Advera Health

Santa Rosa, United States Founded: 2010 • Age: 16 yrs Acquired By TriNetX
Provider of a SaaS based regulatory data analysis and pharmacovigilance platform for life science industry
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About Advera Health

Advera Health is a company based in Santa Rosa (United States) founded in 2010 by Henry Duong was acquired by TriNetX in January 2022.. Advera Health has raised $4.7 million across 3 funding rounds from investors including TriNetX and Evaluate. Advera Health operates in a competitive market with competitors including AccuRx, MedAware, Ameritox, DrugCard and Pyrls, among others.

  • Headquarter Santa Rosa, United States
  • Founders Henry Duong
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $700 K (USD), Series A

    Nov 27, 2018

  • Investors
    TriNetX

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    TriNetX

    (Jan 21, 2022)

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People of Advera Health
Headcount 1000-5000
Employee Profiles 779
Board Members and Advisors 12
Employee Profiles
People
Kathy Damian
Human Capital Consultant
People
Bret Haag
Executive Director, Reliability And Platform Services
People
Whitney Mertz
Lead Organizational Development Consultant
People
Matt Mahoney
Director Of Sales, Bay Area

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Board Members and Advisors
people
H. Raymond Bingham
Board Member
people
Maria Contreras-Sweet
Board Member
people
Ralph Clark
Board Member
people
Jacqueline Kosecoff
Board Member

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Funding Insights of Advera Health

Advera Health has successfully raised a total of $4.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $700 thousand completed in November 2018. 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 Rounds 3
  • Last Round Series A — $700,000
  • First Round

    (15 Apr 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Series A - Advera Health Valuation

investors

Apr, 2014 Amount Series A - Advera Health Valuation Evaluate
Apr, 2014 Amount Series A - Advera Health Valuation

investors

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 Advera Health

Advera Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TriNetX and Evaluate. 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.

All
Institutional
Investor Description Founded Year Domain Location
Pharmaceutical market intelligence and forecasting solutions are provided by Evaluate.
Founded Year Domain Location
Clinical trial management software is provided for researchers and professionals.
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 Advera Health

Investments
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 - Advera Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Advera Health Comparisons

Employees
+
Add Comparison
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Competitors of Advera Health

Advera 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 AccuRx, MedAware, Ameritox, DrugCard and Pyrls, 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
Platform to increase antibiotic prescribing accuracy in primary care
domain founded_year HQ Location
Provider of an AI based medication dosage and safety managing software for healthcare professionals
domain founded_year HQ Location
Pain medication monitoring solutions are provided for US clinicians.
domain founded_year HQ Location
Drug pharmacovigilance solutions are provided for pharmaceutical industries.
domain founded_year HQ Location
Cloud-based practical drug information platform for providers
domain founded_year HQ Location
Clinical decision support software for drug interactions is developed.
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 Advera Health

Frequently Asked Questions about Advera Health

When was Advera Health founded?

Advera Health was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is Advera Health located?

Advera Health is headquartered in Santa Rosa, United States.

Is Advera Health a funded company?

Advera Health is a funded company, having raised a total of $4.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Apr 15, 2014.

What does Advera Health do?

Advera Health was founded in 2010 and is headquartered in Santa Rosa, United States. A SaaS-based platform is provided for the life science industry, focusing on health informatics to enhance patient safety through drug side effect analysis. Services encompass predictive analytics for medication suitability, data intelligence for formulary management, signal detection, drug informatics, and interoperability solutions. Operations support regulatory compliance and pharmacovigilance across healthcare providers.

Who are the top competitors of Advera Health?

Advera Health's top competitors include AccuRx, MedAware and Pyrls.

Who are Advera Health's investors?

Advera Health has 2 investors. Key investors include TriNetX, and Evaluate.

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