Acclaris

Tampa, United States Founded: 2001 • Age: 25 yrs Acquired By Willis Towers Watson
Consumer-driven healthcare is managed for health plans and administrators.

About Acclaris

Acclaris is a Healthcare company based in Tampa (United States) founded in 2001, and was acquired by Willis Towers Watson in May 2015. Consumer-driven healthcare is managed for health plans and administrators. Acclaris has raised $53.1 million across 6 funding rounds from investors including HarbourVest Partners, Willis Towers Watson and Updata Partners. Its Indian entity Ironsource India Private Limited reported revenue of β‚Ή21.75 Cr. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its competitors include CiOX Health, Emdeon and InstaMed; 2 of its 3 listed competitors have raised funding.

Company details

Acclaris was founded in 2001 and is headquartered in Tampa, United States. Operations center on consumer-driven healthcare within the financial technology sector. Integrated services are delivered to health plans, financial institutions, third-party administrators, and benefits administrators. Account options such as FSA, HRA, and HSA plans are supported, allowing branded experiences for clients. Efficiency is enhanced for administrators, employers, and members through expert systems and high-volume processes.

Key Metrics
  • Indian entity revenue
    ₹21.75 Cr

    FY 2025 · +206% YoY

  • Indian entity net profit
    ₹3.79 Cr

    FY 2025 · 17% margin

  • Indian entity EBITDA
    ₹5.88 Cr

    FY 2025 · 27% margin

  • Total Equity Funding
    $53.1M (USD)

    in 6 rounds

  • Latest Funding Round
    $5M (USD), Series B

    Dec 2013

  • Investors
  • Acquired by
    Willis Towers Watson

    & 1 more

    (May 2015)

Funding Insights of Acclaris

Acclaris has successfully raised a total of $53.1M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in December 2013. 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 $53.1M
  • Total Rounds 6
  • Last Round Series B β€” $5M
  • First Round $5M

    (Jul 2004)

  • Investors Count 4

All 6 funding rounds of Acclaris with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2013$5MSeries B––
–
Jul 2010$35.1MSeries B––
–
Mar 2009$5MSeries A––
Jan 2009$1MSeries A––
–
Jan 2007$2MSeries A––
Jul 2004$5MSeries A––
Valuation history

8 investors in total: 8 institutional.

Investors in Acclaris

Acclaris has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include HarbourVest Partners, Willis Towers Watson and Updata Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
VC and private debt investments are directed toward multiple sectors.
escalatecapital.comAustin, United States
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
mmvf.comToronto, Canada
Private equity investments are directed toward multiple sectors.
1998updata.com
Staley Capital is involved in unspecified business activities.
staleycapital.comWellesley, United States
Private market investment solutions are offered to institutional clients.
1982harbourvest.comBoston, United States
Stage-agnostic investments in US ventures are made by Trident Capital.
tridentcap.comPalo Alto, United States
Offers recruitment process outsourcing, executive search, and talent advisory for companies.
2011lioninvestments.comTampa, United States
Risk management and insurance brokerage services are offered worldwide.
1828willistowerswatson.comLondon, United Kingdom
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Investor details for Acclaris

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Board of directors of Ironsource India Private Limited (Acclaris)

Ironsource India Private Limited is the primary company behind Acclaris. The board of Ironsource India Private Limited currently have 4 directors; the longest-serving is Nora Sen Go, appointed in 2024. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nora Sen Go
DIN 10531941
Director04 Mar 20242 yrs 8 moIronsource India Private Limited
Bhagavant Bedi
DIN 08005696
Director21 Nov 20241 yr 11 moIronsource India Private Limited
Jasmine De Layton
DIN 10792925
Director08 Jul 20251 yr 4 moIronsource India Private Limited
Shridhar Subbaraman Iyer
DIN 07151577
Director30 Oct 20251 yrIronsource India Private Limited

People of Acclaris

24 people are tracked at Acclaris (4 in leadership, 20 in team).

NameRoleGroup
Latha Dantuluri
Director Of Product DeliveryLeadership
Abhijit Bhattacharyya
Associate Vice President - OperationsLeadership
Matthew Morrison
Vice President Consumer Services, Strategic Account Executive, Director Of Participant ServicesLeadership
Anthony Lopreto Cissp
Director Of Information SecurityLeadership
Karl Kienegger
Product OwnerTeam
Lisa Wiles
Operations Manager/product SMETeam
Quinton Gordon
Application AdministratorTeam
Brian Etchieson
Sr. Information Security AnalystTeam
Somnath Modak
AnalystTeam
Vicki Ayers
Business AnalystTeam
Abigail Vega Girard
Financial Operations AssociateTeam
Sam G
Salesforce Administrator/developerTeam
Prasenjit Datta
Production EngineerTeam
Debdatta Pal
Senior Business AdvisorTeam
Stephanie Asaro
Claims AnalystTeam
Ranajoy Singha
Data AnalystTeam
Gautam Mitra
Senior Manager - OperationsTeam
Nashika Thomas
Service Delivery ManagerTeam
Sankha Subhra Sen
ManagerTeam
Rohitaswa de
Senior AnalystTeam

4 more people are available in the full profile.

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Financials of Acclaris

Figures of Ironsource India Private Limited, the primary company behind Acclaris, for FY 2025. Revenue was ₹21.75 Cr (+206% year on year). Net profit was ₹3.79 Cr (17% margin). EBITDA was ₹5.88 Cr (27% margin). Revenue has grown at a compounded annual rate of +87% over three years and +59% over five years.

  • ₹21.75 CrRevenue · FY 2025 · +206% YoY
  • ₹3.79 CrNet profit · 17% margin
  • ₹5.88 CrEBITDA · 27% margin
  • ₹1 LakhPaid-up capital
  • 21Employees (provident fund records)
  • +87%Revenue CAGR, 3 years
  • +59%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ironsource India Private Limited are on its company page.

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Detailed financial statements for Acclaris

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Timeline of Acclaris

5 dated milestones of Acclaris across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Acclaris is founded.
  2. Funding First funding round of $5.0M.
  3. Exit Acquired by Staley Capital Management.
  4. Funding Latest funding round, Series B, of $5.0M.
  5. Exit Acquired by Willis Towers Watson.

Competitors of Acclaris

Acclaris has 3 listed competitors in our database, 2 of them funded. They include CiOX Health, Emdeon and InstaMed.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cioxhealth.com1976Alpharetta, United States$30M7,793
Suite of health information management solutions for healthcare providers and payers
emdeon.com1986Nashville, United States11,544
Provides revenue and payment cycle management solutions
instamed.com2004Philadelphia, United States$123.24M275
Healthcare bill payments are facilitated for providers and patients.
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Detailed competitors of Acclaris

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Web traffic of Acclaris

Websites that share an audience with Acclaris (acclaris.com).

Similar websites

Websites whose visitors overlap most with Acclaris. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
connectyourcare.com
100%
235.4K#132,599View details
flexfacts.com
flexfacts.com
94%
#1,202,852–
dbsbenefits.com
dbsbenefits.com
94%
#410,663–
benesyst.net
benesyst.net
91%
–
padmin.com
padmin.com
80%
#139,531–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Acclaris (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Acclaris

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Frequently Asked Questions about Acclaris

Acclaris was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Acclaris is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.

Acclaris is a funded company, having raised a total of $53.1M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jul 2004.

The primary company behind Acclaris, Ironsource India Private Limited, reported revenue of β‚Ή21.75 Cr for FY 2025, up 206% year on year.

Acclaris was founded in 2001 and is headquartered in Tampa, United States. Operations center on consumer-driven healthcare within the financial technology sector. Integrated services are delivered to health plans, financial institutions, third-party administrators, and benefits administrators. Account options such as FSA, HRA, and HSA plans are supported, allowing branded experiences for clients. Efficiency is enhanced for administrators, employers, and members through expert systems and high-volume processes.

Acclaris's top competitors include InstaMed, Emdeon and CiOX Health.

Acclaris operates through Ironsource India Private Limited.

Yes. Acclaris was acquired by Willis Towers Watson in May 2015.

The legal entities of Acclaris currently have 4 directors, including Nora Sen Go, Bhagavant Bedi, Shridhar Subbaraman Iyer and others.

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