About Avado
Avado is a Healthcare company based in Seattle (United States) founded in 2010, and was acquired by WebMD in October 2013. Cloud-based patient relationship management is offered for health communication. Avado has raised $1 million across 2 funding rounds from investors including WebMD and StartUp Health. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its competitors include Healthjump, Solace Health and Medfusion; 3 of its 3 listed competitors have raised funding.
Company details
Avado was founded in 2010 in Seattle, United States, within the healthcare technology sector. A cloud-based Patient Relationship Management solution is provided to enable communication between clinicians and patients while health information is managed. Personal health data from patients is aggregated, and systems of trackers and reminders are included to monitor upcoming bills and appointments. Acquisition by WebMD occurred in October 2013.
Funding Insights of Avado
Avado has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in May 2013. 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 $1M
- Total Rounds 2
- Last Round Seed — $300,000
- First Round $700,000
(Mar 2013)
- Investors Count 1
All 2 funding rounds of Avado 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 |
|---|---|---|---|---|---|
| May 2013 | $300,000 | Seed | – | – | |
| Mar 2013 | $700,000 | Angel Round | – | – | – |
2 investors in total: 2 institutional.
Investors in Avado
Avado has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include WebMD and StartUp Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online information platform of health and wellness | 2011 | startuphealth.com | San Francisco, United States | |
Provider of online health-related information and learning platform for patients and providers | 1996 | webmd.com | New York, United States |
Investor details for Avado
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People of Avado
1 people are tracked at Avado (1 in leadership).
| Name | Role | Group |
|---|---|---|
Amy Crawford | Chief Executive Officer | Leadership |
Complete people profiles for Avado
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Timeline of Avado
4 dated milestones of Avado across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Avado is founded.
- Funding First funding round of $700K.
- Funding Latest funding round, Seed, of $300K.
- Exit Acquired by WebMD.
Competitors of Avado
Avado has 3 listed competitors in our database, 3 of them funded. They include Healthjump, Solace Health and Medfusion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healthjump.com | 2013 | New York, United States | $3.02M | 52 | Medical Record keeping and engagement platform | |
| solace.health | 2022 | Redwood, United States | $74M | 1 | Patients are connected to health advocates through a healthcare platform. | |
| medfusion.com | 1996 | Cary, United States | $4.5M | 1 | Cloud-based patient portals are offered to healthcare providers. |
Detailed competitors of Avado
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Avado (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 Avado
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Frequently Asked Questions about Avado
Avado was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Avado is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Avado is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $700K, raised on Mar 2013.
Avado was founded in 2010 in Seattle, United States, within the healthcare technology sector. A cloud-based Patient Relationship Management solution is provided to enable communication between clinicians and patients while health information is managed. Personal health data from patients is aggregated, and systems of trackers and reminders are included to monitor upcoming bills and appointments. Acquisition by WebMD occurred in October 2013.
Avado's top competitors include Solace Health, Healthjump and Medfusion.
Avado has 2 investors. Key investors include WebMD, and StartUp Health.
Yes. Avado was acquired by WebMD in October 2013.