About Elation Health
Elation Health is a company based in San Francisco (United States) founded in 2010 by Kyna Fong and Conan Fong.. Elation Health has raised $90 million across 4 funding rounds from investors including Generation Investment Management, Ascend Partners and Threshold. The company has 156 employees as of December 31, 2022. Elation Health has completed 1 acquisition, including Lightning MD. Elation Health offers products and services including EHR, Elation Billing, Note Assist, and Patient Passport. Elation Health operates in a competitive market with competitors including AdvancedMD, Canvas Medical, nference, HealthPlix and Net Health, among others.
- Headquarter San Francisco, United States
- Employees 156 as on 31 Dec, 2022
- Founders Kyna Fong, Conan Fong
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series D
Jul 26, 2022
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Investors
Generation Investment Management
& 8 more
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Employee Count
156
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Elation Health
Elation Health offers a comprehensive portfolio of products and services, including EHR, Elation Billing, Note Assist, and Patient Passport. 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.
Software for efficient clinical documentation and patient management
Platform for streamlining insurance verification and claims processing
AI-powered scribe for reducing after-hours charting burden
Portal for accessing medical records and communicating with providers
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Software Development Team
49 people
Leadership Team
16 people
Advisor Team
16 people
Product Management Team
9 people
Sales and Marketing
6 people
Customer Team
5 people
Operations Team
5 people
Human Resources and Administration
4 people
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Funding Insights of Elation Health
Elation Health has successfully raised a total of $90M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in July 2022. 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 Series D — $50.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series D - Elation Health | Valuation | Generation Investment Management , Ascension Ventures | |
| Dec, 2020 | Amount | Series C - Elation Health | Valuation | Generation Investment Management | |
| Aug, 2016 | Amount | Series B - Elation Health | Valuation | DFJ |
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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 Elation Health
Elation Health has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Generation Investment Management, Ascend Partners and Threshold. 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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Private equity firm focused on sustainable investments
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Founded Year | Domain | Location | |
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Private equity firm investing in healthcare sector
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Threshold VC firm.
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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 Elation Health
Elation Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lightning MD. 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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EHR & practice management app
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2016 |
| 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 - Elation Health
| 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 |
Elation Health Comparisons
Competitors of Elation Health
Elation 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 AdvancedMD, Canvas Medical, nference, HealthPlix and Net 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based practice management, electronic health record (EHR), and medical scheduling software
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| domain | founded_year | HQ Location |
EMR and practice management systems are provided for primary care.
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| domain | founded_year | HQ Location |
AI platform provided for clinical data analysis and insights.
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| domain | founded_year | HQ Location |
EMR and clinic management software is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
End-to-end solutions for specialized outpatient care are delivered.
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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 Elation Health
Frequently Asked Questions about Elation Health
When was Elation Health founded?
Elation Health was founded in 2010.
Where is Elation Health located?
Elation Health is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Elation Health?
Kyna Fong is the current CEO of Elation Health. They have also founded this company.
Is Elation Health a funded company?
Elation Health is a funded company, having raised a total of $90M across 4 funding rounds to date.
How many employees does Elation Health have?
As of Dec 31, 2022, the latest employee count at Elation Health is 156.
What does Elation Health do?
Elation Health was founded in 2010 in San Francisco, United States, within the healthcare technology sector. An online electronic health record system is provided to private practice physicians, along with charting tools, practice administration features, and patient portals. Emphasis is placed on user-experience research and design, enabling access to prior visit details and lab reports for informed care delivery.
Who are the top competitors of Elation Health?
Elation Health's top competitors include HealthPlix, AdvancedMD and Canvas Medical.
What products or services does Elation Health offer?
Elation Health offers EHR, Elation Billing, Note Assist, and Patient Passport.
How many acquisitions has Elation Health made?
Elation Health has made 1 acquisition, including Lightning MD.
Who are Elation Health's investors?
Elation Health has 9 investors. Key investors include Generation Investment Management, Ascend Partners, Threshold, Fay Rotenberg, and Jonathan Bush.
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