About Arcadia
Arcadia is a company based in Boston (United States) founded in 2002 was acquired by Nordic Capital in July 2025. 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. Arcadia operates in a competitive market with competitors including Aledade, Lumeris, Aetion, Evolent and Advantum Health, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$72.5 M (USD)
in 4 rounds
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Latest Funding Round
$125 M (USD), Debt – Conventional
Apr 13, 2023
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Investors
Morgan Stanley
& 7 more
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Employee Count
Not available
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Investments & Acquisitions
CareJourney
& 2 more
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Acquired by
Nordic Capital
(Jul 02, 2025)
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People of Arcadia
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Software Development Team
20 people
Leadership Team
17 people
Data Analysis and Operations Team
10 people
Product Management Team
8 people
Advisor Team
7 people
Sales and Marketing
5 people
COO Team
1 people
Finance and Accounting
1 people
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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.
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 |
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Investments are directed toward high-growth enterprise software and technology companies.
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VC firm focused on the healthcare industry
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Corporate-backed venture capital is focused on the life science sector.
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Investor details for Arcadia
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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.
Investment portfolio details for Arcadia
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Population health analytics platform is delivered for value-based care providers.
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IT infrastructure services are provided to healthcare communities.
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Locked | Locked | 1999 | Locked | |
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Usesage is associated with the domain usesage.com.
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Locked | Locked | 0 | Locked |
Complete acquisition details for Arcadia
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Financial Statements - Arcadia
Detailed financials for Arcadia
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Arcadia Comparisons
Peer comparison for Arcadia
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Competitors of Arcadia
Arcadia 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 Aledade, Lumeris, Aetion, Evolent and Advantum Health, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Primary care physician platform for patient care delivery is provided.
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Lumeris offers population management and accountable care solutions
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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
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Intelligent solutions for complex health conditions are delivered through partnerships.
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Healthcare providers are supported in shifting to value-based care models.
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Detailed competitors of Arcadia
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Latest news on 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.
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.