IBH
3070 Bristol St Ste 350, Costa Mesa, CA, 92626, United States
Overview
IBH is a pioneer in managed behavioral health and integrated employee assistance programs and services. As a boutique managed care company with a national footprint, IBH partners with employers and health plans to provide clients personalized and customized behavioral health plans with high quality clinical care, uncompromising service to patients, providers and clients with outcomes driven, cost effective care plans. Along with its subsidiaries Reliant Behavioral Health (“RBH”), Quality Health Solutions (“QHS”), American Behavioral Health Benefit Managers (“ABBM”) and CFR EAP Preferred (“CFR”), IBH has successfully managed treatment and benefits for self‐insured employers, medical and disability carriers, and health plans for over 30 years. IBH currently serves over seven million members, representing 26,000 individual clients across the United States. IBH strives to achieve and maintain a healthy, safe and productive pool of employees and members for employers and health plans.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Health Care
- Human Resources
- Wellness
Investment portfolio
- BEONx
Participated · Series A · May 2021
Beonprice provides a hotel revenue management system that uses AI modelling, a proprietary algorithm and a Hotel Quality Index to measure hotel quality, determine competitive position and generate maximized pricing based on demand. The product combines Artificial Intelligence and Deep Learning to improve revenue-per-available-room while increasing occupancy. Founded in 2012 and based in Salamanca, Spain, the company is active in more than 30 countries and lists clients such as Catalonia, Hotelatelier, Iberostar, RIU, Labranda Hotels & Resorts, HM Resorts, Park Royal, Dreamplace, Hospes and Room Mate. The company says the new funding will be used to further develop product offerings, increase team size, and accelerate expansion into European and LATAM markets. The article reports a €2 million Series A as the current financing event. CEO Rubén Sánchez stated the company aims to lead the hospitality sector with the most complete RMS in the market. Beonprice provides a B2B hospitality revenue platform that combines revenue management insights, a training academy, and algorithms for dynamic rate setting. Its patented artificial intelligence technology finds optimal room rates by analysing evolving consumer demand and market supply. The platform is designed to help hoteliers improve key metrics such as RevPAR and occupancy rates. Beonprice currently serves over 2,000 properties in more than 30 countries and counts customers including Paradores, Catalonia, Iberostar, RIU and Grupo Velas. Founded in 2012, the company is headquartered in Salamanca with offices in Madrid, Barcelona, Mexico City and Bogotá. It plans to use new funding for product development, consolidation in Spain and Latin America, and European expansion, and expects its customer base to more than double in the next three years. Beonprice provides a revenue management platform for the hospitality industry that aims to maximize profitability based on quality indicators and market segmentation. The platform recommends optimal prices to help hotels increase revenue and react to real-time market changes. It helps hotels improve competitiveness dynamically by accounting for competitors, occupancy, demand, quality and online reputation. The company was founded in 2012 by Rubén Sánchez and Emilio Galán and is based in Villamayor, Salamanca. Beonprice raised €1.4m and intends to use the funds to accelerate expansion in Europe and the USA. The recent funding round was led by K Fund.