Citra Health

Jacksonville, United States Founded: 2012 • Age: 14 yrs Acquired By Cedar Gate
IT solutions are provided for healthcare payers and providers.

About Citra Health

Citra Health is a company based in Jacksonville (United States) founded in 2012 was acquired by Cedar Gate in June 2020.. Citra Health has raised $22.5 million across 2 funding rounds from investors including Cedar Gate, Great Point Partners and Carenet Healthcare Services. Citra Health has completed 3 acquisitions, including DataWing Software, ExtendMD and SironaHealth. Citra Health offers products and services including Enterprise Data Management, Analytics Tools, Care Management, and Payment Technologies. Citra Health operates in a competitive market with competitors including Aledade, Lumeris, Arcadia, Aetion and Evolent, among others.

  • Headquarter Jacksonville, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.5 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Cedar Gate

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Cedar Gate

    & 1 more

    (Jun 25, 2020)

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Products & Services of Citra Health

Citra Health offers a comprehensive portfolio of products and services, including Enterprise Data Management, Analytics Tools, Care Management, and Payment Technologies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for onboarding and enriching healthcare data from multiple sources.

Tools to visualize and predict health risks for better clinical outcomes.

System for actionable insights and workflows in patient care management.

Solutions for administering complex reimbursement and bundled payments.

People of Citra Health
Headcount 50-200
Employee Profiles 2
Board Members and Advisors 8
Employee Profiles
People
Scott Sanner
CEO
People
David Morris
Executive Vice President & Chief Commercial Officer

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Funding Insights of Citra Health

Citra Health has successfully raised a total of $22.5M across 2 strategic funding rounds. 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
  • Total Rounds 2
  • Last Round
  • First Round

    (10 Apr 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2014 Amount Series A - Citra Health Valuation

investors

Apr, 2014 Amount Series A - Citra Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Citra Health

Citra Health has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Cedar Gate, Great Point Partners and Carenet Healthcare Services. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on company buyouts
Founded Year Domain Location
Analytical tools for healthcare payment management are provided to enterprises.
Founded Year Domain Location
Offers healthcare support services for payers, providers, and employers to enhance engagement.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Citra Health

Citra Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DataWing Software, ExtendMD and SironaHealth. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Patient-centered transitional care services and software
2009
Patient-doctor communication is facilitated for chronic disease management.
2007
Claims management solutions are provided for healthcare providers.
1993
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Citra Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Citra Health Comparisons

Employees
+
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Competitors of Citra Health

Citra Health 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, Arcadia, Aetion and Evolent, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Primary care physician platform for patient care delivery is provided.
domain founded_year HQ Location
Lumeris offers population management and accountable care solutions
domain founded_year HQ Location
AI-based healthcare data analytics platform is provided for organizations.
domain founded_year HQ Location
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
domain founded_year HQ Location
Intelligent solutions for complex health conditions are delivered through partnerships.
domain founded_year HQ Location
Healthcare providers are supported in shifting to value-based care models.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Citra Health

Frequently Asked Questions about Citra Health

When was Citra Health founded?

Citra Health was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is Citra Health located?

Citra Health is headquartered in Jacksonville, United States.

Is Citra Health a funded company?

Citra Health is a funded company, having raised a total of $22.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $22.5M, raised on Apr 10, 2014.

What does Citra Health do?

Citra Health Solutions, healthcare services and technology firm, provides solutions to hospital systems and payers in the transition to value-based care. It facilitates adoption and monitoring of new payment and care delivery models, using its proprietary technology, population health, analytics and care management services. Their solutions include 247 care coordination, a point of need engagement, re-admission reduction, ER diversion, star rating improvement, bundled payment administration and chronic care management. It also offers strategic advising, value-based management, patient engagement, care programming, and quality improvement programming solutions. Acquired ExtendMD in 2013.

Who are the top competitors of Citra Health?

Citra Health's top competitors include Aledade, Arcadia and Lumeris.

What products or services does Citra Health offer?

Citra Health offers Enterprise Data Management, Analytics Tools, Care Management, and Payment Technologies.

How many acquisitions has Citra Health made?

Citra Health has made 3 acquisitions, including DataWing Software, ExtendMD, and SironaHealth.

Who are Citra Health's investors?

Citra Health has 3 investors. Key investors include Cedar Gate, Great Point Partners, and Carenet Healthcare Services.

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