Palta

Palta

Health and well-being technology company helping millions of people around the world with preventative health and fitness mobile app products.

HQ location
London, United Kingdom
Founding location
Limassol Municipality, Cyprus
Website
Launch date
Employees
Enterprise value
$400—600m
Company register number
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Financials

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Revenues, earnings & profits over time
USD20212022
Revenues00000000
% growth-509 %
EBITDA00000000
% EBITDA margin4 %6 %
Profit00000000
% profit margin3 %3 %
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

More about Palta
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Palta is a technology company that specializes in health and well-being products. The company, named after the Peruvian word for avocado, likens its approach to growing avocados - a process that requires patience and care. Palta's business model involves partnering with ambitious founders and talented individuals to transform innovative ideas into products that have a positive, global impact on health and well-being.

Palta operates in the health tech market, serving a broad range of clients with various health and wellness needs. Its product portfolio includes Flo, a women's health app recommended by US OB-GYNs for period tracking, and Simple, a health app that helps users achieve their health goals without restrictive rules. Both apps have gained global recognition, regularly appearing in the top 10 Health & Fitness apps worldwide.

Another product, Zing Coach, is an AI-powered fitness coach that makes personal training accessible to everyone, regardless of location. Palta also houses Prisma Labs, which is pioneering the future of photo and video editing, and Palta Labs, where the company experiments with new well-being products.

Palta generates revenue through its various health tech products. Users typically download the apps for free, but premium features or services are available for purchase within the apps. This freemium model allows Palta to reach a wide audience while still generating income.

Keywords: Health Tech, Well-being, Global Impact, Flo, Simple, Zing Coach, Prisma Labs, Palta Labs, Freemium Model, AI-Powered Fitness.

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