CloudMedx

New York, United States Founded: 2014 • Age: 12 yrs
Provides AI platforms for healthcare data aggregation, automation, and patient management tools.
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About CloudMedx

CloudMedx is a company based in New York (United States) founded in 2014 by Sahar Arshad and Tashfeen Suleman. It operates as a B2B, and SaaS. CloudMedx has raised $12.53 million across 3 funding rounds from investors including Tencent, FundersClub and Y Combinator. CloudMedx has completed 1 acquisition, including Gyrus Labs. CloudMedx offers products and services including ONE Platform, Operations Explorer, Clinical Explorer, Financial Explorer, and Patient Explorer. CloudMedx operates in a competitive market with competitors including Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea Health, among others.

  • Headquarter New York, United States
  • Founders Sahar Arshad, Tashfeen Suleman
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.53 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    May 31, 2019

  • Investors
    Tencent

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of CloudMedx

CloudMedx offers a comprehensive portfolio of products and services, including ONE Platform, Operations Explorer, Clinical Explorer, Financial Explorer, and Patient Explorer. 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

Unified interface for healthcare data integration and workflow automation

Tool for managing healthcare operations and resource optimization

Platform for risk stratification and care coordination in healthcare

System for financial reporting and revenue optimization in healthcare

Tool for personalized outreach and health record management

People of CloudMedx
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Carvell Wallace
Project Development Manager

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Teams

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Funding Insights of CloudMedx

CloudMedx has successfully raised a total of $12.53M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in May 2019. 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 3
  • Last Round Series A — $2.0M
  • First Round

    (01 May 2015)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Series A - CloudMedx Valuation

investors

Aug, 2017 Amount Series A - CloudMedx Valuation

investors

May, 2015 Amount Seed - CloudMedx 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 CloudMedx

CloudMedx has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, FundersClub and Y Combinator. 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
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Seed and early-stage technology companies are funded by Lux Capital.
Founded Year Domain Location
AME Cloud Ventures is focused on investing in data-driven technology companies.
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 CloudMedx

CloudMedx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gyrus Labs. 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
Personalized AI-driven symptom checking is offered for diagnosis and care.
2014
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 - CloudMedx

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

Cloudmedx Comparisons

Employees
+
Add Comparison
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Competitors of CloudMedx

CloudMedx 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 Health Catalyst, Innovaccer, CitiusTech, CompuGroup Medical and Azalea Health, 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
Cloud-based data analytics are provided for healthcare organizations.
domain founded_year HQ Location
Provider of an AI-powered cloud platform for healthcare performance improvement
domain founded_year HQ Location
Provider of AI solutions for clinical, operational, and business outcomes
domain founded_year HQ Location
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
domain founded_year HQ Location
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
domain founded_year HQ Location
E-prescription and secure messaging solutions are offered to healthcare providers.
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 Cloudmedx

Frequently Asked Questions about CloudMedx

When was CloudMedx founded?

CloudMedx was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is CloudMedx located?

CloudMedx is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of CloudMedx?

Tashfeen Suleman is the current CEO of CloudMedx. They have also founded this company.

Is CloudMedx a funded company?

CloudMedx is a funded company, having raised a total of $12.53M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.3M, raised on May 01, 2015.

What does CloudMedx do?

CloudMedx develops AI-powered platforms for aggregating and automating healthcare data, simplifying decision-making for patients, providers, and payers. It integrates data from EMRs, claims, and other sources to enhance operations, clinical outcomes, and financial analytics. Based in the US, it partners with global entities like LiFe Konsulta to deploy AI systems, improving efficiency and patient engagement through tools like workflow automation and remote monitoring.

Who are the top competitors of CloudMedx?

CloudMedx's top competitors include IKS Health, Innovaccer and Ada.

What products or services does CloudMedx offer?

CloudMedx offers ONE Platform, Operations Explorer, Clinical Explorer, Financial Explorer, and Patient Explorer.

How many acquisitions has CloudMedx made?

CloudMedx has made 1 acquisition, including Gyrus Labs.

Who are CloudMedx's investors?

CloudMedx has 5 investors. Key investors include Tencent, FundersClub, Y Combinator, Lux Capital, and AME Cloud Ventures.

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