About AllyAlign
AllyAlign is a company based in Glen Allen (United States) founded in 2013.. AllyAlign has raised $310 million across 4 funding rounds from investors including Health Enterprise Partners, Ziegler and NEA. The company has 407 employees as of December 31, 2022. AllyAlign offers products and services including Medicare Special Needs Plans and Custom Consultation. AllyAlign operates in a competitive market with competitors including Verily, Wellframe, Memora Health, MD Revolution and Medlinker, among others.
- Headquarter Glen Allen, United States
- Employees 407 as on 31 Dec, 2022
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Phone
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Website
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Social
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- Legal Name Allyalign Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$310 M (USD)
in 4 rounds
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Latest Funding Round
$300 M (USD), Series B
Jun 11, 2021
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Investors
Health Enterprise Partners
& 6 more
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Employee Count
407
as on Dec 31, 2022
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Products & Services of AllyAlign
AllyAlign offers a comprehensive portfolio of products and services, including Medicare Special Needs Plans and Custom Consultation. 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.
Tailored plans for seniors with specific conditions and needs.
Personalized strategies to optimize Medicare benefits for providers.
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Leadership Team
43 people
Operations Team
23 people
Software Development Team
18 people
Sales and Marketing
9 people
Legal and Compliance
8 people
Product Management Team
3 people
Senior Team
3 people
Finance and Accounting
3 people
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Funding Insights of AllyAlign
AllyAlign has successfully raised a total of $310M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $300 million completed in June 2021. 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 4
- Last Round Series B — $300.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - AllyAlign | Valuation | New Enterprise Associates | |
| Apr, 2019 | Amount | Series A - AllyAlign | Valuation | McKesson Ventures | |
| Sep, 2018 | Amount | Seed - AllyAlign | Valuation |
investors |
| 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 AllyAlign
AllyAlign has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Health Enterprise Partners, Ziegler and NEA. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investments are made in early-stage healthtech and fintech startups.
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Founded Year | Domain | Location | |
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Healthcare challenges are addressed through strategic investments by Town Hall Ventures.
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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 AllyAlign
| 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 - AllyAlign
| 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 |
Allyalign Comparisons
Competitors of AllyAlign
AllyAlign 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 Verily, Wellframe, Memora Health, MD Revolution and Medlinker, 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-based solutions for health management are provided.
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Mobile and AI-based platform offering support to providers for better patient engagement
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Mobile messaging platform is utilized for chronic disease management.
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Predictive analytics SaaS platform for patient engagement is provided.
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Social networking for healthcare professionals is facilitated by Medlinker.
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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 Allyalign
Frequently Asked Questions about AllyAlign
When was AllyAlign founded?
AllyAlign was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is AllyAlign located?
AllyAlign is headquartered in Glen Allen, United States. It is registered at Glen Allen, Virginia, United States.
Is AllyAlign a funded company?
AllyAlign is a funded company, having raised a total of $310M across 4 funding rounds to date.
How many employees does AllyAlign have?
As of Dec 31, 2022, the latest employee count at AllyAlign is 407.
What does AllyAlign do?
AllyAlign Health offers a cloud-based care coordination platform for long-term-care providers to manage the cost and quality of care for patients with chronic and complex medical conditions. The platform also connects patients and care teams to patient health information, care plans, and benefits information needed to make care decisions, as well as enables users to view, share, create, and update information based on roles and responsibilities. Technology tools offered by the company are Align360, for personalized comprehensive assessment and individual plan of care, WellnessAlign, for a wellness visit and reporting, ReferAlign, for referral pattern tracking, and BillingAlign, for claims submission and payments.
Who are the top competitors of AllyAlign?
AllyAlign's top competitors include Verily, Memora Health and Wellframe.
What products or services does AllyAlign offer?
AllyAlign offers Medicare Special Needs Plans and Custom Consultation.
Who are AllyAlign's investors?
AllyAlign has 7 investors. Key investors include Health Enterprise Partners, Ziegler, NEA, Oak HC/FT, and Town Hall Ventures.
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