About Alpha II
Alpha II is a company based in Tallahassee (United States) founded in 1983.. The company has 96 employees as of December 31, 2022. Alpha II has completed 2 acquisitions, including Health eFilings and RCxRules. Alpha II offers products and services including Aptarro-RevCycle Engine, Aptarro-HCC Coding, Aptarro-ClaimStaker, and Aptarro-MIPS. Alpha II operates in a competitive market with competitors including Access Healthcare, Performant Financial, Adonis, CorroHealth and Sagility, among others.
- Headquarter Tallahassee, United States
- Employees 96 as on 31 Dec, 2022
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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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- Legal Name Alpha Ii, Llc
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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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Investors
TA Associates
& 2 more
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Employee Count
96
as on Dec 31, 2022
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Investments & Acquisitions
Health eFilings
& 1 more
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Products & Services of Alpha II
Alpha II offers a comprehensive portfolio of products and services, including Aptarro-RevCycle Engine, Aptarro-HCC Coding, Aptarro-ClaimStaker, and Aptarro-MIPS. 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.
AI-assisted tool to optimize billing processes and reduce errors.
Real-time review for accurate encounter coding and revenue recovery.
Proactive solution to minimize denials and improve claim accuracy.
Ensures compliance and optimizes quality reporting for healthcare.
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Funding Insights of Alpha II
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Private Equity Round - Alpha II | Valuation |
investors |
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| Nov, 2016 | Amount | Private Equity Round - Alpha II | Valuation |
investors |
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| Nov, 2016 | Amount | Debt – Conventional - Alpha II | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Alpha II
Alpha II has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TA Associates, WestView Capital Partners and Abacus Finance. 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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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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WestView Capital is focused on growth-oriented company investments.
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Founded Year | Domain | Location | |
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Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
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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 Alpha II
Alpha II has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Health eFilings and RCxRules. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based software is utilized for CMS program compliance in clinics.
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2014 | ||||
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Revenue cycle management solutions are offered to healthcare providers.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alpha II
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Alpha Ii Comparisons
Competitors of Alpha II
Alpha II 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 Access Healthcare, Performant Financial, Adonis, CorroHealth and Sagility, 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 |
Provider of revenue cycle management, BPO, IT, and finance and accounting services
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| domain | founded_year | HQ Location |
Recovery solutions for government obligations are provided by Performant Financial.
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| domain | founded_year | HQ Location |
Adonis is focused on healthcare revenue cycle management software.
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| domain | founded_year | HQ Location |
Healthcare revenue cycle management services are delivered to providers.
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| domain | founded_year | HQ Location |
Healthcare outsourcing, revenue management, and technology solutions are provided.
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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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| domain | founded_year | HQ Location |
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 Alpha Ii
Frequently Asked Questions about Alpha II
When was Alpha II founded?
Alpha II was founded in 1983 and raised its 1st funding round 33 years after it was founded.
Where is Alpha II located?
Alpha II is headquartered in Tallahassee, United States. It is registered at Tallahassee, Florida, United States.
How many employees does Alpha II have?
As of Dec 31, 2022, the latest employee count at Alpha II is 96.
What does Alpha II do?
Alpha II was founded in 1983 in Tallahassee, United States, focusing on healthcare software. Platforms are developed to assist coding, compliance, claims editing, and revenue analysis for professionals, clearinghouses, and government entities. Integration occurs with electronic health records, practice management, and hospital information systems. Products such as ClaimStaker for claim scrubbing, CodeWizard for code search and edits, and CodingSystem for web-based coding are offered.
Who are the top competitors of Alpha II?
Alpha II's top competitors include Access Healthcare, GeBBS and Sagility.
What products or services does Alpha II offer?
Alpha II offers Aptarro-RevCycle Engine, Aptarro-HCC Coding, Aptarro-ClaimStaker, and Aptarro-MIPS.
How many acquisitions has Alpha II made?
Alpha II has made 2 acquisitions, including Health eFilings, and RCxRules.
Who are Alpha II's investors?
Alpha II has 3 investors. Key investors include TA Associates, WestView Capital Partners, and Abacus Finance.
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