Among the latest hires at Austin-based Everly Health Inc. are a chief financial officer from streaming video company Tubi and an executive who helped shepherd ridesharing company Lyft through its 2019 initial public offering.
The parent company of health testing unicorn Everlywell Inc. announced the hires Sept. 1, as well as the addition of a Google executive to its board of directors.
Chris Bishko, who was CFO at Tubi when it was acquired in 2020 by Fox Corp. for $440 million, has been named Everly Health's CFO, while Lyft veteran Kristina Omari has been named executive vice president of finance. Kristin Reinke, a Google vice president and its head of finance, is now an Everly Health director and will head up the board's audit committee. Reinke has been with Google since 2005.
"The collective experience of these world-class finance leaders will usher Everly Health into a period of unprecedented progress and innovation as we look to cement our leadership position in the $300 billion diagnostics-driven digital health industry," Julia Cheek, CEO and founder of Everly Health, said in a statement.
Bishko is a 20-year veteran in finance at high-growth companies, according to the announcement. Previous stops include more than a decade as an executive director at JPMorgan, nearly three years as a partner with venture capital firm Omidyar Technology Ventures and two years as CFO of online marketplace Credible, according to his LinkedIn page.
Omari has three decades of finance experience, including stops with PaineWebber, Lehman Brothers, Hewlett-Packard, Adobe and Fitbit, according to her LinkedIn page. Omari was vice president of corporate development at Lyft for more than three years and "orchestrated the process for Lyft's 2019 public offering," according to the Everly Health announcement — which could come in handy if Everly Health decides to go public.
The company was valued at $1.3 billion late last year when it raised $175 million, a seven-fold increase in valuation from a year prior. The company put those funds to quick use, announcing March 24 that it had acquired a pair of companies that provide lab testing services: PWNHealth and Home Access Health Corp. At the same time, Everlywell announced the formation of Everly Health.
Those acquisitions boosted Everly Health's headcount to 500, up from 88 in February 2020. The company now employs nearly 600, according to Everlywell Director of Communications Christina Song.
Bloomberg reported that Everlywell's valuation soared to $2.9 billion after the acquisitions.
When asked about a potential IPO, Cheek said in a statement that she was "excited about the future of Everly Health and the opportunity to grow to serve even more Americans — certainly, these appointments positions us to do so."
"While we’re always open to opportunities that best serve our customers and shareholders, at this time our priority is integrating the PWNHealth and Home Access Health Corporation businesses," Cheek added.
Everlywell was also one of 11 Austin companies to land on the most recent Inc. 5000, ranking No. 219 on the list of the nation's fastest growing private companies.
