About Alteon Health
Alteon Health is a company based in Germantown (United States) founded in 1972 was acquired by US Acute Care Solutions in February 2022.. Alteon Health has raised $38.62 million across 6 funding rounds from investors including Frazier Healthcare Partners, US Acute Care Solutions and New Mountain Capital. The company has 1,866 employees as of December 31, 2022. Alteon Health offers products and services including Acute Care Services and Patient and Clinician Support.
- Headquarter Germantown, United States
- Employees 1866 as on 31 Dec, 2022
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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 Alteon 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
$38.62 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Frazier Healthcare Partners
& 2 more
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Employee Count
1866
as on Dec 31, 2022
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Acquired by
US Acute Care Solutions
(Feb 01, 2022)
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Products & Services of Alteon Health
Alteon Health offers a comprehensive portfolio of products and services, including Acute Care Services and Patient and Clinician Support. 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.
Acute care is provided to patients in hospital settings, focusing on emergency and ongoing medical needs
Support services are offered to clinicians and hospital leaders, including program management and compliance resources
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Funding Insights of Alteon Health
Alteon Health has successfully raised a total of $38.62M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(30 Apr 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Unspecified - Alteon Health | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Alteon Health | Valuation |
investors |
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| May, 2016 | Amount | Series A - Alteon Health | Valuation |
investors |
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| 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 Alteon Health
Alteon Health has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Frazier Healthcare Partners, US Acute Care Solutions and New Mountain Capital. 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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Healthcare sector private equity investments are managed by the firm.
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Founded Year | Domain | Location | |
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New Mountain Capital manages investments in private equity, credit, and net lease strategies.
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Founded Year | Domain | Location | |
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Acute care hospital management services are provided by physician-owned group.
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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 Alteon Health
| 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 - Alteon Health
| 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 |
Alteon Health Comparisons
Competitors of Alteon Health
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Alteon Health
When was Alteon Health founded?
Alteon Health was founded in 1972 and raised its 1st funding round 42 years after it was founded.
Where is Alteon Health located?
Alteon Health is headquartered in Germantown, United States.
Is Alteon Health a funded company?
Alteon Health is a funded company, having raised a total of $38.62M across 6 funding rounds to date. The company's 1st funding round was a Series A of $10.42M, raised on Apr 30, 2014.
How many employees does Alteon Health have?
As of Dec 31, 2022, the latest employee count at Alteon Health is 1,866.
What does Alteon Health do?
Alteon Health was founded in 1972 in Germantown, United States, and operates in the healthcare sector. Analytics and evidence-based strategies are offered to support hospitals, physicians, and patients in acute care settings. Innovation and performance improvements are emphasized through dedicated systems that address operational challenges in medical environments. Services focus on enhancing care delivery across various acute medicine contexts.
What products or services does Alteon Health offer?
Alteon Health offers Acute Care Services and Patient and Clinician Support.
Who are Alteon Health's investors?
Alteon Health has 3 investors. Key investors include Frazier Healthcare Partners, US Acute Care Solutions, and New Mountain Capital.