Twill
Behavioral Health and Wellness App
Company Overview
Snapshot
Founded in July 2021 by Tomer Ben-kiki and Ofer Leidner, Twill operates with 51–200 employees. The company was acquired by DarioHealth in February 2024, marking a significant exit event.
Business overview
Twill, formerly known as Happify, is a digital-first healthcare company that integrates physical and behavioral health. The company develops mobile applications featuring science-based activities and games designed to assist users in managing negative thoughts, stress, and various life challenges. Twill primarily serves the Health Tech & Life Sciences sector, focusing on digital healthcare, digital therapeutics, and leveraging artificial intelligence and mobile platforms for consumers and patients.
Strategic signal
In February 2024, Twill was acquired by DarioHealth Corp. This acquisition is strategically significant as it is projected to double DarioHealth's pro forma revenues for 2023 and accelerate its path to profitability, expanding its customer base to include major national health plans and Fortune 100 employers. The deal signals a consolidation in the digital health market, aiming to create a more comprehensive platform for managing chronic conditions and enhancing market penetration for the combined entity.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate development for Twill in early 2024?
- In February 2024, Twill was acquired by DarioHealth Corp. This acquisition aimed to create a comprehensive digital health platform across prevalent chronic conditions.
- When was Twill founded and by whom?
- Twill was founded in July 2021 by co-founders Tomer Ben-kiki and Ofer Leidner.
- What is Twill's core offering?
- Twill develops a mobile application that provides science-based activities and games to help users manage negative thoughts, stress, and life challenges, integrating physical and behavioral health.
- What was the company formerly known as?
- Twill was formerly known as Happify Health. The company rebranded to Twill in August 2022.
- Which sectors does Twill operate in?
- Twill operates within the Health Tech & Life Sciences sector, specifically focusing on digital healthcare and digital therapeutics, utilizing mobile and artificial intelligence technologies.