About Fairway Health
Fairway Health is a company based in New York (United States) founded in 2022 by Grace Wang, Joseph Chen, and Moses Im was acquired by TurningPoint Healthcare Solutions in June 2024.. Fairway Health has raised $500 thousand across 1 funding round from investors including TurningPoint Healthcare Solutions and Y Combinator. Fairway Health offers products and services including AI Prior Authorization Platform. Fairway Health operates in a competitive market with competitors including Remepy, Omda, MICA, Ataraxis and Significo, among others.
- Headquarter New York, United States
- Founders Grace Wang, Joseph Chen, Moses Im
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Speakmosaic, 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
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jun 01, 2023
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Investors
TurningPoint Healthcare Solutions
& 1 more
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Employee Count
Employee Count
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Acquired by
TurningPoint Healthcare Solutions
(Jun 12, 2024)
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Products & Services of Fairway Health
Fairway Health offers a comprehensive portfolio of products and services, including AI Prior Authorization Platform. 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.
Platform using AI to automate and streamline prior authorization processes
Funding Insights of Fairway Health
Fairway Health has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 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 1
- Last Round Seed — $500,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Fairway Health | Valuation |
investors |
| 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 Fairway Health
Fairway Health has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TurningPoint Healthcare Solutions and Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Provider of complex condition management solutions for health plans and providers
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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 Fairway 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 - Fairway 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 |
Fairway Health Comparisons
Competitors of Fairway Health
Fairway 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 Remepy, Omda, MICA, Ataraxis and Significo, 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 |
Healthcare software applications are developed and provided for medical use.
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| domain | founded_year | HQ Location |
Regulatory and security compliant software solutions are provided by Omda.
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| domain | founded_year | HQ Location |
AI-based decision support systems are provided for radiologists.
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| domain | founded_year | HQ Location |
Provider of AI-based diagnostic platform
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| domain | founded_year | HQ Location |
Software development services are provided by Significo in Austin.
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| domain | founded_year | HQ Location |
AI development services for healthcare sectors are provided.
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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 Fairway Health
Frequently Asked Questions about Fairway Health
When was Fairway Health founded?
Fairway Health was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Fairway Health located?
Fairway Health is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Fairway Health?
Moses Im is the current CEO of Fairway Health. They have also founded this company.
Is Fairway Health a funded company?
Fairway Health is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2023.
What does Fairway Health do?
Fairway Health, founded in 2022 in New York, United States, focuses on providing healthcare solutions, services for healthcare providers, it outsourcing, and application development. Provider of AI powered solutions for health care industry. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Fairway Health?
Fairway Health's top competitors include Digital Autopsy, Ataraxis and MICA.
What products or services does Fairway Health offer?
Fairway Health offers AI Prior Authorization Platform.
Who are Fairway Health's investors?
Fairway Health has 2 investors. Key investors include TurningPoint Healthcare Solutions, and Y Combinator.