About Edifecs
Edifecs is a company based in Bellevue (United States) founded in 1996 was acquired by Cotiviti in February 2025.. The company has 431 employees as of April 07, 2024. Edifecs has completed 2 acquisitions, including Health Fidelity and Talix. Edifecs offers products and services including Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway. Edifecs operates in a competitive market with competitors including Azalea Health, DrFirst, Innovaccer, Health Catalyst and CitiusTech, among others.
- Headquarter Bellevue, United States
- Employees 431 as on 07 Apr, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Edifecs Technologies Private Limited
- Date of Incorporation 25 Feb, 2010
- Jurisdiction S.A.S.Nagar (Mohali), Punjab, India
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Annual Revenue
$9.66 M (USD)34.98as on Mar 31, 2023
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Net Profit
$1.13 M (USD)126.73as on Mar 31, 2023
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EBITDA
$1.66 M (USD)39.77as on Mar 31, 2023
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Latest Funding Round
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Investors
Francisco Partners
& 2 more
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Employee Count
431
as on Apr 07, 2024
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Investments & Acquisitions
Health Fidelity
& 1 more
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Acquired by
Cotiviti
(Feb 10, 2025)
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Products & Services of Edifecs
Edifecs offers a comprehensive portfolio of products and services, including Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for connecting and optimizing healthcare data sharing.
Gateway for electronic healthcare data interchange and transactions.
Enables real-time data access and interoperability using FHIR standards.
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Leadership Team
26 people
Product Management Team
23 people
Software Development Team
17 people
Senior Team
11 people
Sales and Marketing
9 people
Lead Team
6 people
Human Resources and Administration
5 people
Creative and Marketing Team
3 people
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Funding Insights of Edifecs
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Private Equity Round - Edifecs | Valuation | TA , Francisco Partners |
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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 |
investors |
Investors in Edifecs
Edifecs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners, Cotiviti and TA Associates. 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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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Analytics-driven payment accuracy solutions for healthcare payers 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 Edifecs
Edifecs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Health Fidelity and Talix. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud and AI based analytics platform that provides healthcare risk adjustment solutions
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2015 | ||||
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NLP and analytics based risk adjustment solutions for providers and payers
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Edifecs
| 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 |
Edifecs Comparisons
Competitors of Edifecs
Edifecs 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 Azalea Health, DrFirst, Innovaccer, Health Catalyst and CitiusTech, 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 |
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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| domain | founded_year | HQ Location |
E-prescription and secure messaging solutions are offered to healthcare providers.
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| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
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| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Provider of AI solutions for clinical, operational, and business outcomes
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| domain | founded_year | HQ Location |
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Edifecs
Frequently Asked Questions about Edifecs
When was Edifecs founded?
Edifecs was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Where is Edifecs located?
Edifecs is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
How many employees does Edifecs have?
As of Apr 07, 2024, the latest employee count at Edifecs is 431.
What is the annual revenue of Edifecs?
Annual revenue of Edifecs is $9.66M as on Mar 31, 2023.
What does Edifecs do?
Edifecs was founded in 1996 and is headquartered in Bellevue, United States. Healthcare IT solutions are developed for providers, insurers, pharmacy benefit management companies, and trading partners. Operations focus on streamlining data exchange and compliance in the healthcare sector. Supply chain management solutions are extended to non-healthcare industries to support efficiency across segments.
Who are the top competitors of Edifecs?
Edifecs's top competitors include Innovaccer, CompuGroup Medical and DrFirst.
What products or services does Edifecs offer?
Edifecs offers Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway.
How many acquisitions has Edifecs made?
Edifecs has made 2 acquisitions, including Health Fidelity, and Talix.
Who are Edifecs's investors?
Edifecs has 3 investors. Key investors include Francisco Partners, Cotiviti, and TA Associates.
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