About Envera Health
Envera Health is a company based in Richmond (United States) founded in 2015 was acquired by Access Healthcare in October 2023.. Envera Health has raised $25.39 million across 7 funding rounds from investors including Access Healthcare, Harbert Management and Noro-Moseley Partners. The company has 118 employees as of December 31, 2016. Envera Health offers products and services including Patient Access Services, Consumer Engagement, Patient Activation, and AI Automation. Envera Health operates in a competitive market with competitors including ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, among others.
- Headquarter Richmond, United States
- Employees 118 as on 31 Dec, 2016
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Envera Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.39 M (USD)
in 7 rounds
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Latest Funding Round
$1 M (USD), Series B
Jan 31, 2023
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Investors
Access Healthcare
& 3 more
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Employee Count
118
as on Dec 31, 2016
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Acquired by
Access Healthcare
(Oct 12, 2023)
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Products & Services of Envera Health
Envera Health offers a comprehensive portfolio of products and services, including Patient Access Services, Consumer Engagement, Patient Activation, and AI 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.
Improves patient communication and access for healthcare providers.
Optimizes strategies to convert leads into patient appointments.
Drives routine care and closes gaps in patient health.
Streamlines interactions and schedules using conversational AI.
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Funding Insights of Envera Health
Envera Health has successfully raised a total of $25.39M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in January 2023. 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 7
- Last Round Series B — $1.0M
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First Round
First Round
(29 Dec 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series B - Envera Health | Valuation |
investors |
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| Jul, 2022 | Amount | Series B - Envera Health | Valuation |
investors |
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| Aug, 2020 | Amount | Series B - Envera Health | 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 |
investors |
Investors in Envera Health
Envera Health has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Access Healthcare, Harbert Management and Noro-Moseley Partners. 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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Tech and Life Sciences focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Early-stage ventures are supported by NRV with capital and counsel.
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Founded Year | Domain | Location | |
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Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
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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 Envera Health
| 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 - Envera 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 |
Envera Health Comparisons
Competitors of Envera Health
Envera 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 ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, 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 |
Provider of patient engagement and prior authorization solutions
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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| domain | founded_year | HQ Location |
Patient engagement solutions for healthcare providers at point of care
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| domain | founded_year | HQ Location |
Provider of data analytics platform to help clinics schedule and allocate resources
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| domain | founded_year | HQ Location |
SaaS based tools for patient engagement
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| domain | founded_year | HQ Location |
Personalized health management with rewards for goals is facilitated.
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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 Envera Health
Frequently Asked Questions about Envera Health
When was Envera Health founded?
Envera Health was founded in 2015.
Where is Envera Health located?
Envera Health is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Who is the current CEO of Envera Health?
David Cerino is the current CEO of Envera Health.
Is Envera Health a funded company?
Envera Health is a funded company, having raised a total of $25.39M across 7 funding rounds to date. The company's 1st funding round was a Series B of $1M, raised on Dec 29, 2015.
How many employees does Envera Health have?
As of Dec 31, 2016, the latest employee count at Envera Health is 118.
What does Envera Health do?
Envera Health was founded in 2015 and is headquartered in Richmond, United States. Operations focus on the healthcare sector, where a platform is developed to facilitate engagement between providers and patients. Managed services, technology, infrastructure, and consulting are combined to support this. Key features encompass care management, remote patient monitoring, and care coordination, enabling optimized interactions in patient care.
Who are the top competitors of Envera Health?
Envera Health's top competitors include Hyro, CipherHealth and ixLayer.
What products or services does Envera Health offer?
Envera Health offers Patient Access Services, Consumer Engagement, Patient Activation, and AI Automation.
Who are Envera Health's investors?
Envera Health has 4 investors. Key investors include Access Healthcare, Harbert Management, Noro-Moseley Partners, and NRV.
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