The founder of the one-time ‘unicorn’ firm, which has raised over €400m in funding, will remain on the board of the company
Peter Foley, founder and former CEO, LetsGetChecked
Peter Foley, the founder of the online health firm LetsGetChecked that was once valued at over €1bn, has announced he will step down as CEO.
“After ten years, I have decided to step away from my role as CEO of LetsGetChecked and pass the reins to our incredible leadership team to carry on the mission we began a decade ago,” said Mr Foley today.
”I will remain on the Board to continue to support the leadership team.”
The company, started in 2015, has raised over €400m in funding and last year entered a merger-acquisition arrangement with a struggling US pharmacy, Truepill, in a deal reportedly worth $525m.
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Irish investment fund Elkstone has backed the copmany, as have high-profile individuals such as Rory McIlroy.
Last year, LetsGetChecked began a genetic testing service for those checking potential hereditary predispositions to certain medical conditions, such as cancer and cardiovascular problems.
“I am very proud of the progress the company has made over the past decade and the evolution of the platform which now spans across a range of capabilities including diagnostics, genomics, telemedicine and pharmacy,” said Mr Foley.
“I consider myself fortunate to have been the CEO of this company and to have led such a special group of people. I know the company will continue to achieve great things through its collective ambition due to the unwavering commitment that lives within the team for what they do.”
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