About AdhereHealth
AdhereHealth is a company based in Franklin (United States) founded in 2006 by Clayton McWhorter was acquired by Riverside in December 2009.. AdhereHealth has raised $8.8 million across 1 funding round from investors including Riverside Management Group and The Riverside Company. AdhereHealth offers products and services including Adhere Platform, Medication Therapy Management, and Value-Based Care Solutions. AdhereHealth operates in a competitive market with competitors including Capsule, Blink Health, Kinsa, NimbleRx and Phil, among others.
- Headquarter Franklin, United States
- Founders Clayton McWhorter
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.8 M (USD)
in 1 rounds
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Latest Funding Round
$8.8 M (USD), Private Equity Round
Dec 11, 2009
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Investors
Riverside Management Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Riverside
(Dec 10, 2009)
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Products & Services of AdhereHealth
AdhereHealth offers a comprehensive portfolio of products and services, including Adhere Platform, Medication Therapy Management, and Value-Based Care Solutions. 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.
Software for predictive analytics and health equity workflows
Program to resolve drug therapy problems and improve adherence
Tools for enhancing Star Ratings and cost reduction initiatives
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Funding Insights of AdhereHealth
AdhereHealth has successfully raised a total of $8.8M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $8.8 million completed in December 2009. 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 1
- Last Round Private Equity Round — $8.8M
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First Round
First Round
(11 Dec 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2009 | Amount | Private Equity Round - AdhereHealth | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AdhereHealth
AdhereHealth has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Riverside Management Group and The Riverside Company. 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 |
|---|---|---|---|---|
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Riverside Management Group is engaged in providing financial advisory services.
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Founded Year | Domain | Location | |
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Private equity and debt are provided to middle market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AdhereHealth
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AdhereHealth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adherehealth Comparisons
Competitors of AdhereHealth
AdhereHealth 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 Capsule, Blink Health, Kinsa, NimbleRx and Phil, 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 |
An online pharmacy platform is operated for medicine delivery services.
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| domain | founded_year | HQ Location |
Discounted prescription drugs are provided via an online pharmacy platform.
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| domain | founded_year | HQ Location |
Thermometers and mobile apps are provided for tracking fever symptoms.
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| domain | founded_year | HQ Location |
Prescriptions are delivered same-day through an online platform.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adherehealth
Frequently Asked Questions about AdhereHealth
When was AdhereHealth founded?
AdhereHealth was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is AdhereHealth located?
AdhereHealth is headquartered in Franklin, United States.
Who is the current CEO of AdhereHealth?
Jason Rose is the current CEO of AdhereHealth.
Is AdhereHealth a funded company?
AdhereHealth is a funded company, having raised a total of $8.8M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $8.8M, raised on Dec 11, 2009.
What does AdhereHealth do?
AdhereHealth was founded in 2006 and is headquartered in Franklin, United States. The company operates in the healthcare sector, offering a SaaS-based predictive analytics platform focused on medication adherence management. Services include real-time risk predictions for therapies, financial tools for employers and payers, regimen analysis for patients, and in-home prescription delivery. Integrated tools support clinical workflows, predictive modeling, and administrative functions for clinicians and consumers.
Who are the top competitors of AdhereHealth?
AdhereHealth's top competitors include Capsule, Blink Health and Phil.
What products or services does AdhereHealth offer?
AdhereHealth offers Adhere Platform, Medication Therapy Management, and Value-Based Care Solutions.
Who are AdhereHealth's investors?
AdhereHealth has 2 investors. Key investors include Riverside Management Group, and The Riverside Company.