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Cloudbreak Health

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Telehealth company that has been around for over 14 years

Columbus, United StatesFounded 2003Health Tech & Medtech
Valuation $100–250M Last recorded · 2023
Revenue $10–50M Latest reported FY
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cloudbreak Health and the history behind them.

About Cloudbreak Health

Cloudbreak Health, now operating as Equiti, functions as a specialized provider of technology-enabled language interpretation services tailored for the healthcare sector. The firm was established in 2003 by Jamey Edwards and Andy Panos. Edwards, who served as CEO, brought a background in finance and an entrepreneurial drive, having previously transformed a family business and led the acquisition that helped form Cloudbreak. Panos's inspiration for the company came after a family member was injured on vacation, highlighting the challenges patients face with language barriers in healthcare settings.

The company's core business revolves around breaking down communication barriers for patients with limited English proficiency (LEP) and those who are deaf or hard-of-hearing. It serves a wide range of healthcare facilities, including hospitals, urgent care centers, and clinics. Revenue is generated by providing these clients with access to its interpretation services. The primary product is Martti™ (My Accessible Real-Time Trusted Interpreter), a HIPAA-compliant Video Remote Interpretation (VRI) platform. This system connects healthcare providers with qualified interpreters across more than 250 languages, accessible via tablets and smartphones. Beyond VRI, the company's offerings have expanded to include over-the-phone interpreting (OPI) and other telehealth solutions like telepsychiatry and telestroke services.

Cloudbreak Health's history includes several significant milestones. Originally founded as Language Access Network, a publicly traded company, it was taken private and rebranded as Cloudbreak Health in 2015 to focus more on telehealth. In 2021, the company merged with UpHealth in a SPAC deal, which created a publicly traded global digital health company. However, in a strategic move to simplify its business, UpHealth sold Cloudbreak to the private equity firm GTCR for $180 million in a deal that closed in March 2024. This transaction established Cloudbreak as an independent, standalone entity again. Most recently, in August 2024, Cloudbreak acquired Voyce, another language services provider, and the combined entity was rebranded as Equiti, led by a new senior leadership team that includes co-founder Andy Panos.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2003
Headquarters
Columbus, United States
Open positions
None listed
Dealroom signal
54.9/100
Industry
Health, Marketing
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Telemedicine, Tech for Patients, SPAC Target, SPAC IPO Announced, Hard Tech
Investment activity
1 company, latest Aug 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBT✓Debt Oct 2024 $0 — Monroe Capital ↗
BUYOUT✓Exit Nov 2023 $180M $180M GTCR ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Cloudbreak Health website traffic

Latest recorded traffic for Cloudbreak Health is 270K monthly website visits, up 0% over the last three months.

Latest monthly visits270K 3-month web change0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

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

Series B and later4 investors entered at this stage

  • Columbia Partners Private Capital
  • GigCapital2
  • GTCR
  • Monroe Capital

Other known investors1 additional known investor

  • UpHealth
Team profiled 2 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 · Columbus HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cloudbreak 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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