Caterpillar Health is a digital platform operating in the health and wellness industry. The company offers a rewards-based wellness program that promotes health education and behavior change, enabling users to earn points for achieving health goals and learning about the benefits of physical activity and improved dietary habits. These points can be redeemed for rewards at various retailers. Caterpillar Health primarily serves businesses, providing them with a tool to encourage employee wellness. It was founded in 2021 and is based in London, England.
ESPs containing Caterpillar
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The healthy behavior rewards solutions market offers innovative solutions that incentivize and reward people for adopting and maintaining healthy behaviors. These can include activities like regular exercise, balanced nutrition, smoking cessation, and stress management. Participants in these programs are often rewarded with various incentives, such as discounts, cash rewards, or other perks, encou…
Expert Collections containing Caterpillar
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Caterpillar is included in 1 Expert Collection, including Digital Health.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Caterpillar News
Feb 12, 2024
Caterpillar Caterpillar Chairman and CEO Jim Umpleby announced the company achieved “the best year in our 98-year history” during its Q4 2023 earnings call on February 5. Fourth-quarter 2023 sales and revenues for the manufacturer were up 3% to $17.1 billion compared with the same period last year. Full-year sales and revenues totaled $67.1 billion, a 13% jump over 2022 results. Cat says the increase reflected favorable price realization and higher sales volume, driven by higher sales of equipment to end users, partially offset by the impact from changes in dealer inventories. “I'm very proud of our global team's strong performance as they achieved the best year in our 98-year history, including record full-year sales and revenues, record adjusted profit per share and record ME&T free cash flow,” Umpleby said. “We remain committed to serving our customers, executing our strategy and investing for long-term profitable growth.” Cat noted that the adjusted operating profit margin and adjusted profit per share for 2023 excluded restructuring costs, which included the divestiture of the company's Longwall business, and a benefit for certain deferred tax valuation allowance adjustments and mark-to-market gains for remeasurement of pension and other post-employment benefit (OPEB) plans. The adjusted operating profit margin was 20.5% in 2023, and full-year adjusted profit per share was $21.21. Q4 Construction Equipment Sales Machine sales to users, which includes Construction Industries and Resource Industries, rose by 3% in the fourth quarter of 2023. Construction Industries sales specifically were up 4%, with Cat continuing to see strong sales and healthy demand in North America. “Non-residential continued to benefit from government related infrastructure and construction projects. Residential sales to users in North America also increased in the quarter,” Umpleby told investors. Meanwhile, construction sales declined in EAME, Latin America and Asia. In Resource Industries, sales to users increased 1%. In mining, sales to users also increased and in heavy construction and quarry and aggregates, sales to users declined against a strong comparative in 2022. Partner Insights
Caterpillar Frequently Asked Questions (FAQ)
When was Caterpillar founded?
Caterpillar was founded in 2021.
Where is Caterpillar's headquarters?
Caterpillar's headquarters is located at 20-22 Wenlock Road, London.
What is Caterpillar's latest funding round?
Caterpillar's latest funding round is Seed VC.
How much did Caterpillar raise?
Caterpillar raised a total of $590K.
Who are the investors of Caterpillar?
Investors of Caterpillar include Jenson Funding Partners.