ARUN GUPTA
CEO
BIG HEALTH
WHY: Last August appointed head of app maker that focuses on mental health, and aims to help patients reduce their reliance on sleeping pills and anti-anxiety drugs. Runs the San Francisco-based company out of Newport Beach, overseeing 200 employees. New York native who calls himself a “prototypical entrepreneur,” moved to OC to scout medical treatments for his young son, and never left. Long track record running startups and also founded Quartet Health.
BY THE NUMBERS: Big Health has raised $100 million, including a $75 million Series C funding round a year ago led by new investor SoftBank’s Vision Fund 2.
FUTURE PLANS: The company’s first two digital therapeutics are “Sleepio” and “Daylight” for insomnia and anxiety, respectively. Research shows Sleepio use can lower healthcare costs by $1,677 per employee. Customers are large companies like Citibank, Google and Home Depot that offer the plan as a benefit to their employees. Plans to launch six new digital therapeutics by 2024. Predicts to double revenue this year.
IN THEIR WORDS: While Gupta declined to disclose revenue, he said, “We’re growing a lot—upwards of 100% growth this year.” It’s had 300,000 patients in the past decade, including 100,000 alone last year. “We have a lot of growth ahead of us.”
