CrossBridge

Wayne, United States Founded: 1997 • Age: 29 yrs Acquired By Scipher Medicine
Chronic care planning and management software is provided.

About CrossBridge

CrossBridge is a company based in Wayne (United States) founded in 1997 was acquired by Scipher Medicine in January 2023.. CrossBridge has raised $1.67 million across 1 funding round from investors including Scipher Medicine and Synechron. CrossBridge has completed 1 acquisition, including Geisinger. CrossBridge operates in a competitive market with competitors including Verily, Memora Health, Wellframe, MD Revolution and VitalTech, among others.

  • Headquarter Wayne, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.67 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.67 M (USD), Unspecified

    Apr 22, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Scipher Medicine

    & 1 more

    (Jan 10, 2023)

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People of CrossBridge
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Desislava Prodanova
Chief Data Officer
People
Larry De Lutiis Jr
Chief Technology Officer
People
Bruce Freundlich
Chief Medical Officer

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Funding Insights of CrossBridge

CrossBridge has successfully raised a total of $1.67M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.67 million completed in April 2021. 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 1
  • Last Round Unspecified — $1.7M
  • First Round

    (22 Apr 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Unspecified - CrossBridge 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 CrossBridge

CrossBridge has secured backing from 2 investors. Prominent investors backing the company include Scipher Medicine and Synechron. 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
Precision medicine is delivered via liquid biopsy blood tests.
Founded Year Domain Location
Synechron is recognized as a global technology and AI consulting firm.
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 CrossBridge

CrossBridge has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Geisinger. 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
Fully integrated healthcare organization
1915
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 - CrossBridge

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

Crossbridge Comparisons

Employees
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Competitors of CrossBridge

CrossBridge 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 Verily, Memora Health, Wellframe, MD Revolution and VitalTech, 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
AI-based solutions for health management are provided.
domain founded_year HQ Location
Mobile messaging platform is utilized for chronic disease management.
domain founded_year HQ Location
Mobile and AI-based platform offering support to providers for better patient engagement
domain founded_year HQ Location
Predictive analytics SaaS platform for patient engagement is provided.
domain founded_year HQ Location
Cloud-based platform is provided for patient and employee health monitoring.
domain founded_year HQ Location
Chronic conditions are managed via cloud-based care coordination platforms.
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 Crossbridge

Frequently Asked Questions about CrossBridge

When was CrossBridge founded?

CrossBridge was founded in 1997 and raised its 1st funding round 24 years after it was founded.

Where is CrossBridge located?

CrossBridge is headquartered in Wayne, United States.

Is CrossBridge a funded company?

CrossBridge is a funded company, having raised a total of $1.67M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.67M, raised on Apr 22, 2021.

What does CrossBridge do?

CrossBridge was founded in 1997 in Wayne, United States, as a provider of cloud-based software for care planning and management in chronic care. The platform is designed for value-based care, targeting specialties that address complex, chronic diseases as major healthcare cost drivers. Operations focus on supporting healthcare providers with tools for patient management in the healthcare sector.

Who are the top competitors of CrossBridge?

CrossBridge's top competitors include Verily, Memora Health and Wellframe.

How many acquisitions has CrossBridge made?

CrossBridge has made 1 acquisition, including Geisinger.

Who are CrossBridge's investors?

CrossBridge has 2 investors. Key investors include Scipher Medicine, and Synechron.

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