About Digitize.AI
Digitize.AI is a company based in Charlotte (United States) founded in 2017 by Justin Adams, Pat Morrell, and Mark Henry was acquired by Waystar in July 2019.. Digitize.AI has raised $625 thousand across 4 funding rounds from investors including Waystar, Praxis and Dreamit. Digitize.AI operates in a competitive market with competitors including Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde Health, among others.
- Headquarter Charlotte, United States
- Founders Justin Adams, Pat Morrell, Mark Henry
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Funding Insights of Digitize.AI
Digitize.AI has successfully raised a total of $625K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in June 2019. 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 Funding
- Total Rounds 4
- Last Round Seed — $100,000
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First Round
First Round
(19 Aug 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Seed - Digitize.AI | Valuation | Praxis |
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| Apr, 2019 | Amount | Seed - Digitize.AI | Valuation | Dreamit |
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| Aug, 2017 | Amount | Seed - Digitize.AI | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Digitize.AI
Digitize.AI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Waystar, Praxis and Dreamit. 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.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic acceleration is provided to startups by Praxis.
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Founded Year | Domain | Location | |
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Startup accelerator
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Founded Year | Domain | Location | |
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Cloud-based healthcare revenue cycle management solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Digitize.AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Digitize.AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Digitize.Ai Comparisons
Competitors of Digitize.AI
Digitize.AI 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 Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde Health, 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 |
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| domain | founded_year | HQ Location |
AI software is utilized to optimize hospital operations.
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| domain | founded_year | HQ Location |
Workflow management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Resource utilization and patient times are optimized via specialized tools.
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| domain | founded_year | HQ Location |
Cloud-based workflow solutions are offered for dental practices.
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| domain | founded_year | HQ Location |
Web-based analytics platform for improving care quality and tracking performance
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| domain | founded_year | HQ Location |
Platform offering sales playbook software
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Digitize.Ai
Frequently Asked Questions about Digitize.AI
When was Digitize.AI founded?
Digitize.AI was founded in 2017.
Where is Digitize.AI located?
Digitize.AI is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Digitize.AI?
Justin Adams is the current CEO of Digitize.AI. They have also founded this company.
Is Digitize.AI a funded company?
Digitize.AI is a funded company, having raised a total of $625K across 4 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Aug 19, 2017.
What does Digitize.AI do?
Digitize.AI was founded in 2017 and is based in Charlotte, United States. Operations focus on healthcare, where prior authorization and utilization management solutions are delivered to professionals. Key offerings include Lia, an AI-driven tool for prior authorizations that supports revenue cycle management and denial reduction, alongside Mia. These services address administrative needs in the sector.
Who are the top competitors of Digitize.AI?
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