About ABI Health
ABI Health is a company based in Bengaluru (India) founded in 2013 by Ajit Veerppan.. ABI Health has raised $16.18 million across 9 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
-
Sectors
HealthcareFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Abi-Health Technologies Private Limited
- Date of Incorporation 06 Oct, 2008
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
-
Annual Revenue
$1.63 M (USD)1.33as on Mar 31, 2022
-
Net Profit
$-496.39 K (USD)-11.72as on Mar 31, 2022
-
EBITDA
$-145.69 K (USD)-298.87as on Mar 31, 2022
-
Total Equity Funding
$16.18 M (USD)
in 9 rounds
-
Latest Funding Round
$10 M (USD), Series A
Nov 10, 2023
-
Investors
Lighthouse Canton
& 18 more
-
Employee Count
41
as on Apr 05, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Unlock access to complete
Leadership Team
2 people
Service Team
1 people
Data Analysis and Operations Team
1 people
Sales and Marketing
1 people
Unlock access to complete
Funding Insights of ABI Health
ABI Health has successfully raised a total of $16.18M across 9 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $10.0M
-
First Round
First Round
(27 Jun 2014)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - ABI Health | Valuation | InvAscent | |
| Sep, 2022 | Amount | Seed - ABI Health | Valuation |
investors |
|
| Jun, 2021 | Amount | Angel Round - ABI Health | Valuation | Ankush Tiwari |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm focused on life sciences investments in India.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Private equity investments are directed across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ABI Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ABI Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abi Health Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based administrative tools for healthcare providers are offered.
|
|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
|
|
| domain | founded_year | HQ Location |
Optum is recognized as a leading health solution and care delivery organization.
|
|
| domain | founded_year | HQ Location |
Wearable device provided for capturing patient-doctor interactions.
|
|
| domain | founded_year | HQ Location |
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
|
|
| domain | founded_year | HQ Location |
Hospital management software is provided for patient care processes.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Abi Health
Frequently Asked Questions about ABI Health
When was ABI Health founded?
ABI Health was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is ABI Health located?
ABI Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ABI Health?
Ajit Veerppan is the current CEO of ABI Health. They have also founded this company.
Is ABI Health a funded company?
ABI Health is a funded company, having raised a total of $16.18M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $41.09K, raised on Jun 27, 2014.
How many employees does ABI Health have?
As of Apr 05, 2024, the latest employee count at ABI Health is 41.
What is the annual revenue of ABI Health?
Annual revenue of ABI Health is $1.63M as on Mar 31, 2022.
What does ABI Health do?
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.
Who are the top competitors of ABI Health?
ABI Health's top competitors include athenahealth, Perfios and Optum.
What products or services does ABI Health offer?
ABI Health offers Insurance Desk Management, HIS Integration, Comprehensive Patient Services, and Customised Dashboards.
Who are ABI Health's investors?
ABI Health has 19 investors. Key investors include Lighthouse Canton, Parkview Health, Norwest Venture Partners, TriNova Inc., and Attune.
What is ABI Health's valuation?
The valuation of ABI Health is $16.28M as of Jun 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.