Embarc Collective company acquired
January 23, 2020 - Yaro, a digital health company that is a member of downtown Tampa startup hub Embarc Collective, has been acquired by Virgin Pulse. Financial terms were not disclosed. Virgin Pulse provides enterprise Software-as-a-Service solutions that simplify health and wellbeing. The company is using technology acquired from Yaro for a new benefits navigation solution called Virgin Pulse Navigate. It will help consumers better understand, find and pay for healthcare services according to their specific needs and preferences, a news release said. “Startup acquisitions are exciting no matter where they happen. It's a signal that the team has built a solution of tremendous value. In the case of Yaro, it only took 18 months for them to get from idea to exit, which demonstrates the strength of the team, the business and the execution,” according to a post on the Embarc Collective website.