About ApeniMED
ApeniMED is a Healthcare company based in Minneapolis (United States) founded in 2007, and was acquired by IOD Incorporated in October 2013. Automated workflow and interoperability solutions are provided for healthcare providers. ApeniMED has raised $3.85 million across 2 funding rounds from investors including IOD Incorporated. Its chief executive, as recorded, is John Fraser. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Horizontal and Collaboration Platforms. Its competitors include HealthVerity, 1upHealth and Particle Health; 3 of its 3 listed competitors have raised funding.
Company details
ApeniMED was founded in 2007 in Minneapolis, Minnesota, focusing on the healthcare sector. Cloud-based platforms for health information exchange are offered, including automated workflows and connections via the Nationwide Health Information Network gateway. Services support interoperability among providers. The company was acquired by IOD Incorporated in October 2013, with operations centered in the United States.
- Headquarters Minneapolis, United States
- Stage Acquired
- SectorsHealthcare
- Website apenimed.com
- Social LinkedIn X
- Acquired by IOD Incorporated (Oct 2013)
- Total Equity Funding$3.85M (USD)
in 2 rounds
- Latest Funding Round$1.69M (USD), Seed
Sep 2011
- Investors
- Acquired byIOD Incorporated
(Oct 2013)
Funding Insights of ApeniMED
ApeniMED has successfully raised a total of $3.85M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.69 million completed in September 2011. 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 $3.85M
- Total Rounds 2
- Last Round Seed — $1.69M
- First Round $2.16M
(Jul 2010)
All 2 funding rounds of ApeniMED with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | $1.69M | Seed | – | – | – |
| Jul 2010 | $2.16M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in ApeniMED
ApeniMED has secured backing from 1 investor. Prominent investors backing the company include IOD Incorporated.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Health information management solutions are provided to US healthcare providers. | 1996 | iodincorporated.com | Green Bay, United States |
Investor details for ApeniMED
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- Complete investor list
- Round participation
- Investor portfolios
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People of ApeniMED
1 people are tracked at ApeniMED (1 in leadership).
| Name | Role | Group |
|---|---|---|
John Fraser | Ex- CEO | Leadership |
Complete people profiles for ApeniMED
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of ApeniMED
4 dated milestones of ApeniMED across 6 years, from founding to its latest funding, stage changes and deals.
- Founded ApeniMED is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Seed, of $1.7M.
- Exit Acquired by IOD Incorporated.
Competitors of ApeniMED
ApeniMED has 3 listed competitors in our database, 3 of them funded. They include HealthVerity, 1upHealth and Particle Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healthverity.com | 2014 | Philadelphia, United States | $142.32M | Cloud-based platform for healthcare and consumer data management is utilized. | ||
| 1up.health | 2017 | Boston, United States | $80.38M | A cloud-based platform for EHR and practice management is provided. | ||
| particlehealth.com | 2018 | New York, United States | $39.34M | 22 | Online platform to store and access medical records |
Detailed competitors of ApeniMED
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as ApeniMED (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about ApeniMED
ApeniMED was founded in 2007 and raised its 1st funding round 3 years after it was founded.
ApeniMED is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
John Fraser is the CEO of ApeniMED, as recorded in our data.
ApeniMED is a funded company, having raised a total of $3.85M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.16M, raised on Jul 2010.
ApeniMED was founded in 2007 in Minneapolis, Minnesota, focusing on the healthcare sector. Cloud-based platforms for health information exchange are offered, including automated workflows and connections via the Nationwide Health Information Network gateway. Services support interoperability among providers. The company was acquired by IOD Incorporated in October 2013, with operations centered in the United States.
ApeniMED's top competitors include HealthVerity, 1upHealth and Particle Health.
ApeniMED has 1 investor. Key investors include IOD Incorporated.
Yes. ApeniMED was acquired by IOD Incorporated in October 2013.