Binary Fountain

Mclean, United States Founded: 2014 • Age: 12 yrs Acquired By Press Ganey
Insights from patient feedback are extracted using a cloud-based platform.
Annual revenue $3.8M Latest available
Total funding $41.6M 3 rounds
Employees 328 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Binary Fountain

Binary Fountain is a company based in Mclean (United States) founded in 2014 was acquired by Press Ganey in October 2020. Binary Fountain has raised $41.62 million across 3 funding rounds from investors including Press Ganey, HLM Venture Partners and Pioneer Venture Partners. The company has 328 employees as of April 08, 2024. Binary Fountain offers products and services including HX Platform and Consulting Services. Binary Fountain operates in a competitive market with competitors including Bivarus, Doctify, Press Ganey, Feedtrail and NarrativeDx, among others.

  • Headquarter Mclean, United States
  • Employees 328 as on 08 Apr, 2024
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Binary Fountain Solutions India Private Limited
  • Date of Incorporation 19 Apr, 2012
  • Jurisdiction Trivandrum, Kerala, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.79 M (USD)
    16.24
    as on Mar 31, 2023
  • Net Profit
    $466.66 K (USD)
    42.47
    as on Mar 31, 2023
  • EBITDA
    $889.67 K (USD)
    26.08
    as on Mar 31, 2023
  • Total Equity Funding
    $41.62 M (USD)

    in 3 rounds

  • Latest Funding Round
    $19.92 M (USD), Series A

    Jul 11, 2017

  • Investors
    Press Ganey

    & 4 more

  • Employee Count
    328

    as on Apr 08, 2024

  • Acquired by
    Press Ganey

    (Oct 13, 2020)

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Products & Services of Binary Fountain

Binary Fountain offers a comprehensive portfolio of products and services, including HX Platform and Consulting Services.

Product name locked
Category locked
Primary

Platform for analyzing healthcare data and improving patient outcomes.

Product name locked
Category locked
Locked

Expert services for healthcare safety and employee engagement solutions.

Funding Insights of Binary Fountain

Binary Fountain has successfully raised a total of $41.62M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $19.92 million completed in July 2017. 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 Binary Fountain

Binary Fountain has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Press Ganey, HLM Venture Partners and Pioneer Venture Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
VC firm investing in expansion stage tech and life sciences companies in the US
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Early stage VC firm investing in the US
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Investments are focused on Indian farm and food startups.
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Investor details for Binary Fountain

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Investments & Acquisitions by Binary Fountain

Investments
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Investment portfolio details for Binary Fountain

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Financial Statements - Binary Fountain

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Detailed financials for Binary Fountain

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Binary Fountain Comparisons

Binary Fountain Primary company
Description
Insights from patient feedback are extracted using a cloud-b...
Location
Mclean, United States
Founded Year
2014
Annual Revenue
$3.79 M (USD)
Net Profit
$466.66 K (USD)
EBITDA
$889.67 K (USD)
Employees
328
As of 2024
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Peer comparison for Binary Fountain

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Competitors of Binary Fountain

Binary Fountain 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 Bivarus, Doctify, Press Ganey, Feedtrail and NarrativeDx, among others.

Company Name Domain Founded year HQ Location Description
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Patient experience data is captured and analyzed for healthcare organizations.
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Online platform for dentist teleconsultations and appointments is provided.
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Software for patient satisfaction surveys is provided to healthcare organizations.
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Feedback management platform for healthcare professionals
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Cloud-based platform actionable insights from patient narratives
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Detailed competitors of Binary Fountain

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Latest news on Binary Fountain

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Complete news archive for Binary Fountain

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Frequently Asked Questions about Binary Fountain

Binary Fountain was founded in 2014.

Binary Fountain is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.

Binary Fountain is a funded company, having raised a total of $41.62M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Binary Fountain is 328.

Annual revenue of Binary Fountain is $3.79M as on Mar 31, 2023.

Binary Fountain was founded in 2014 and is headquartered in McLean, United States. The company operates in the healthcare analytics sector, where patient feedback is managed through the cloud-based Binary Health Analytics platform. Feedback from surveys, social media, and online reviews is mined and analyzed across specific operational categories. Patient engagement is supported via campaigns and publishing features.

Binary Fountain's top competitors include Press Ganey, Feedtrail and Authenticx.

Binary Fountain offers HX Platform and Consulting Services.

Binary Fountain has 5 investors. Key investors include Press Ganey, HLM Venture Partners, Pioneer Venture Partners, Pioneering Ventures, and Allumia Ventures.

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