →98point6 competes in the digital health platform space against established healthcare IT vendors (Epic, Cerner) offering telehealth modules, pure-play telemedicine platforms (Teladoc, Amwell), and emerging AI-powered care enablement startups. Differentiation centers on AI-powered automation built by clinicians, lower implementation friction versus legacy EHR vendors, and proven ability to operate at scale. Key customer logos include health systems and payers leveraging the platform for virtual care delivery.
Industry Context
98point6 Technologies operates in Telemedicine.
Key facts
Founded: 2015 · Headquarters: Seattle, US