Cordant Health Solutions

Denver, United States Founded: 2012 • Age: 14 yrs Acquired By Waud Capital Partners
Drug testing services are offered for clinical trials and workplaces.
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About Cordant Health Solutions

Cordant Health Solutions is a company based in Denver (United States) founded in 2012 was acquired by Waud Capital Partners in April 2012.. Cordant Health Solutions has raised $13.44 million across 2 funding rounds from investors including Waud Capital Partners. Cordant Health Solutions offers products and services including Sentry Drug Testing, Urine Testing, Oral Fluid Testing, Blood Testing, and Hair Testing. Cordant Health Solutions operates in a competitive market with competitors including Roche, EKF, SonoSite, NVision Imaging Technologies and LumiraDx, among others.

  • Headquarter Denver, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cordant Health Solutions
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.44 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12.84 M (USD), Series A

    Apr 16, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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Products & Services of Cordant Health Solutions

Cordant Health Solutions offers a comprehensive portfolio of products and services, including Sentry Drug Testing, Urine Testing, Oral Fluid Testing, Blood Testing, and Hair Testing. 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

Manages drug testing programs for health monitoring

Provides urine-based drug detection services

Offers oral fluid analysis for substance monitoring

Conducts blood tests for comprehensive drug screening

Performs hair analysis for long-term substance detection

Utilizes sweat patches for ongoing monitoring

Funding Insights of Cordant Health Solutions

Cordant Health Solutions has successfully raised a total of $13.44M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.84 million completed in April 2015. 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 Series A — $12.8M
  • First Round

    (29 Dec 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Series A - Cordant Health Solutions Valuation

investors

Dec, 2014 Amount Seed - Cordant Health Solutions 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 Cordant Health Solutions

Cordant Health Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Waud Capital Partners. 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
Mid-market companies are targeted for private equity investments.
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 Cordant Health Solutions

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 - Cordant Health Solutions

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

Cordant Health Solutions Comparisons

Employees
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Competitors of Cordant Health Solutions

Cordant Health Solutions 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 Roche, EKF, SonoSite, NVision Imaging Technologies and LumiraDx, 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
Pharmaceuticals and diagnostics kits are developed for various diseases.
domain founded_year HQ Location
Point-of-care and laboratory blood analyzers are developed by EKF.
domain founded_year HQ Location
Hand-carried ultrasound systems for medical specialties are developed and distributed.
domain founded_year HQ Location
Medical imaging is provided through quantum technologies.
domain founded_year HQ Location
Cloud based diagnostics platform for point of care diagnosing
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 Cordant Health Solutions

Frequently Asked Questions about Cordant Health Solutions

When was Cordant Health Solutions founded?

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

Where is Cordant Health Solutions located?

Cordant Health Solutions is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Who is the current CEO of Cordant Health Solutions?

Sue Sommer is the current CEO of Cordant Health Solutions.

Is Cordant Health Solutions a funded company?

Cordant Health Solutions is a funded company, having raised a total of $13.44M across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Dec 29, 2014.

What does Cordant Health Solutions do?

Cordant Health Solutions was established in 2012 through the merger of five laboratories in the United States. Operations are centered in Denver, focusing on the drug testing sector. Testing is conducted on urine, blood, hair, and oral fluids for applications including medical monitoring, treatment programs, hospital services, health plans, controlled substance pharmacy monitoring, and workplace compliance. Services address complex needs in the industry.

Who are the top competitors of Cordant Health Solutions?

Cordant Health Solutions's top competitors include Roche, EKF and LumiraDx.

What products or services does Cordant Health Solutions offer?

Cordant Health Solutions offers Sentry Drug Testing, Urine Testing, Oral Fluid Testing, Blood Testing, and 2 more products and services.

Who are Cordant Health Solutions's investors?

Cordant Health Solutions has 1 investor. Key investors include Waud Capital Partners.

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