About Arcadia
Arcadia is a Healthcare company based in Boston (United States) founded in 2002, and was acquired by Nordic Capital in July 2025. AI-based healthcare data analytics platform is provided for organizations. Arcadia has raised $72.5 million across 4 funding rounds from investors including Morgan Stanley, General Electric and Vista Equity Partners. Arcadia has completed 3 acquisitions, including CareJourney, Concordant Inc and Usesage. Its website arcadia.io draws about 27 thousand monthly visits. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Volume-to-Value Transition. Its competitors include Aledade, Lumeris and Aetion; 3 of its 3 listed competitors have raised funding.
Company details
Arcadia was founded in 2002 and is headquartered in Boston, United States. The company operates in the healthcare sector, delivering a cloud-based, HIPAA-compliant platform for population health analytics. Healthcare-related data from electronic health records is integrated with enterprise data to enable AI-driven insights. These insights support care team documentation, tasking, and coordination for financial outcomes in value-based care.
- Headquarters Boston, United States
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website arcadia.io
- Social LinkedIn X Facebook YouTube
- Acquired by Nordic Capital (Jul 2025)
- Total Equity Funding$72.5M (USD)
in 4 rounds
- Latest Funding Round$125M (USD), Debt – Conventional
Apr 2023
- InvestorsMorgan Stanley
& 7 more
- Investments & AcquisitionsCareJourney
& 2 more
- Acquired byNordic Capital
(Jul 2025)
Apps and channels of Arcadia
its YouTube channel Arcadia has 278 subscribers and 30 videos.
Videos from Arcadia
The most watched videos on Arcadia's YouTube channel, Arcadia (278 subscribers). Click a video to play it here.
More on Arcadia.
Funding Insights of Arcadia
Arcadia has successfully raised a total of $72.5M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $125 million completed in April 2023. 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 $72.5M
- Total Rounds 4
- Last Round Debt – Conventional — $125M
- First Round $13M
(Apr 2015)
- Investors Count 7
All 4 funding rounds of Arcadia 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 |
|---|---|---|---|---|---|
| Apr 2023 | $125M | Debt – Conventional | – | – | |
| Jan 2020 | $29.5M | Series D | – | Cigna Ventures | – |
| Jan 2017 | $30M | Series B | – | Merck Global Health Innovation Fund, General Electric | |
| Apr 2015 | $13M | Series A | – | – |
8 investors in total: 8 institutional.
Investors in Arcadia
Arcadia has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, General Electric and Vista Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward high-growth enterprise software and technology companies. | vistaequitypartners.com | Austin, United States | ||
VC firm focused on the healthcare industry | cignaventures.com | Bloomfield, United States | ||
Corporate-backed venture capital is focused on the life science sector. | merckghifund.com | Kenilworth, United States | ||
Healthcare sector investments are managed by Peloton Equity. | pelotonequity.com | Greenwich, United States | ||
Healthcare sector investments are managed by corporate-backed Zaffre Investments. | zaffreinvestments.com | Boston, United States | ||
| nordiccapital.com | ||||
Diversified operations are conducted across multiple industries worldwide. | 1892 | ge.com | United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for Arcadia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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People of Arcadia
75 people are tracked at Arcadia (31 in leadership, 11 in board & advisors, 33 in team).
| Name | Role | Group |
|---|---|---|
Luke Hansen | Chief Medical Officer | Leadership |
Leonard McAlister Jr. | Director Of Engineering | Leadership |
Mike Tiffany | COO | Leadership |
Dave Szela | Chief Growth Officer | Leadership |
Joe Volk | VP Of Finance | Leadership |
Jake Hochberg | VP, Analytics & Chief Analytics Officer | Leadership |
Karen Thomas-Smith | Chief Marketing Officer | Leadership |
Michael Meucci | President & CEO | Leadership |
Nick Stepro | Chief Product & Technology Officer | Leadership |
Brendan Smith-Elion | VP, Product Management | Leadership |
Vinecia Haugsness | Director, Customer Insights | Leadership |
Linda Rusack | Account Director | Leadership |
Joe Krolak | Sales Director | Leadership |
Michelle Rider | Head Of Marketing | Leadership |
Graham Barnes | Vice President, Growth | Leadership |
Jacob Hochberg | Chief Data Officer | Leadership |
Carissa Crawford | Vice President, Strategic Growth | Leadership |
Ian Cox | Vice President Of Growth | Leadership |
Sadiq Patel | Senior Director, Production Support | Leadership |
Nicholas Daniel | Director Of Product | Leadership |
55 more people are available in the full profile.
Complete people profiles for Arcadia
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Arcadia
Arcadia has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CareJourney, Concordant Inc and Usesage.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Population health analytics platform is delivered for value-based care providers. | carejourney.com | Arlington, United States | 2014 | Jun 2024 | •••• | |
Usesage is associated with the domain usesage.com. | usesage.com | 0 | Jun 2015 | $28M | ||
IT infrastructure services are provided to healthcare communities. | concordantinc.com | North Chelmsford, United States | 1999 | May 2011 | •••• |
Complete acquisition details for Arcadia
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Timeline of Arcadia
7 dated milestones of Arcadia across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Arcadia is founded.
- Acquisition Acquires Concordant Inc.
- Funding First funding round of $13.0M.
- Acquisition Acquires Usesage.
- Funding Latest funding round, Debt – Conventional, of $125.0M.
- Acquisition Acquires CareJourney.
- Exit Acquired by Nordic Capital.
Competitors of Arcadia
Arcadia has 3 listed competitors in our database, 3 of them funded. They include Aledade, Lumeris and Aetion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aledade.com | 2014 | Bethesda, United States | $780.49M | 1,346 | Primary care physician platform for patient care delivery is provided. | |
| lumeris.com | 2001 | Maryland Heights, United States | $477.3M | 1,375 | Lumeris offers population management and accountable care solutions | |
| aetion.com | 2012 | New York, United States | $203.6M | Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population |
Detailed competitors of Arcadia
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- Full competitor set
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Web traffic of Arcadia
The website of Arcadia (arcadia.io) receives about 26.7K visits a month.
- Monthly visits26.7K
▲ 8.3% vs previous month
Websites whose visitors overlap most with Arcadia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carejourney.com | 100% | 5.8K | #3,314,674 | View details | |
| zeomega.com | 99% | 36.7K | #556,192 | View details | |
| healthcatalyst.com | 96% | 31.8K | #941,904 | View details | |
| klasresearch.com | 93% | 41.2K | #764,221 | View details | |
| nexhealth.com | 92% | 2M | #29,633 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Arcadia
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 Arcadia (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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Related news about Arcadia
Complete news archive for Arcadia
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Frequently Asked Questions about Arcadia
Arcadia was founded in 2002 and raised its 1st funding round 13 years after it was founded.
Arcadia is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Arcadia is a funded company, having raised a total of $72.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $13M, raised on Apr 2015.
Arcadia was founded in 2002 and is headquartered in Boston, United States. The company operates in the healthcare sector, delivering a cloud-based, HIPAA-compliant platform for population health analytics. Healthcare-related data from electronic health records is integrated with enterprise data to enable AI-driven insights. These insights support care team documentation, tasking, and coordination for financial outcomes in value-based care.
Arcadia has made 3 acquisitions, including CareJourney, Concordant Inc, and Usesage.
Arcadia has 8 investors. Key investors include Morgan Stanley, General Electric, Vista Equity Partners, Cigna Ventures, and Merck Global Health Innovation Fund.
Yes. Arcadia was acquired by Nordic Capital in July 2025.