Convenet

London, United Kingdom Founded: 2020 • Age: 6 yrs Acquired By Datavant
API development and system integration services are provided by Convenet.
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About Convenet

Convenet is a company based in London (United Kingdom) founded in 2020 was acquired by Datavant in September 2022.. Convenet offers products and services including IM1 Pairing Integration, Personal Demographics Service, and Consultation API. Convenet operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Convenet Ltd
  • Date of Incorporation 02 Oct, 2020
  • Jurisdiction COLCHESTER, ESSEX, ENGLAND
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Datavant

    (Sep 07, 2022)

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Products & Services of Convenet

Convenet offers a comprehensive portfolio of products and services, including IM1 Pairing Integration, Personal Demographics Service, and Consultation API. 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

Enables real-time access to electronic health records via API.

Verifies users against NHS database without dedicated lines.

Writes consultation summaries directly to GP systems.

Funding Insights of Convenet

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 Convenet

Convenet has secured backing from 1 investor. Prominent investors backing the company include Datavant. 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
Investor Description Founded Year Domain Location
Secure patient data access is enabled through a healthcare platform.
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 Convenet

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

Financial Statements - Convenet

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

Convenet Comparisons

Employees
+
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Competitors of Convenet

Convenet 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
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 Convenet

Frequently Asked Questions about Convenet

When was Convenet founded?

Convenet was founded in 2020.

Where is Convenet located?

Convenet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

What does Convenet do?

Convenet was established in 2020 and is headquartered in London, United Kingdom. Focus is placed on the technology sector, where API development and system integration services are delivered to clients. Operations involve creating custom APIs and facilitating seamless connections between diverse software systems. Services are tailored for businesses seeking efficient digital infrastructure, with activities conducted primarily from the UK base.

Who are the top competitors of Convenet?

Convenet's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

What products or services does Convenet offer?

Convenet offers IM1 Pairing Integration, Personal Demographics Service, and Consultation API.

Who are Convenet's investors?

Convenet has 1 investor. Key investors include Datavant.

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