About Advocate Technology Solutions
Advocate Technology Solutions is a Healthcare company based in Pasadena (United States) founded in 2010, and was acquired by Cobalt Ventures in March 2017. Utilization Review and Case Management Software Solution. It operates in the Healthcare and Technology sectors. The company was acqui-hired. Its focus areas include Enterprise Applications, Business Intelligence, Data Discovery and Visualization and Reporting and Dashboarding. Its competitors include IQVIA, Drata and TapClicks; 2 of its 3 listed competitors have raised funding.
Company details
Advocate technology Solutions offers VCMS - a case management and utilization review software. Users can run standardized reports that give real-time information about utilization and case management programs. VCMS has built-in compliance control tools whcih automatically calculate and prioritize utilization review timeframes based on review type, and allows users to set alerts. The software also captures and maintains a history of communication regarding each review to document compliance. Users can set up auto-approval rules, capture billing entries and invoices, keep track of your case management notes, create template letters and status reports, and store and retrieve medical records. It is HIPAA and SOC3 compliant.
- Headquarters Pasadena, United States
- Stage Acquired
- SectorsHealthcareTechnology
- Website advotechsol.com
- Social LinkedIn
- Acquired by Cobalt Ventures (Mar 2017)
- Investors
- Acquired byCobalt Ventures
(Mar 2017)
Investors in Advocate Technology Solutions
Advocate Technology Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cobalt Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on buyouts and equity investments in the healthcare sector | cobalt-ventures.com | Kansas City, United States |
Investor details for Advocate Technology Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Advocate Technology Solutions
2 dated milestones of Advocate Technology Solutions across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Advocate Technology Solutions is founded.
- Exit Acquired by Cobalt Ventures.
Competitors of Advocate Technology Solutions
Advocate Technology Solutions has 3 listed competitors in our database, 2 of them funded. They include IQVIA, Drata and TapClicks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iqvia.com | 1982 | Durham, United States | 88,000 | Clinical research and commercialization solutions are provided for healthcare. | ||
| drata.com | 2020 | San Diego, United States | $328.24M | 393 | Risk assessment and management solutions are provided for enterprises. | |
| tapclicks.com | 2011 | San Jose, United States | $23.5M | 64 | Cloud based marketing management platform for businesses |
Detailed competitors of Advocate Technology Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 Advocate Technology Solutions (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Advocate Technology Solutions
Advocate Technology Solutions was founded in 2010.
Advocate Technology Solutions is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Advocate technology Solutions offers VCMS - a case management and utilization review software. Users can run standardized reports that give real-time information about utilization and case management programs. VCMS has built-in compliance control tools whcih automatically calculate and prioritize utilization review timeframes based on review type, and allows users to set alerts. The software also captures and maintains a history of communication regarding each review to document compliance. Users can set up auto-approval rules, capture billing entries and invoices, keep track of your case management notes, create template letters and status reports, and store and retrieve medical records. It is HIPAA and SOC3 compliant.
Advocate Technology Solutions has 1 investor. Key investors include Cobalt Ventures.
Yes. Advocate Technology Solutions was acquired by Cobalt Ventures in March 2017.