About emids
emids is a company based in Franklin (United States) founded in 1999 by Saurabh Sinha was acquired by New Mountain Capital in September 2019.. emids has raised $13.3 million across 2 funding rounds from investors including BVF, Council Capital and Baird Capital. The company has 1,471 employees as of April 10, 2024. emids has completed 4 acquisitions, including Encore Health Resources, FlexTech and Macadamian. emids offers products and services including Generative AI, Consulting, Design-Led Engineering, Data Engineering, and Automation. emids operates in a competitive market with competitors including Azalea Health, DrFirst, Innovaccer, Health Catalyst and CitiusTech, among others.
- Headquarter Franklin, United States
- Employees 1471 as on 10 Apr, 2024
- Founders Saurabh Sinha
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Emids Technologies Private Limited
- Date of Incorporation 08 Feb, 1999
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$57.33 M (USD)0as on Mar 31, 2023
-
Net Profit
$5.1 M (USD)0as on Mar 31, 2023
-
EBITDA
$7.13 M (USD)0as on Mar 31, 2023
-
Total Equity Funding
$13.3 M (USD)
in 2 rounds
-
Latest Funding Round
-
Investors
BVF
& 3 more
-
Employee Count
1471
as on Apr 10, 2024
-
Investments & Acquisitions
Encore Health Resources
& 3 more
-
Acquired by
New Mountain Capital
(Sep 26, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of emids
emids offers a comprehensive portfolio of products and services, including Generative AI, Consulting, Design-Led Engineering, Data Engineering, and Automation. 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.
Utilizes AI to enhance healthcare product development and efficiency.
Provides expert advice for healthcare innovation and digital transformation.
Focuses on human-centered solutions for patients and providers.
Enables data-driven insights for transformative healthcare outcomes.
Automates tasks to reduce costs and improve healthcare operations.
Accelerates digital transformation in healthcare systems.
Drives insights for better healthcare decision-making.
Enables flexible technology creation for evolving needs.
Unlock access to complete
Unlock access to complete
Software Development Team
65 people
Leadership Team
35 people
Senior Team
7 people
Data Analysis and Operations Team
7 people
QA Team
6 people
Human Resources and Administration
6 people
Board Team
6 people
Sales and Marketing
5 people
Unlock access to complete
Funding Insights of emids
emids has successfully raised a total of $13.3M across 2 strategic funding rounds. 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 2
- Last Round Last Round
-
First Round
First Round
(04 Dec 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - emids | Valuation | BVF |
|
| Dec, 2013 | Amount | Series A - emids | Valuation | Council Capital , Baird Capital |
|
| 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 emids
emids has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include BVF, Council Capital and Baird Capital. 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 |
|---|---|---|---|---|
|
Funding is provided to healthcare startups by corporate-backed BVF.
|
Founded Year | Domain | Location | |
|
Council Capital is focused on healthcare investment and support.
|
Founded Year | Domain | Location | |
|
Global private equity and venture capital investments in B2B Tech & Services companies.
|
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 emids
emids has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Encore Health Resources, FlexTech and Macadamian. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Product design and development company
|
2010 | ||||
|
Cybersecurity consulting and penetration testing services are provided.
|
2009 | ||||
|
UX design and software development services
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - emids
| 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 |
Emids Comparisons
Competitors of emids
emids 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
|
|
| domain | founded_year | HQ Location |
E-prescription and secure messaging solutions are offered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
|
|
| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
|
|
| domain | founded_year | HQ Location |
Provider of AI solutions for clinical, operational, and business outcomes
|
|
| domain | founded_year | HQ Location |
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
|
| 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 Emids
Frequently Asked Questions about emids
When was emids founded?
emids was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Where is emids located?
emids is headquartered in Franklin, United States.
Who is the current CEO of emids?
Saurabh Sinha is the current CEO of emids. They have also founded this company.
Is emids a funded company?
emids is a funded company, having raised a total of $13.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13.3M, raised on Dec 04, 2013.
How many employees does emids have?
As of Apr 10, 2024, the latest employee count at emids is 1,471.
What is the annual revenue of emids?
Annual revenue of emids is $57.33M as on Mar 31, 2023.
What does emids do?
Founded in 1999 and headquartered in Franklin, United States, digital transformation solutions are delivered by the company across the healthcare and life sciences sectors. Services encompass healthcare core platforms, IT support, data analytics, telehealth options, and related technologies. These offerings address challenges faced by payers, providers, and healthcare systems in the ecosystem.
Who are the top competitors of emids?
emids's top competitors include Innovaccer, CompuGroup Medical and DrFirst.
What products or services does emids offer?
emids offers Generative AI, Consulting, Design-Led Engineering, Data Engineering, and 4 more products and services.
How many acquisitions has emids made?
emids has made 4 acquisitions, including Encore Health Resources, FlexTech, and Macadamian.
Who are emids's investors?
emids has 4 investors. Key investors include BVF, Council Capital, Baird Capital, and New Mountain Capital.