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 Healthcare company based in Wayne (United States) founded in 1997, and was acquired by Scipher Medicine in January 2023. Chronic care planning and management software is provided. CrossBridge has completed 1 acquisition, including Geisinger. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Care Coordination. Its competitors include Verily, Memora Health and Wellframe; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Wayne, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Phone
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  • Website crossbridge.com
  • Social LinkedIn X
  • Acquired by Scipher Medicine (Jan 2023)
Key Metrics

Funding Insights of CrossBridge

  • Total Rounds 1
  • Last Round Unspecified β€” $1.67M
  • First Round $1.67M

    (Apr 2021)

All 1 funding rounds of CrossBridge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021$1.67MUnspecified––
–
Valuation history

2 investors in total: 2 institutional.

Investors in CrossBridge

CrossBridge has secured backing from 2 investors. Prominent investors backing the company include Scipher Medicine and Synechron.

All
InvestorDescriptionFounded YearDomainLocation
Precision medicine is delivered via liquid biopsy blood tests.
2014sciphermedicine.comWaltham, United States
Synechron is recognized as a global technology and AI consulting firm.
2001synechron.comNew York, United States
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Investor details for CrossBridge

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People of CrossBridge

3 people are tracked at CrossBridge (3 in leadership).

NameRoleGroup
Desislava Prodanova
Chief Data OfficerLeadership
Larry De Lutiis Jr
Chief Technology OfficerLeadership
Bruce Freundlich
Chief Medical OfficerLeadership
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Complete people profiles for CrossBridge

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Investments & Acquisitions by CrossBridge

CrossBridge has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Geisinger.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Fully integrated healthcare organization
geisinger.orgUnited States1915Jul 2021β€’β€’β€’β€’
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Complete acquisition details for CrossBridge

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Timeline of CrossBridge

5 dated milestones of CrossBridge across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded CrossBridge is founded.
  2. Exit Acquired by Synechron.
  3. Funding First funding round of $1.7M.
  4. Acquisition Acquires Geisinger.
  5. Exit Acquired by Scipher Medicine.

Competitors of CrossBridge

CrossBridge has 3 listed competitors in our database, 3 of them funded. They include Verily, Memora Health and Wellframe.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
verily.com2015Dallas, United States$2.5B
AI-based solutions for health management are provided.
memorahealth.com2015Boston, United States$80.65M91
Mobile messaging platform is utilized for chronic disease management.
wellframe.com2011Boston, United States$45.3M8
Mobile and AI-based platform offering support to providers for better patient engagement
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Detailed competitors of CrossBridge

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as CrossBridge (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Crossbridge

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Frequently Asked Questions about CrossBridge

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

CrossBridge is headquartered in Wayne, United States.

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.

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

CrossBridge has made 1 acquisition, including Geisinger.

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

Yes. CrossBridge was acquired by Scipher Medicine in January 2023.

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