About Adracare
Adracare is a company based in Toronto (Canada) founded in 2018 by James Jang was acquired by WELL Health Technologies Corp in January 2021.. The company has 17 employees as of December 31, 2024. Adracare offers products and services including Adracare Platform, Intake and Forms Management, and Scheduling and Notifications. Adracare operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.
- Headquarter Toronto, Canada
- Employees 17 as on 31 Dec, 2024
- Founders James Jang
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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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Latest Funding Round
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Employee Count
17
as on Dec 31, 2024
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Acquired by
WELL Health Technologies Corp
(Jan 04, 2021)
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Products & Services of Adracare
Adracare offers a comprehensive portfolio of products and services, including Adracare Platform, Intake and Forms Management, and Scheduling and Notifications. 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.
Comprehensive tool for virtual care and administrative tasks in mental health.
System to streamline patient intake and reduce wait times efficiently.
Features for handling appointments and sending automated reminders.
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Funding Insights of Adracare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Adracare
Adracare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include WELL Health Technologies Corp. 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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EMR and virtual care tools are supplied to healthcare providers.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Adracare
| 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 - Adracare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Adracare Comparisons
Competitors of Adracare
Adracare 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, 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 |
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| domain | founded_year | HQ Location |
AI-driven EMR and practice management software is delivered for clinics.
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Cloud-based EHR system is provided for physicians' practices.
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| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
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| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
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| domain | founded_year | HQ Location |
Cloud-based software for dental practice management is developed.
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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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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 Adracare
Frequently Asked Questions about Adracare
When was Adracare founded?
Adracare was founded in 2018.
Where is Adracare located?
Adracare is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Adracare have?
As of Dec 31, 2024, the latest employee count at Adracare is 17.
What does Adracare do?
Adracare was founded in 2018 in Toronto, Canada, within the healthcare technology sector. A SaaS platform is offered to support practice management for professionals. Daily workflows and administrative tasks are streamlined via features including appointment booking, revenue management, patient care coordination, and record maintenance. Operations focus on enhancing efficiency in clinical environments across North America.
Who are the top competitors of Adracare?
Adracare's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.
What products or services does Adracare offer?
Adracare offers Adracare Platform, Intake and Forms Management, and Scheduling and Notifications.
Who are Adracare's investors?
Adracare has 1 investor. Key investors include WELL Health Technologies Corp.