# WebMD

WebMD is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** webmd.com
- **LinkedIn:** https://www.linkedin.com/company/webmd

## Regulatory record

- **Reports private funds:** No

## About

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.

## Questions

### 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.

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Last updated: 2026-06-03T20:00:00.000Z

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