About Etransmedia Technology
Etransmedia Technology is a Healthcare company based in New York (United States) founded in 2000, and was acquired by Formativ Health in January 2017. End-to-end healthcare solutions are delivered to professionals nationwide. Etransmedia Technology has raised $8.3 million across 4 funding rounds from investors including Kemper, Formativ Health and Praesidian Capital. The company has 309 employees. Etransmedia Technology has completed 4 acquisitions, including DoctorsXL, HART and Hart Associates. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its legal entity is ETRANSMEDIA TECHNOLOGY, INC. Its competitors include Modernizing Medicine, Practice Fusion and Flatiron Health; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2000 and based in New York, United States, Etransmedia Technology operates in the healthcare sector. EHR and practice management systems, patient engagement tools, business analytics, care coordination, connectivity, integration solutions, revenue cycle management, and clinical documentation services are provided to group practices and health systems. Over 12,000 providers and 40,000 users are served across ambulatory, acute, and diagnostic facilities nationwide.
- Headquarters New York, United States
- Employees 309
- Stage Acquired
- SectorsHealthcare
- Website etransmedia.com
- Social LinkedIn X
- Acquired by Formativ Health (Jan 2017)
- Legal Name Etransmedia Technology, Inc.
- Total Equity Funding$8.3M (USD)
in 4 rounds
- InvestorsKemper
& 3 more
- Employee Count309
- Investments & AcquisitionsDoctorsXL
& 3 more
- Acquired byFormativ Health
(Jan 2017)
Funding Insights of Etransmedia Technology
Etransmedia Technology has successfully raised a total of $8.3M across 4 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 $8.3M
- Total Rounds 4
- Investors Count 3
All 4 funding rounds of Etransmedia Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | Private Equity Round | – | – | ||
| Feb 2014 | $8.3M | Private Equity Round | – | – | |
| Jan 2013 | Debt – Conventional | – | – | ||
| Jun 2006 | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
Investors in Etransmedia Technology
Etransmedia Technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Kemper, Formativ Health and Praesidian Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Praesidian Capital is focused on private equity investments in lower middle market businesses. | 2002 | praesidian.com | Oklahoma City, United States | |
Private equity investments are managed across multiple sectors. | peninsulafunds.com | Southfield, United States | ||
Life, health, auto, and business insurance services are provided. | 1990 | kemper.com | Chicago, United States | |
Patient engagement solutions are offered to healthcare providers. | 2016 | formativhealth.com | New York, United States |
Investor details for Etransmedia Technology
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Etransmedia Technology
Etransmedia Technology has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DoctorsXL, HART and Hart Associates.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Practice management software solutions and services. | doctorsxl.com | Reno, United States | 2007 | Jan 2015 | •••• | |
Multi-specialty medical billing and accounts receivable management services are provided. | medigistics.net | Columbus, United States | 1934 | Jan 2014 | •••• | |
HART is recognized as a full-service marketing and PR agency. | hartinc.com | Toledo, United States | 1965 | Oct 2011 | •••• | |
Medical billing and revenue cycle management services are offered. | hartassociates.com | Boston, United States | 1979 | Jun 2011 | •••• |
Complete acquisition details for Etransmedia Technology
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- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Etransmedia Technology
8 dated milestones of Etransmedia Technology across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Etransmedia Technology is founded.
- Funding First funding round.
- Acquisition Acquires Hart Associates.
- Acquisition Acquires HART.
- Acquisition Acquires Medigistics.
- Funding Latest funding round, Private Equity Round,.
- Acquisition Acquires DoctorsXL.
- Exit Acquired by Formativ Health.
Competitors of Etransmedia Technology
Etransmedia Technology has 3 listed competitors in our database, 3 of them funded. They include Modernizing Medicine, Practice Fusion and Flatiron Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modmed.com | 2010 | Boca Raton, United States | $329.17M | 1,563 | AI-driven EMR and practice management software is delivered for clinics. | |
| practicefusion.com | 2005 | San Francisco, United States | $254.9M | 212 | Cloud-based EHR system is provided for physicians' practices. | |
| flatiron.com | 2012 | New York, United States | $314.4M | 1,067 | Cloud-based oncology management tools are provided for cancer care providers. |
Detailed competitors of Etransmedia Technology
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- Full competitor set
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- Competitive positioning
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Etransmedia Technology (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Etransmedia Technology
Etransmedia Technology was founded in 2000 and raised its 1st funding round 6 years after it was founded.
Etransmedia Technology is headquartered in New York, United States. It is registered at New York, New York, United States.
Etransmedia Technology is a funded company, having raised a total of $8.3M across 4 funding rounds to date.
Etransmedia Technology has 309 employees.
Founded in 2000 and based in New York, United States, Etransmedia Technology operates in the healthcare sector. EHR and practice management systems, patient engagement tools, business analytics, care coordination, connectivity, integration solutions, revenue cycle management, and clinical documentation services are provided to group practices and health systems. Over 12,000 providers and 40,000 users are served across ambulatory, acute, and diagnostic facilities nationwide.
Etransmedia Technology's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.
Etransmedia Technology has made 4 acquisitions, including DoctorsXL, HART, and Hart Associates.
Etransmedia Technology has 4 investors. Key investors include Kemper, Formativ Health, Praesidian Capital, and Peninsula Capital Partners.
Etransmedia Technology operates through Etransmedia Technology, Inc..
Yes. Etransmedia Technology was acquired by Formativ Health in January 2017.