Figmd

Schaumburg, United States Founded: 2010 • Age: 16 yrs Acquired By MRO
Healthcare quality measurement and improvement solutions are delivered.
Annual revenue $11.9M Latest available
Total funding $600,069 2 rounds
Employees 553 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Figmd

Figmd is a company based in Schaumburg (United States) founded in 2010 was acquired by MRO in June 2021. Figmd has raised $600.07 thousand across 2 funding rounds from investors including MRO. The company has 553 employees as of April 05, 2024. Figmd offers products and services including Pegasus Quality Platform and PerformancePathway. Figmd operates in a competitive market with competitors including Title21 Health Solutions, ImproveWell, nemedio, Quantros and MDdatacor, among others.

  • Headquarter Schaumburg, United States
  • Employees 553 as on 05 Apr, 2024
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Figmd (India) Private Limited
  • Date of Incorporation 12 Jul, 2016
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.94 M (USD)
    18.24
    as on Mar 31, 2022
  • Net Profit
    $527.79 K (USD)
    39.59
    as on Mar 31, 2022
  • EBITDA
    $1.17 M (USD)
    5.2
    as on Mar 31, 2022
  • Total Equity Funding
    $600.07 K (USD)

    in 2 rounds

  • Latest Funding Round
    $499.99 K (USD), Seed

    Dec 15, 2014

  • Investors
  • Employee Count
    553

    as on Apr 05, 2024

  • Acquired by
    MRO

    (Jun 14, 2021)

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Products & Services of Figmd

Figmd offers a comprehensive portfolio of products and services, including Pegasus Quality Platform and PerformancePathway.

Product name locked
Category locked
Primary

Cloud-based tool for healthcare data analytics and interoperability

Product name locked
Category locked
Locked

System for MIPS and ACO quality measure reporting

Funding Insights of Figmd

Figmd has successfully raised a total of $600.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $499.99 thousand completed in December 2014. 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.

Investors in Figmd

Figmd has secured backing from 1 investor. Prominent investors backing the company include MRO.

All
Investor Description Founded Year Domain Location
Secure PHI exchange solutions are provided for healthcare organizations.
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Investor details for Figmd

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Investments & Acquisitions by Figmd

Investments
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Investment portfolio details for Figmd

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Financial Statements - Figmd

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Figmd Comparisons

Figmd Primary company
Description
Healthcare quality measurement and improvement solutions are...
Location
Schaumburg, United States
Founded Year
2010
Annual Revenue
$11.94 M (USD)
Net Profit
$527.79 K (USD)
EBITDA
$1.17 M (USD)
Employees
553
As of 2024
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Peer comparison for Figmd

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Figmd

Figmd 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 Title21 Health Solutions, ImproveWell, nemedio, Quantros and MDdatacor, among others.

Company Name Domain Founded year HQ Location Description
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Quality management solutions are provided for health sciences organizations.
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Digital platform for quality management and staff communication is provided.
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Quality management software is provided for healthcare professionals.
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SaaS data management solutions are offered for healthcare quality improvement.
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SaaS based quality management solutions for insurers and providers
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Patient safety software provider
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Detailed competitors of Figmd

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Latest news on Figmd

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Complete news archive for Figmd

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Frequently Asked Questions about Figmd

Figmd was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Figmd is headquartered in Schaumburg, United States. It is registered at Schaumburg, Illinois, United States.

Figmd is a funded company, having raised a total of $600.07K across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Figmd is 553.

Annual revenue of Figmd is $11.94M as on Mar 31, 2022.

Figmd was founded in 2010 in Schaumburg, United States, within the healthcare sector. Data collection, measurement, analysis, and reporting solutions are provided to support quality improvement programs. Organizations are enabled to establish measurement initiatives, analyze data, and implement quality improvement efforts linked to physician compensation. These tools facilitate compliance and performance tracking in healthcare settings.

Figmd's top competitors include Title21 Health Solutions, nemedio and MDdatacor.

Figmd offers Pegasus Quality Platform and PerformancePathway.

Figmd has 1 investor. Key investors include MRO.

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