Sharecare and Falcon Capital Acquisition Corp. Reach Agreement to Combine, Creating Publicly Traded Digital Health Company

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Feb 12, 2021
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Sharecare unifies the person's health experience into one easy-to-use digital platform

- Jeff Arnold, digital health pioneer and founder of WebMD, will continue to lead the company as CEO and chairman

- Investors, led by Koch Strategic Platforms, Baron Capital Group, Eldridge, Woodline Partners LP, and strategic partner, Digital Alpha, have committed $425M in a PIPE, satisfying the minimum proceeds conditions to closing

- Anthem, Inc. will make a direct investment in Sharecare and partner to build affordable, high-quality, whole-health advocacy solutions

- High growth digital healthcare company projects a 24% sequential, multi-year CAGR

- Company has an initial pro-forma enterprise value of $3.9B

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