About EvidenceCare
EvidenceCare is a company based in Nashville (United States) founded in 2014 by Brian Fengler.. EvidenceCare has raised $24.54 million across 7 funding rounds from investors including Jumpstart Capital, Nuecura Partners and Auctus Capital Inc. EvidenceCare has completed 2 acquisitions, including Agathos and Healthcare Value Analytics. EvidenceCare offers products and services including AdmissionCare, CareGauge, ImagingCare, CarePathways, and OncologyCare. EvidenceCare operates in a competitive market with competitors including Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde Health, among others.
- Headquarter Nashville, United States
- Founders Brian Fengler
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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
$24.54 M (USD)
in 7 rounds
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Latest Funding Round
$15.36 M (USD), Series B
Mar 07, 2025
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Investors
Jumpstart Capital
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Agathos
& 1 more
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Products & Services of EvidenceCare
EvidenceCare offers a comprehensive portfolio of products and services, including AdmissionCare, CareGauge, ImagingCare, CarePathways, and OncologyCare. 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 bed status decisions and documentation to increase revenue.
Tool for real-time visibility into care costs and length of stay.
Platform for optimizing imaging workflows and reducing unwarranted variation.
System to guide clinical pathways and improve patient outcomes.
Software for oncology decisions and enhanced treatment documentation.
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Funding Insights of EvidenceCare
EvidenceCare has successfully raised a total of $24.54M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15.36 million completed in March 2025. 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 — $15.4M
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First Round
First Round
(14 Mar 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - EvidenceCare | Valuation |
investors |
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| Sep, 2023 | Amount | Series A - EvidenceCare | Valuation |
investors |
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| May, 2020 | Amount | Series A - EvidenceCare | 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 EvidenceCare
EvidenceCare has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Jumpstart Capital, Nuecura Partners and Auctus Capital Inc. 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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VC fund investing in healthcare startups
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Founded Year | Domain | Location | |
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Healthcare investments are managed by Nuecura Partners.
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Founded Year | Domain | Location | |
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Corporate advisory services are provided to businesses and investors.
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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 EvidenceCare
EvidenceCare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Agathos and Healthcare Value Analytics. 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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Provider of patient care cost worthiness and analysis software for providers and hospitals
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2016 | ||||
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Agathos is a healthcare company that focuses on reducing clinical variation for hospitals and primary care
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2015 |
| 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 - EvidenceCare
| 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 |
Evidencecare Comparisons
Competitors of EvidenceCare
EvidenceCare 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 Qventus, Pair Team, LeanTaaS, iCoreConnect and Avant-garde 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 |
AI software is utilized to optimize hospital operations.
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| domain | founded_year | HQ Location |
Workflow management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Resource utilization and patient times are optimized via specialized tools.
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| domain | founded_year | HQ Location |
Cloud-based workflow solutions are offered for dental practices.
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| domain | founded_year | HQ Location |
Web-based analytics platform for improving care quality and tracking performance
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| domain | founded_year | HQ Location |
Platform offering sales playbook software
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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 Evidencecare
Frequently Asked Questions about EvidenceCare
When was EvidenceCare founded?
EvidenceCare was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is EvidenceCare located?
EvidenceCare is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Who is the current CEO of EvidenceCare?
Brian Fengler is the current CEO of EvidenceCare. They have also founded this company.
Is EvidenceCare a funded company?
EvidenceCare is a funded company, having raised a total of $24.54M across 7 funding rounds to date. The company's 1st funding round was a Series A of $579.63K, raised on Mar 14, 2017.
What does EvidenceCare do?
EvidenceCare was founded in 2014 in Nashville, United States, within the healthcare technology sector. Digital tools are provided to support clinical workflows, with integration options for electronic medical records (EMR). Patients are risk-stratified, and condition-specific treatment recommendations are generated. Data is presented graphically for easy sharing with patients. Enterprise solutions enable hospitals to utilize content libraries and develop custom organizational materials, alongside various EMR documentation integrations.
Who are the top competitors of EvidenceCare?
What products or services does EvidenceCare offer?
EvidenceCare offers AdmissionCare, CareGauge, ImagingCare, CarePathways, and OncologyCare.
How many acquisitions has EvidenceCare made?
EvidenceCare has made 2 acquisitions, including Agathos, and Healthcare Value Analytics.
Who are EvidenceCare's investors?
EvidenceCare has 3 investors. Key investors include Jumpstart Capital, Nuecura Partners, and Auctus Capital Inc.