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WebMD
WebMD is a US-based company founded in 1996 with headquarters in Newark. It provides online health information to consumers and professionals.
WebMD
WebMD is a US-based company founded in 1996 with headquarters in Newark. It provides online health information to consumers and professionals. The company has secured $289 million in total funding.
General information
Firm type
Asset Manager
Year founded
1996
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Frequently asked questions
Why is WebMD appearing in a family-office database?
It should not be. WebMD is a consumer digital health publisher and advertising business, not an investment entity. Its presence here likely stems from a data misclassification — possibly conflating the company's founding by wealthy individual Jim Clark with a family office structure, or misreading its ownership by private equity giant KKR as a family capital vehicle.
Who owns WebMD today?
WebMD is owned by Internet Brands, a portfolio company of KKR. Internet Brands acquired WebMD Health Corp. in 2017 in a deal valued at roughly $2.8 billion (per CNBC, 2017) and folded it into its collection of digital media properties.
Does WebMD deploy capital or make investments?
No. WebMD is an operating business generating revenue through advertising and content licensing. It does not operate a fund, make third-party investments, allocate capital to external managers, or engage in any direct investment activity characteristic of a family office, venture firm, or allocator.
What is WebMD's relationship to institutional allocators?
None directly. WebMD is a portfolio holding of KKR and previously of Meredith Corporation. Its relevance to institutional allocators is limited to the fact that it sits inside a large private equity fund — it is a holding, not a fund or an LP itself.
Has WebMD ever operated any investment vehicles?
No. Since its founding in 1996, WebMD has always been a media and technology operating company. Even during its early ambitions to serve as a healthcare transaction hub, it never managed third-party capital or deployed funds into other ventures.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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