Diameter Health

Farmington, United States Founded: 2013 • Age: 13 yrs Acquired By Availity
SaaS-based analytic solutions are provided for healthcare data management.
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About Diameter Health

Diameter Health is a company based in Farmington (United States) founded in 2013 by John D'Amore was acquired by Availity in August 2022.. Diameter Health has raised $29.7 million across 5 funding rounds from investors including Centene, Availity and Optum Ventures. The company has 4 employees as of June 30, 2017. Diameter Health operates in a competitive market with competitors including Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, among others.

  • Headquarter Farmington, United States
  • Employees 4 as on 30 Jun, 2017
  • Founders John D'Amore
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Diameter Health, Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.7 M (USD)

    in 5 rounds

  • Latest Funding Round
    $18 M (USD), Series B

    Sep 14, 2020

  • Investors
    Centene

    & 6 more

  • Employee Count
    4

    as on Jun 30, 2017

  • Acquired by
    Availity

    (Aug 09, 2022)

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People of Diameter Health
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Ashley F. Basile
Chief Product Officer
People
Dr. Shruti Kedia
Implementation Manager

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Funding Insights of Diameter Health

Diameter Health has successfully raised a total of $29.7M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in September 2020. 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 5
  • Last Round Series B — $18.0M
  • First Round

    (20 May 2015)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Series B - Diameter Health Valuation Centene
Feb, 2019 Amount Series A - Diameter Health Valuation Optum Ventures
May, 2018 Amount Debt – Conventional - Diameter Health 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 Diameter Health

Diameter Health has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Centene, Availity and Optum Ventures. 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
Institutional
Investor Description Founded Year Domain Location
Early-stage tech and offline focused VC firm funding companies in the US
Founded Year Domain Location
Early stage venture capital firm investing in the US
Founded Year Domain Location
Early-stage venture capital is provided by Activate Venture Partners.
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 Diameter Health

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 - Diameter Health

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

Diameter Health Comparisons

Employees
+
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Competitors of Diameter Health

Diameter Health 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 Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, 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-driven clinical data management tools are offered to healthcare providers.
domain founded_year HQ Location
Verana Health is focused on real-world data analytics in healthcare.
domain founded_year HQ Location
Healthcare analytics platforms and applications are developed for clinicians.
domain founded_year HQ Location
Cloud-based clinical data management platform for healthcare providers
domain founded_year HQ Location
Healthcare data platform for learning services is provided.
domain founded_year HQ Location
Provider of an AI-based medical data management and mining platform for the healthcare industry
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 Diameter Health

Frequently Asked Questions about Diameter Health

When was Diameter Health founded?

Diameter Health was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Diameter Health located?

Diameter Health is headquartered in Farmington, United States.

Is Diameter Health a funded company?

Diameter Health is a funded company, having raised a total of $29.7M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.08M, raised on May 20, 2015.

How many employees does Diameter Health have?

As of Jun 30, 2017, the latest employee count at Diameter Health is 4.

What does Diameter Health do?

Diameter Health offers SaaS-based analytic solutions that assist with data management solutions for healthcare professionals. The companys platform DH Fusion includes analytical solutions like DH Predict, DH Envision, DH Staff, CCD Analyzer, DH Cohort, DH Quality. The companys predictive readmission prevention algorithms are currently used in the Apervita platform. The platform allows users to access patient data such as patient history, EHR, and more. Users can management clinical data and patient information using the software. The company has a solution called Data Dashboard that provides patient management solutions and care coordination solutions.

Who are the top competitors of Diameter Health?

Diameter Health's top competitors include Carta Healthcare, Truveta and ClearDATA.

Who are Diameter Health's investors?

Diameter Health has 7 investors. Key investors include Centene, Availity, Optum Ventures, LRVHealth, and Activate Venture Partners.

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