Amplus

Torrance, United States Founded: 2017 • Age: 9 yrs Acquired By Knowtion Health
AI and automation solutions for insurance policy management are provided.
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About Amplus

Amplus is a company based in Torrance (United States) founded in 2017 was acquired by Knowtion Health in October 2022.. The company has 2 employees as of December 31, 2022. Amplus offers products and services including Self-Pay A/R Management, Conversion Assistance, and Insurance Management. Amplus operates in a competitive market with competitors including Artificial Labs, Leonteq, Web Connectivity, Sagitec and ITM TwentyFirst, among others.

  • Headquarter Torrance, United States
  • Employees 2 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Amplus Group
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    2

    as on Dec 31, 2022

  • Acquired by
    Knowtion Health

    (Oct 07, 2022)

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Products & Services of Amplus

Amplus offers a comprehensive portfolio of products and services, including Self-Pay A/R Management, Conversion Assistance, and Insurance Management. 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.

Primary

Manages accounts receivable for healthcare self-pay systems.

Assists with system conversions in healthcare operations.

Handles insurance claims and management for providers.

Funding Insights of Amplus

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 Amplus

Amplus has secured backing from 1 investor. Prominent investors backing the company include Knowtion Health. 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
Investor Description Founded Year Domain Location
Low balance account audits for payers are provided.
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 Amplus

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 - Amplus

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

Amplus Comparisons

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Competitors of Amplus

Amplus 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 Artificial Labs, Leonteq, Web Connectivity, Sagitec and ITM TwentyFirst, 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
Software solutions provider for Insurers
domain founded_year HQ Location
Products and Services provider for Structured Products
domain founded_year HQ Location
Software solution provider for insurance business processes
domain founded_year HQ Location
Pension administration and unemployment insurance software solutions are provided.
domain founded_year HQ Location
Life insurance policy management and trust administration solutions are provided.
domain founded_year HQ Location
Cloud-based insurance processing and distribution solutions are provided.
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 Amplus

Frequently Asked Questions about Amplus

When was Amplus founded?

Amplus was founded in 2017.

Where is Amplus located?

Amplus is headquartered in Torrance, United States. It is registered at Torrance, California, United States.

How many employees does Amplus have?

As of Dec 31, 2022, the latest employee count at Amplus is 2.

What does Amplus do?

Amplus was founded in 2017 and is based in Torrance, United States. Insurance policy management solutions enabled by AI and automation are offered, with a focus on the healthcare industry. The claim process is automated, predictive dialing for outreach is supported, payment timing is forecasted, denial routing is handled automatically, and detailed reporting is generated for insurance companies.

Who are the top competitors of Amplus?

Amplus's top competitors include Artificial Labs, Leonteq and Web Connectivity.

What products or services does Amplus offer?

Amplus offers Self-Pay A/R Management, Conversion Assistance, and Insurance Management.

Who are Amplus's investors?

Amplus has 1 investor. Key investors include Knowtion Health.

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