Apixio

San Mateo, United States Founded: 2009 • Age: 17 yrs Acquired By New Mountain Capital
Providing solutions for healthcare organization by optimizing costs and outcomes.
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About Apixio

Apixio is a company based in San Mateo (United States) founded in 2009 was acquired by New Mountain Capital in June 2023.. Apixio has raised $49.38 million across 8 funding rounds from investors including Centene, SSM Partners and First Analysis. The company has 41 employees as of December 31, 2022. Apixio operates in a competitive market with competitors including Centauri Health Solutions, Codoxo, Health Fidelity, Reveleer and Vatica Health, among others.

  • Headquarter San Mateo, United States
  • Employees 41 as on 31 Dec, 2022
  • Sectors
    Technology
    Financial Services Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Apixio Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Technology → Artificial Intelligence & Machine Learning
Healthcare → Health Technology & Digital Health
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $49.38 M (USD)

    in 8 rounds

  • Latest Funding Round
    $5 M (USD), Series D

    Jul 31, 2018

  • Investors
    Centene

    & 4 more

  • Employee Count
    41

    as on Dec 31, 2022

  • Acquired by
    New Mountain Capital

    & 1 more

    (Jun 14, 2023)

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People of Apixio
Headcount 50-200
Employee Profiles 34
Employee Profiles
People
Tiffany Lewis
Chief People Officer
People
Ritika Bhansali
Staff Data Integration Engineer
People
Lisa Marie Sumner
Senior Director, Head Of Solution Integration And Implementations
People
Steve Senneff
Board Member

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Funding Insights of Apixio

Apixio has successfully raised a total of $49.38M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $5 million completed in July 2018. 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 8
  • Last Round Series D — $5.0M
  • First Round

    (28 Dec 2009)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Series D - Apixio Valuation

investors

May, 2016 Amount Series D - Apixio Valuation SSM Partners
Jun, 2014 Amount Series C - Apixio Valuation Bain Capital Ventures
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 Apixio

Apixio has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Centene, SSM Partners and First Analysis. 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
Private equity firm investing in growth-stage companies
Founded Year Domain Location
Venture capital and transaction advisory services for B2B tech companies.
Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
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 Apixio

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 - Apixio

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

Apixio Comparisons

Employees
+
Add Comparison
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Competitors of Apixio

Apixio 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 Centauri Health Solutions, Codoxo, Health Fidelity, Reveleer and Vatica Health, 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 data management solutions for risk adjustment and quality-based revenue programs
domain founded_year HQ Location
AI-based platform for employee and individual healthcare planning
domain founded_year HQ Location
NLP and analytics based risk adjustment solutions for providers and payers
domain founded_year HQ Location
Medical records retrieved and reviewed for health plan risk adjustment.
domain founded_year HQ Location
Cloud-based risk adjustment solutions are offered to healthcare providers.
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.

Frequently Asked Questions about Apixio

When was Apixio founded?

Apixio was founded in 2009.

Where is Apixio located?

Apixio is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Is Apixio a funded company?

Apixio is a funded company, having raised a total of $49.38M across 8 funding rounds to date. The company's 1st funding round was a Series C of $13.5M, raised on Dec 28, 2009.

How many employees does Apixio have?

As of Dec 31, 2022, the latest employee count at Apixio is 41.

What does Apixio do?

Powered by data science and a patented computer learning NLP and text mining technology platform,Apixio transforms coded, textual and scanned data into real-time insights that enhance risk assessment, population management, and reimbursement. Apixio API will supply raw data and resultsanalytics to high performance, web-based HCC Optimizer a software solution that enables healthcare organizations and their health plan affiliates to optimize reimbursement revenue for their Medicare advantage members. The company also provides Population Analyzer to manage a group of patients and target and evaluate interventions; Quality Optimizer, a cloud-based solution to analyze care quality.

Who are the top competitors of Apixio?

Apixio's top competitors include Centauri Health Solutions, Codoxo and Reveleer.

Who are Apixio's investors?

Apixio has 5 investors. Key investors include Centene, SSM Partners, First Analysis, Bain Capital Ventures, and New Mountain Capital.

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