About ABI Health
ABI Health is a company based in Bengaluru (India) founded in 2013 by Ajit Veerppan. ABI Health has raised $16.9 million across 13 funding rounds from investors including Lighthouse Canton, Parkview Health and Norwest Venture Partners. The company has 41 employees as of April 05, 2024. ABI Health offers products and services including Insurance Desk Management, HIS Integration, Comprehensive Patient Services, and Customised Dashboards. ABI Health operates in a competitive market with competitors including athenahealth, Perfios, Optum, Notable and Symplr, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 05 Apr, 2024
- Founders Ajit Veerppan
- Stage Minicorn
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Sectors
HealthcareFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Abi-Health Technologies Private Limited
- Date of Incorporation 06 Oct, 2008
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$1.63 M (USD)1.33as on Mar 31, 2022
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Net Profit
-$496.39 K (USD)-11.72as on Mar 31, 2022
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EBITDA
-$145.69 K (USD)-298.87as on Mar 31, 2022
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Total Equity Funding
$16.9 M (USD)
in 13 rounds
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Latest Funding Round
$10 M (USD), Series A
Nov 10, 2023
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Investors
Lighthouse Canton
& 18 more
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Employee Count
41
as on Apr 05, 2024
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Products & Services of ABI Health
ABI Health offers a comprehensive portfolio of products and services, including Insurance Desk Management, HIS Integration, Comprehensive Patient Services, and Customised Dashboards.
Simplifies insurance claims and queries for healthcare providers
Connects departments for unified hospital workflows
Handles registration, tracking, and billing for patients
Offers insights for tracking metrics and reducing errors
People of ABI Health
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Leadership Team
2 people
Service Team
1 people
Data Analysis and Operations Team
1 people
Sales and Marketing
1 people
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Funding Insights of ABI Health
ABI Health has successfully raised a total of $16.9M across 13 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ABI Health
ABI Health has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lighthouse Canton, Parkview Health and Norwest Venture Partners.
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Private equity firm focused on life sciences investments in India.
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Private equity firm focused on multiple sectors
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Private equity investments are directed across multiple sectors.
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Investor details for ABI Health
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Investments & Acquisitions by ABI Health
Investment portfolio details for ABI Health
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- Transaction dates
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Financial Statements - ABI Health
Detailed financials for ABI Health
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Abi Health Comparisons
Peer comparison for ABI Health
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Competitors of ABI Health
ABI Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as athenahealth, Perfios, Optum, Notable and Symplr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based administrative tools for healthcare providers are offered.
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Provides financial technology solutions for data analysis and verification globally.
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Optum is recognized as a leading health solution and care delivery organization.
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Wearable device provided for capturing patient-doctor interactions.
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Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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Hospital management software is provided for patient care processes.
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Detailed competitors of ABI Health
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Latest news on Abi Health
Complete news archive for ABI Health
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Frequently Asked Questions about ABI Health
ABI Health was founded in 2013 and raised its 1st funding round 1 year after it was founded.
ABI Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ajit Veerppan is the current CEO of ABI Health. They have also founded this company.
ABI Health is a funded company, having raised a total of $16.9M across 13 funding rounds to date.
As of Apr 05, 2024, the latest employee count at ABI Health is 41.
Annual revenue of ABI Health is $1.63M as on Mar 31, 2022.
ABI Health was founded in 2013 in Bengaluru, India, within the healthcare technology sector. Operations are focused on AI tools that manage insurance claims, automate laboratory workflows, and support patient services. Key services include AI agents for claim processing, Fabric LIMS for lab automation, evoke.ai for result certification, hospital information system integration, and customized dashboards for tracking. Efficiency in healthcare settings is targeted through these implementations.
ABI Health's top competitors include athenahealth, Perfios and Optum.
ABI Health offers Insurance Desk Management, HIS Integration, Comprehensive Patient Services, and Customised Dashboards.
ABI Health has 19 investors. Key investors include Lighthouse Canton, Parkview Health, Norwest Venture Partners, TriNova Inc, and Attune.
The valuation of ABI Health is $16.2M as of Jun 2021.