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Cano Health

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Rapidly growing operator of primary care plus healthcare centers

Miami, United StatesFounded 2009Health Tech & Medtech
Valuation $7.7M Market cap · 2024
Revenue $2.90B Latest reported FY
EBITDA $89M Latest reported FY

About Cano Health

Cano Health is a healthcare provider specializing in senior care, offering a comprehensive range of medical, wellness, dental, and pharmaceutical services. The company operates in several states, including California, Florida, Nevada, Illinois, Texas, and New Mexico. Cano Health's primary clients are seniors who require specialized and continuous healthcare services. The company aims to provide a full-service health and wellness experience, ensuring that patients receive exceptional care through expert specialists and a dedicated clinical staff.

Cano Health operates in the healthcare market, focusing on senior care, which is a growing segment due to the aging population. The business model revolves around providing integrated healthcare services through its medical centers. These services include primary care, dental care, wellness programs, and pharmaceutical needs, all under one roof. This integrated approach not only enhances patient care but also streamlines the healthcare process for seniors, making it more convenient and effective.

The company generates revenue through various streams, primarily from patient visits and treatments. This includes fees for medical consultations, dental procedures, wellness programs, and pharmaceuticals. Additionally, Cano Health may receive payments from insurance providers, including Medicare, which is a significant payer for senior healthcare services.

In summary, Cano Health is dedicated to transforming healthcare for seniors by offering a wide range of services aimed at improving their overall health and well-being. The company’s integrated approach and focus on patient-centered care make it a significant player in the senior healthcare market.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2009
Headquarters
Miami, United States
Listing
Listed
Employees
1,162
Open positions
41
Dealroom signal
69.2/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Became $1B as Subsidiary, SPAC IPO Closed, Hard Tech, elderly care, Became Thoroughbred as Subsidiary
Client focus
b2c
Investment activity
2 companies, latest Jul 2021
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Mar 2023 $150M — Diameter Capital Partners · Rubicon Founders ↗
POST IPO EQUITY✓Other financing Jun 2021 $800M — BlackRock · Fidelity Investments · Maverick Capital · Third Point Ventures —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2.9B 0% $89M 3.1% −$81M -2.8%
2025 $2.9B +2.5% $89M 3.1% −$81M -2.8%
2024 $2.8B -9.9% $20M 0.7% −$156M -5.5%
2023 $3.1B +14.6% −$340M -10.8%
2022 $2.7B +70.2% $970K 0%
2021 $1.6B +93.5% −$53M -3.3%
2020 $832M — $61M 7.4%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Cano Health website traffic

Latest recorded traffic for Cano Health is 6.9K monthly website visits, down 31% over the last three months. Cano Health's team grew 1.2% over the past year.

Latest monthly visits6.9K 3-month web change-31% 1-year team growth+1.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later11 investors entered at this stage

  • InTandem Capital Partners
  • Barry Sternlicht
  • BlackRock
  • Fidelity Investments
  • Maverick Capital
  • Third Point
  • Jaws Acquisition
  • JAWS Spitfire Acquisition
  • Third Point Ventures
  • Diameter Capital Partners
  • Rubicon Founders
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Miami HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cano Health on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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