About Bivarus
Bivarus is a Healthcare company based in Durham (United States) founded in 2012, and was acquired by Press Ganey in January 2018. Patient experience data is captured and analyzed for healthcare organizations. Bivarus has raised $7.93 million across 4 funding rounds from investors including Press Ganey, Hatteras Venture Partners and Boston Millennia Partners. The company has 1,655 employees. Bivarus has completed 1 acquisition, including The Jackson Group. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement. Its legal entity is PRESS GANEY ASSOCIATES, INC. Its competitors include Press Ganey, Binary Fountain and NarrativeDx; 2 of its 3 listed competitors have raised funding.
Company details
Bivarus was founded in 2012 in Durham, United States, within the healthcare analytics sector. A cloud-based real-time platform is operated to capture and operationalize patient experience data. Insights into drivers of patient experience, buying behavior, and provider performance are provided to improve care and service operations. The Jackson Group, a healthcare measurement and consulting firm, was acquired in May 2016.
- Headquarters Durham, United States
- Employees 1,655
- Stage Acquired
- SectorsHealthcare
- Website bivarus.com
- Acquired by Press Ganey (Jan 2018)
- Legal Name Press Ganey Associates, Inc.
- Total Equity Funding$7.93M (USD)
in 4 rounds
- Latest Funding Round$4M (USD), Series B
Mar 2017
- InvestorsPress Ganey
& 4 more
- Employee Count1,655
- Investments & Acquisitions
- Acquired byPress Ganey
(Jan 2018)
Funding Insights of Bivarus
Bivarus has successfully raised a total of $7.93M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in March 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.
- Total Funding $7.93M
- Total Rounds 4
- Last Round Series B — $4M
- First Round $375,000
(Apr 2014)
- Investors Count 4
All 4 funding rounds of Bivarus 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 |
|---|---|---|---|---|---|
| Mar 2017 | $4M | Series B | – | Hatteras Venture Partners | |
| Mar 2016 | $2M | Series A | – | Hatteras Venture Partners | |
| Feb 2015 | $1.93M | Series A | – | Excelerate Health Ventures | – |
| Apr 2014 | $375,000 | Debt – Conventional | – | – | – |
5 investors in total: 5 institutional.
Investors in Bivarus
Bivarus has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Press Ganey, Hatteras Venture Partners and Boston Millennia Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe | hatterasvp.com | Durham, United States | ||
US-focused private equity and venture capital investments are managed. | bostonmillenniapartners.com | Boston, United States | ||
Healthcare investments are managed by Nuecura Partners. | nuecura.com | |||
Venture capital is provided for AI-driven healthcare innovations. | exceleratehealth.com | |||
Software for patient satisfaction surveys is provided to healthcare organizations. | 1984 | pressganey.com | South Bend, United States |
Investor details for Bivarus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Bivarus
Bivarus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Jackson Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Diversified management consulting services are provided by The Jackson Group. | thejacksongroup.com | Hickory, United States | 1976 | May 2016 | •••• |
Complete acquisition details for Bivarus
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bivarus
5 dated milestones of Bivarus across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Bivarus is founded.
- Funding First funding round of $375K.
- Acquisition Acquires The Jackson Group.
- Funding Latest funding round, Series B, of $4.0M.
- Exit Acquired by Press Ganey.
Competitors of Bivarus
Bivarus has 3 listed competitors in our database, 2 of them funded. They include Press Ganey, Binary Fountain and NarrativeDx.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pressganey.com | 1984 | South Bend, United States | Software for patient satisfaction surveys is provided to healthcare organizations. | |||
| binaryfountain.com | 2014 | Mclean, United States | $41.62M | Insights from patient feedback are extracted using a cloud-based platform. | ||
| narrativedx.com | 2014 | Austin, United States | $11.9M | 13 | Cloud-based platform actionable insights from patient narratives |
Detailed competitors of Bivarus
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 Bivarus (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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Frequently Asked Questions about Bivarus
Bivarus was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Bivarus is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Bivarus is a funded company, having raised a total of $7.93M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $375K, raised on Apr 2014.
Bivarus has 1,655 employees.
Bivarus was founded in 2012 in Durham, United States, within the healthcare analytics sector. A cloud-based real-time platform is operated to capture and operationalize patient experience data. Insights into drivers of patient experience, buying behavior, and provider performance are provided to improve care and service operations. The Jackson Group, a healthcare measurement and consulting firm, was acquired in May 2016.
Bivarus's top competitors include Press Ganey, Binary Fountain and NarrativeDx.
Bivarus has made 1 acquisition, including The Jackson Group.
Bivarus has 5 investors. Key investors include Press Ganey, Hatteras Venture Partners, Boston Millennia Partners, Nuecura Partners, and Excelerate Health Ventures.
Bivarus operates through Press Ganey Associates, Inc..
Yes. Bivarus was acquired by Press Ganey in January 2018.