ActualMeds

East Hartford, United States Founded: 2009 • Age: 17 yrs
Medication reconciliation and management are facilitated for high-risk patients.
Annual revenue - Latest available
Total funding $7.8M 7 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About ActualMeds

ActualMeds is a company based in East Hartford (United States) founded in 2009 by Anne Marie Biernacki and Patricia Neafsey. ActualMeds has raised $7.76 million across 7 funding rounds from investors including Connecticut Innovations. ActualMeds offers products and services including InConcert Medication Management Platform, Medication Reconciliation, and Chronic Disease Adherence. ActualMeds operates in a competitive market with competitors including AllazoHealth, RxAnte, AdhereHealth, DayaMed and Pilleve, among others.

  • Headquarter East Hartford, United States
  • Founders Anne Marie Biernacki, Patricia Neafsey
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.76 M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.25 M (USD), Series A

    Sep 27, 2016

  • Investors
  • Employee Count
    Not available
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Products & Services of ActualMeds

ActualMeds offers a comprehensive portfolio of products and services, including InConcert Medication Management Platform, Medication Reconciliation, and Chronic Disease Adherence.

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Primary

Platform for managing patient medications and reducing readmissions through automated outreach.

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Service to ensure accurate medication history during care transitions and improve outcomes.

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Program for monitoring and optimizing medication for chronic conditions to prevent hospitalizations.

Funding Insights of ActualMeds

ActualMeds has successfully raised a total of $7.76M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.25 million completed in September 2016. 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 ActualMeds

ActualMeds has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Connecticut Innovations.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital services for biotech, IT, and innovative sectors in Connecticut.
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Investments & Acquisitions by ActualMeds

Investments
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Investment portfolio details for ActualMeds

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Financial Statements - ActualMeds

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Actualmeds Comparisons

ActualMeds Primary company
Description
Medication reconciliation and management are facilitated for...
Location
East Hartford, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ActualMeds

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Competitors of ActualMeds

ActualMeds 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 AllazoHealth, RxAnte, AdhereHealth, DayaMed and Pilleve, among others.

Company Name Domain Founded year HQ Location Description
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Analytics services for enhancing medication adherence are offered.
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Utilizing predictive analytics to improve the quality of prescription medication use.
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Medication adherence platform is provided for healthcare professionals and patients.
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Mobile app for medication reminders, tracking, and clinician consultations with insurance coverage.
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Platform for monitoring and screening opioid abuse
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Detailed competitors of ActualMeds

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Latest news on Actualmeds

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Frequently Asked Questions about ActualMeds

ActualMeds was founded in 2009 and raised its 1st funding round 2 years after it was founded.

ActualMeds is headquartered in East Hartford, United States. It is registered at East Hartford, Connecticut, United States.

ActualMeds is a funded company, having raised a total of $7.76M across 7 funding rounds to date.

ActualMeds provides medication reconciliation on demand at point of care and to automate the process for the care team. It combines medication information from the electronic health record, Health Information Exchanges, prescription claims databases, and a direct provider-conducted structured interview with the patient, it produces the best possible medication history (BPMH). Information displayed from Provider, Payer and Patient is validated and aligned and ready for reconciliation. The company provides Know My Meds, a Web-based solution that is designed to be used by older adults andor their caregivers to keep an up to date record of their medications, including the prescription drugs, OTC, and supplements they are taking.

ActualMeds's top competitors include AllazoHealth, AdhereHealth and RxAnte.

ActualMeds offers InConcert Medication Management Platform, Medication Reconciliation, and Chronic Disease Adherence.

ActualMeds has 1 investor. Key investors include Connecticut Innovations.

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