OverviewSuggest Edit

Livongo is a consumer digital health company providing tools and coaching to manage diabetes. It offers connected meter that enables members to upload blood glucose readings and provides real-time tips based on blood glucose data, as well as notifies by text or email when blood glucose readings are out of target range. The company also offers coaching that includes real-time support from coaches for diabetes questions ranging from nutrition to lifestyle changes, as well as a mobile application to view readings, get daily insights, and send messages directly to coaches.
TypePublic
Founded2014
HQMountain View, US
Websitelivongo.com
Employee Ratings4.4

Latest Updates

Employees (est.) (Dec 2019)615(+15%)
Job Openings76
Revenue (FY, 2019)$170.2 M(+149%)
Share Price (May 2020)$57.8 (+9%)

Key People/Management at Livongo

Glen Tullman

Glen Tullman

Founder & Executive Chairman
Zane Burke

Zane Burke

Chief Executive Officer, Director
Jennifer Schneider

Jennifer Schneider

President
Julia Hoffman

Julia Hoffman

VP of Behavioral Health Strategy, Livongo
Lee Shapiro

Lee Shapiro

Chief Financial Officer
Jim Pursley

Jim Pursley

Chief Commercial Officer
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Livongo Office Locations

Livongo has offices in Mountain View, Chicago, Denver and San Francisco
Mountain View, US (HQ)
150 W Evelyn Ave #150
Chicago, US
444 N Michigan Ave #3400
Denver, US
1875 Lawrence St #550
San Francisco, US
150 South Park St.
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Livongo Financials and Metrics

Livongo Revenue

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Livongo's revenue was reported to be $170.20 m in FY, 2019
USD

Revenue (Q1, 2020)

68.8m

Gross profit (Q1, 2020)

50.7m

Gross profit margin (Q1, 2020), %

73.7%

Net income (Q1, 2020)

(5.6m)

EBIT (Q1, 2020)

(6.9m)

Market capitalization (28-May-2020)

5.7b

Closing stock price (28-May-2020)

57.8

Cash (31-Mar-2020)

218.2m

EV

5.5b
Livongo's current market capitalization is $5.7 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

30.9m68.4m170.2m

Revenue growth, %

122%

Cost of goods sold

8.3m20.3m46.2m

Gross profit

22.5m48.2m124.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

12.5m16.0m18.8m32.1m40.9m46.7m68.8m

Cost of goods sold

3.1m4.7m5.6m10.1m12.9m12.2m18.1m

Gross profit

9.4m11.3m13.2m21.9m28.0m34.5m50.7m

Gross profit Margin, %

75%71%70%68%68%74%74%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

61.2m108.9m241.7m

Accounts Receivable

7.5m16.6m40.9m

Prepaid Expenses

1.3m4.9m9.9m

Inventories

29.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

55.0m38.2m349.8m218.2m

Accounts Receivable

29.8m35.1m40.9m52.4m

Prepaid Expenses

7.2m5.7m9.4m13.9m

Inventories

8.5m13.8m21.3m19.2m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(16.9m)(33.4m)

Depreciation and Amortization

364.0k1.3m5.9m

Inventories

(1.5m)(6.0m)(20.0m)

Accounts Payable

2.5m2.6m2.0m
Quarterly
USDQ1, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(4.2m)(15.0m)(29.2m)(48.9m)(5.6m)

Depreciation and Amortization

193.0k696.0k2.6m4.2m1.9m

Inventories

814.0k472.0k(4.9m)(12.3m)9.7m

Accounts Payable

(373.0k)3.1m2.3m1.0m(98.0k)
USDY, 2020

EV/EBIT

-794.5 x

EV/CFO

-524.1 x

Financial Leverage

1.1 x
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Livongo Operating Metrics

Livongo's Customers was reported to be 679 in Q1, 2019.
FY, 2017Q1, 2018FY, 2018Q1, 2019Q2, 2019

Customers

218 278 413 679

Enrolled Diabetes Members

53.86 k68.54 k11.85 k164.17 k193 k

Total Contract Value

$77.16 m$11.28 m$154.47 m$48.06 m$74.23 m
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Livongo Acquisitions / Subsidiaries

Company NameDateDeal Size
RetrofitApril 17, 2018
myStrength

Livongo Online and Social Media Presence

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Livongo News and Updates

Livongo reported stronger-than-anticipated revenue in Q1

This story was delivered to Business Insider Intelligence Digital Health Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Stay up-to-date with our latest coverage on the impacts of corona…

Livongo stock jumps over 10 percent on revised earnings guidance, pointing to digital health boom

Livongo Health’s stock jumped over ten percent on a day that saw most exchanges tumble after a day of crazy volatility. The digital diagnostics and therapeutics company is benefiting from booming demand for digital health services as remote medicine takes center stage for beleaguered health care pro…

Kaiser Permanente, Livongo expand access to myStrength mental health app

The app includes COVID-19-specific modules that can help individuals manage heightened stress, and offers ideas to manage social isolation.

Livongo Announces Pricing of Public Offering by Selling Stockholders

MOUNTAIN VIEW, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Livongo Health, Inc. (Nasdaq: LVGO) today announced the pricing of its underwritten public offering of 2,777,327 shares of its common stock by certain selling stockholders at a price of $27.00 per share. Such selling stockholders have also g…

Livongo Reports Second Quarter Financial Results

MOUNTAIN VIEW, Calif., Sept. 05, 2019 (GLOBE NEWSWIRE) -- Livongo Health, Inc. (NASDAQ: LVGO), a leading Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced financial results for its second quarter ended June 30, 2019.

How Livongo Just Opened The Floodgate To A Digital Healthcare Wave

In the future, when we analyze moments in time when innovation transformed an industry, we’ll remember a recent event: Livongo’s IPO. With such strong healthcare talent here in the Midwest, we see many startups that working to inspire greater wellness here and gaining strong traction.
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Livongo Blogs

CNBC Healthy Returns

May 21, 2019, New York NY

Financial Times US Pharma and Biotech Summit

May 14, 2019, New York NY

Fortune Brainstorm Health

April 2-3, 2019, San Diego CA

Blue Cross Blue Shield National Summit

April 29 - May 2, 2019, Grapvine TX

State and Local Government Benefits Association National Conference

April 7-10, 2019, Fort Worth TX

Early data shows Livongo lowers blood pressure at six weeks

Early data shows Livongo lowers blood pressure at six weeksmobihealthnews featured the study that demonstrated people with both diabetes and uncontrolled high blood pressure who used the Livongo for Hypertension solution saw significant declines in their blood pressure within six weeks.>>> …
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Livongo Frequently Asked Questions

  • When was Livongo founded?

    Livongo was founded in 2014.

  • Who are Livongo key executives?

    Livongo's key executives are Glen Tullman, Zane Burke and Jennifer Schneider.

  • How many employees does Livongo have?

    Livongo has 615 employees.

  • What is Livongo revenue?

    Latest Livongo annual revenue is $170.2 m.

  • What is Livongo revenue per employee?

    Latest Livongo revenue per employee is $276.7 k.

  • Who are Livongo competitors?

    Competitors of Livongo include Glooko, Virta Health and Omada Health.

  • Where is Livongo headquarters?

    Livongo headquarters is located at 150 W Evelyn Ave #150, Mountain View.

  • Where are Livongo offices?

    Livongo has offices in Mountain View, Chicago, Denver and San Francisco.

  • How many offices does Livongo have?

    Livongo has 4 offices.