About Figmd
Figmd is a Healthcare company based in Schaumburg (United States) founded in 2010, and was acquired by MRO in June 2021. Healthcare quality measurement and improvement solutions are delivered. Figmd has raised $600.07 thousand across 2 funding rounds from investors including MRO. The company has 553 employees. Its Indian entity Figmd (India) Private Limited reported revenue of ₹108 Cr. Figmd offers products and services including Pegasus Quality Platform and PerformancePathway. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Title21 Health Solutions, nemedio and Quantros; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Indian entity revenue₹108 Cr
FY 2025 · +3% YoY
- Indian entity net profit₹12.02 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹17.81 Cr
FY 2025 · 16% margin
- Total Equity Funding$600.07K (USD)
in 2 rounds
- Latest Funding Round$499.99K (USD), Seed
Dec 2014
- Investors
- Employee Count553
- Acquired byMRO
(Jun 2021)
Associated legal entities of Figmd
Figmd operates through Figmd (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Figmd (India) Private Limited CIN U72900PN2016FTC165476 | Active | 12 Jul 2016 | Pune, Maharashtra | ₹108 Cr | 553 | 4 | View details |
Products & Services of Figmd
Figmd offers a comprehensive portfolio of products and services, including Pegasus Quality Platform and PerformancePathway.
Cloud-based tool for healthcare data analytics and interoperability
System for MIPS and ACO quality measure reporting
Apps and channels of Figmd
its YouTube channel FIGmd has 617 subscribers and 30 videos.
Videos from Figmd
The most watched videos on Figmd's YouTube channel, FIGmd (617 subscribers). Click a video to play it here.
More on FIGmd.
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.
- Total Funding $600,069
- Total Rounds 2
- Last Round Seed — $499,985
- First Round $100,084
(Jun 2011)
All 2 funding rounds of Figmd 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 |
|---|---|---|---|---|---|
| Dec 2014 | $499,985 | Seed | – | – | – |
| Jun 2011 | $100,084 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Figmd
Figmd has secured backing from 1 investor. Prominent investors backing the company include MRO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Secure PHI exchange solutions are provided for healthcare organizations. | 2002 | mrocorp.com | Norristown, United States |
Investor details for Figmd
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Board of directors of Figmd (India) Private Limited (Figmd)
Figmd (India) Private Limited is the primary company behind Figmd. The board of Figmd (India) Private Limited currently have 4 directors; the longest-serving is Samir Vijay Jahagirdar, appointed in 2019. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Samir Vijay Jahagirdar DIN 08604042 | Director | 06 Nov 2019 | 6 yrs 11 mo | Figmd (India) Private Limited |
| Nathan William Eastman DIN 10091396 | Director | 10 May 2023 | 3 yrs 5 mo | Figmd (India) Private Limited |
| Nathan William Eastman DIN 07580417 | Director | 12 Feb 2025 | 1 yr 8 mo | Figmd (India) Private Limited |
| Amit Virwal DIN 11052102 | Director | 24 Apr 2025 | 1 yr 6 mo | Figmd (India) Private Limited |
People of Figmd
1 people are tracked at Figmd (1 in leadership); the tracked headcount is 553.
| Name | Role | Group |
|---|---|---|
Sanket Baralay | CEO | Leadership |
Complete people profiles for Figmd
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Financials of Figmd
Figures of Figmd (India) Private Limited, the primary company behind Figmd, for FY 2025. Revenue was ₹108 Cr (+3% year on year). Net profit was ₹12.02 Cr (11% margin). EBITDA was ₹17.81 Cr (16% margin). Revenue has grown at a compounded annual rate of +3% over three years and +2% over five years.
- ₹108 CrRevenue · FY 2025 · +3% YoY
- ₹12.02 CrNet profit · 11% margin
- ₹17.81 CrEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 553Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Figmd (India) Private Limited are on its company page.
Detailed financial statements for Figmd
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Timeline of Figmd
4 dated milestones of Figmd across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Figmd is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $500K.
- Exit Acquired by MRO.
Competitors of Figmd
Figmd has 3 listed competitors in our database, 2 of them funded. They include Title21 Health Solutions, nemedio and Quantros.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| title21.com | 2001 | Pleasanton, United States | $656.27M | 14 | Quality management solutions are provided for health sciences organizations. | |
| nemedio.com | 2017 | Brooklyn, United States | $8.5M | Quality management software is provided for healthcare professionals. | ||
| quantros.com | 1999 | Milpitas, United States | 82 | SaaS data management solutions are offered for healthcare quality improvement. |
Detailed competitors of Figmd
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Web traffic of Figmd
The website of Figmd (figmd.com) receives about 4.7K visits a month.
- Monthly visits4.7K
▲ 15.6% vs previous month
Websites whose visitors overlap most with Figmd. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| newtonindia.com | 100% | 2.2K | #7,952,020 | View details | |
| bitwiseglobal.com | 85% | 16.5K | #1,233,272 | View details | |
zymr.com | zymr.com | 82% | #1,332,703 | – | |
| cuelogic.com | 80% | 5.4K | #3,997,587 | View details | |
talentica.com | talentica.com | 80% | #1,176,696 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 34 similar websites and full traffic analytics for Figmd
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- 34 similar websites
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Figmd (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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Related news about Figmd
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. The company's 1st funding round was a Seed of $100.08K, raised on Jun 2011.
Figmd has 553 employees.
The primary company behind Figmd, Figmd (India) Private Limited, reported revenue of ₹108 Cr for FY 2025, up 3% year on year.
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 Quantros.
Figmd offers Pegasus Quality Platform and PerformancePathway.
Figmd has 1 investor. Key investors include MRO.
Figmd operates through Figmd (India) Private Limited.
Yes. Figmd was acquired by MRO in June 2021.
The legal entities of Figmd currently have 3 directors, including Nathan William Eastman, Samir Vijay Jahagirdar, Amit Virwal.