Advocate Technology Solutions

Pasadena, United States Founded: 2010 • Age: 16 yrs Acquired By Cobalt Ventures
Utilization Review and Case Management Software Solution

About Advocate Technology Solutions

Advocate Technology Solutions is a company based in Pasadena (United States) founded in 2010 was acquired by Cobalt Ventures in March 2017.. Advocate Technology Solutions operates in a competitive market with competitors including IQVIA, Drata, TapClicks, Hublo and Jaspersoft, among others.

  • Headquarter Pasadena, United States
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Cobalt Ventures

    (Mar 01, 2017)

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Funding Insights of Advocate Technology Solutions

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 Advocate Technology Solutions

Advocate Technology Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cobalt Ventures. 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
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on buyouts and equity investments in the healthcare sector
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 Advocate Technology Solutions

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 - Advocate Technology Solutions

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

Advocate Technology Solutions Comparisons

Employees
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Competitors of Advocate Technology Solutions

Advocate Technology Solutions 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 IQVIA, Drata, TapClicks, Hublo and Jaspersoft, 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
Clinical research and commercialization solutions are provided for healthcare.
domain founded_year HQ Location
Risk assessment and management solutions are provided for enterprises.
domain founded_year HQ Location
Cloud based marketing management platform for businesses
domain founded_year HQ Location
Platform for hospitals to manage staff recruitments and replacements
domain founded_year HQ Location
Provider of open source business-intelligence software
domain founded_year HQ Location
Digital platform for healthcare management and networking is offered.
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 Advocate Technology Solutions

Frequently Asked Questions about Advocate Technology Solutions

When was Advocate Technology Solutions founded?

Advocate Technology Solutions was founded in 2010.

Where is Advocate Technology Solutions located?

Advocate Technology Solutions is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.

What does Advocate Technology Solutions do?

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.

Who are the top competitors of Advocate Technology Solutions?

Advocate Technology Solutions's top competitors include Drata, IQVIA and AVIA.

Who are Advocate Technology Solutions's investors?

Advocate Technology Solutions has 1 investor. Key investors include Cobalt Ventures.

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