Dedalus

Milano, Italy Founded: 1982 • Age: 44 yrs Acquired By Ardian
Advanced software solutions for healthcare interoperability are provided.

About Dedalus

Dedalus is a Healthcare company based in Milano (Italy) founded in 1982 by Giorgio Moretti, and was acquired by Ardian in October 2023. Advanced software solutions for healthcare interoperability are provided. Dedalus has raised $26.91 million across 8 funding rounds from investors including Tikehau Capital, European Union and Three Hills Capital Partners. Dedalus has completed 6 acquisitions, including DOBCO Medical Systems, Mitek and NoemaLife. Its chief executive, as recorded, is Andrea Fiumicelli. Its website dedalus.com draws about 153 thousand monthly visits. Its Indian entity Dh Healthcare Software Services India Private Limited reported revenue of β‚Ή225 Cr. Its focus areas include HealthTech, Healthcare IT, Horizontal and Collaboration Platforms.

Company details

Dedalus was founded in 1982 in Milano, Italy, and operates in the healthcare software sector. A range of software solutions is offered to support interoperability across healthcare systems. These solutions are utilized to facilitate data exchange, optimize clinical processes, and manage patient information in hospitals, clinics, and other medical environments throughout Europe and beyond. Operations focus on integrating legacy systems with modern technologies to address workflow inefficiencies.

Key Metrics
  • Indian entity revenue
    ₹225 Cr

    FY 2025 · -6% YoY

  • Indian entity net profit
    ₹23.88 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹49.44 Cr

    FY 2025 · 22% margin

  • Total Equity Funding
    $26.91M (USD)

    in 8 rounds

  • Latest Funding Round
    $149.58K (USD), Grant

    May 2017

  • Investors
  • Investments & Acquisitions
  • Acquired by
    Ardian

    (Oct 2023)

Funding Insights of Dedalus

Dedalus has successfully raised a total of $26.91M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $149.58 thousand completed in May 2017. 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 $26.91M
  • Total Rounds 8
  • Last Round Grant β€” $149,579
  • First Round $6.98M

    (Mar 2011)

  • Investors Count 5

All 8 funding rounds of Dedalus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$149,579Grant––
Jan 2017$145,407Grant––
Dec 2016$74.81MDebt – Conventional––
Jun 2014$19.94MPrivate Equity Round––
Jan 2014$88.89MDebt – Conventional––
Dec 2013Private Equity Round––
Jan 2012$11.38MDebt – Conventional––
Mar 2011$6.98MPrivate Equity Round––
Valuation history

6 investors in total: 6 institutional.

Investors in Dedalus

Dedalus has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Tikehau Capital, European Union and Three Hills Capital Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Debt and equity investments are managed by the private fund.
2013tikehaucapital.comLondon, United Kingdom
thcp.eu
huttoncollins.com
mandarincp.com
Private investment firm specializing in markets and partnerships.
ardian.com
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Dedalus

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Board of directors of Dh Healthcare Software Services India Private Limited (Dedalus)

Dh Healthcare Software Services India Private Limited is the primary company behind Dedalus. The board of Dh Healthcare Software Services India Private Limited currently have 2 directors; the longest-serving is Romilla Kulshrestha, appointed in 2021. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Romilla Kulshrestha
DIN 02850814
Whole-time director01 Apr 20215 yrs 6 moDh Healthcare Software Services India Private Limited
Jagadeesan Shyam Sundar
DIN 09745027
Whole-time director30 Dec 20223 yrs 9 moDh Healthcare Software Services India Private Limited

People of Dedalus

4 people are tracked at Dedalus (4 in leadership).

NameRoleGroup
Giorgio Moretti
FounderLeadership
Andrea Fiumicelli
CEOLeadership
Richard Craven
Managing DirectorLeadership
Travis Stephenson
Managing DirectorLeadership
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Financials of Dedalus

Figures of Dh Healthcare Software Services India Private Limited, the primary company behind Dedalus, for FY 2025. Revenue was ₹225 Cr (-6% year on year). Net profit was ₹23.88 Cr (11% margin). EBITDA was ₹49.44 Cr (22% margin). Revenue has grown at a compounded annual rate of +10% over three years.

  • ₹225 CrRevenue · FY 2025 · -6% YoY
  • ₹23.88 CrNet profit · 11% margin
  • ₹49.44 CrEBITDA · 22% margin
  • ₹299 CrPaid-up capital
  • 962Employees (provident fund records)
  • +10%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Dh Healthcare Software Services India Private Limited are on its company page.

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Detailed financial statements for Dedalus

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Investments & Acquisitions by Dedalus

Dedalus has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include DOBCO Medical Systems, Mitek and NoemaLife.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of outsourcing services for healthcare industry
mitek.tcc.mode0Dec 2022β€’β€’β€’β€’
Online appointment booking platform for patients and Saas for Healthcare providers.
swiftqueue.comDublin, Ireland2011Nov 2021β€’β€’β€’β€’
Digital clinical communication tools are provided for healthcare providers.
ixmid.comCologne, Germany1998Nov 2021β€’β€’β€’β€’
Web-based medical imaging solutions are offered to healthcare professionals.
dobcomed.comSint Niklaas, Belgium2011Oct 2021β€’β€’β€’β€’
Digital LIMS solutions are offered for medical and research practices.
osm-gruppe.deEssen, Germany1993Jun 2021β€’β€’β€’β€’
Health IT solutions are offered to healthcare providers worldwide.
noemalife.comBologna, Italy1996Jun 2016β€’β€’β€’β€’
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Complete acquisition details for Dedalus

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Timeline of Dedalus

10 dated milestones of Dedalus across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dedalus is founded.
  2. Funding First funding round of $7.0M.
  3. Acquisition Acquires NoemaLife.
  4. Funding Latest funding round, Grant, of $150K.
  5. Acquisition Acquires OSM Gruppe.
  6. Acquisition Acquires DOBCO Medical Systems.
  7. Acquisition Acquires ixmid.
  8. Acquisition Acquires swiftQueue.
  9. Acquisition Acquires Mitek.
  10. Exit Acquired by Ardian.

Web traffic of Dedalus

The website of Dedalus (dedalus.com) receives about 152.8K visits a month and ranks #203,893 among all websites worldwide, #6,610 in Health.

  • Monthly visits
    152.8K

    ▲ 9.9% vs previous month

  • Unique visitors
    42.6K

    per month

  • Global rank
    #203,893

    among all websites

  • Category rank
    #6,610

    Health · Health

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Dedalus

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Complete news archive for Dedalus

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Frequently Asked Questions about Dedalus

Dedalus was founded in 1982 and raised its 1st funding round 29 years after it was founded.

Dedalus is headquartered in Milano, Italy.

Andrea Fiumicelli is the CEO of Dedalus, as recorded in our data.

Dedalus is a funded company, having raised a total of $26.91M across 8 funding rounds to date. The company's 1st funding round was a Private Equity Round of $6.98M, raised on Mar 2011.

The primary company behind Dedalus, Dh Healthcare Software Services India Private Limited, reported revenue of β‚Ή225 Cr for FY 2025, down 6% year on year.

Dedalus was founded in 1982 in Milano, Italy, and operates in the healthcare software sector. A range of software solutions is offered to support interoperability across healthcare systems. These solutions are utilized to facilitate data exchange, optimize clinical processes, and manage patient information in hospitals, clinics, and other medical environments throughout Europe and beyond. Operations focus on integrating legacy systems with modern technologies to address workflow inefficiencies.

Dedalus has made 6 acquisitions, including DOBCO Medical Systems, Mitek, and NoemaLife.

Dedalus has 6 investors. Key investors include Tikehau Capital, European Union, Three Hills Capital Partners, Hutton Collins Partners, and Mandarin Capital Partners.

Dedalus operates through Dh Healthcare Software Services India Private Limited.

Yes. Dedalus was acquired by Ardian in October 2023.

The legal entities of Dedalus currently have 4 directors, including Romilla Kulshrestha, Sonam Singhal, Jagadeesan Shyam Sundar and others.

The website of Dedalus receives about 153 thousand visits a month and ranks #203,893 among all websites worldwide.

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