Anodyne Health

Alpharetta, United States Founded: 2003 • Age: 23 yrs Acquired By athenahealth
Business intelligence software is provided for healthcare revenue cycles.

About Anodyne Health

Anodyne Health is a company based in Alpharetta (United States) founded in 2003 was acquired by athenahealth in October 2009.. Anodyne Health has raised $5.6 million across 1 funding round from investors including athenahealth, Frontier Capital and BPEA Private Equity. Anodyne Health operates in a competitive market with competitors including Sanlam, LOGEX, KenSci, Strata Decision and Provide, among others.

  • Headquarter Alpharetta, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Anodyne Health Partners, Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.6 M (USD), Series A

    Sep 27, 2006

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    athenahealth

    (Oct 05, 2009)

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Funding Insights of Anodyne Health

Anodyne Health has successfully raised a total of $5.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.6 million completed in September 2006. 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 Rounds 1
  • Last Round Series A — $5.6M
  • First Round

    (27 Sep 2006)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2006 Amount Series A - Anodyne Health Valuation Frontier Capital , BPEA
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 Anodyne Health

Anodyne Health has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include athenahealth, Frontier Capital and BPEA Private Equity. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
A private equity firm based in Boston is operated.
Founded Year Domain Location
-
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 Anodyne Health

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 - Anodyne Health

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

Anodyne Health Comparisons

Employees
+
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Competitors of Anodyne Health

Anodyne Health 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 Sanlam, LOGEX, KenSci, Strata Decision and Provide, 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
Provider of life insurance services
domain founded_year HQ Location
Healthcare financial management solutions are developed for institutions and physicians.
domain founded_year HQ Location
Machine learning-based predictive analytics platform for healthcare risk prediction.
domain founded_year HQ Location
Cloud-based financial analytics platform is provided to healthcare providers.
domain founded_year HQ Location
Financial management software is provided for healthcare professionals.
domain founded_year HQ Location
SaaS financial workflow software is offered for therapists.
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 Anodyne Health

Frequently Asked Questions about Anodyne Health

When was Anodyne Health founded?

Anodyne Health was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Anodyne Health located?

Anodyne Health is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.

Is Anodyne Health a funded company?

Anodyne Health is a funded company, having raised a total of $5.6M across 1 funding round to date. The company's 1st funding round was a Series A of $5.6M, raised on Sep 27, 2006.

What does Anodyne Health do?

Anodyne Health was established in 2003 in Alpharetta, United States, within the healthcare sector. Solutions in business intelligence are offered to providers serving large and enterprise markets. Web-based tools are employed to facilitate access to revenue cycle data. Management of revenue cycles is enabled through specialized analytics and sector knowledge, supporting operational needs in the industry.

Who are the top competitors of Anodyne Health?

Anodyne Health's top competitors include LOGEX, Strata Decision and Sanlam.

Who are Anodyne Health's investors?

Anodyne Health has 5 investors. Key investors include athenahealth, Frontier Capital, BPEA Private Equity, Maine Venture Fund, and 424 Capital.

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