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
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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 Figmd (India) Private Limited
- Date of Incorporation 12 Jul, 2016
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$11.94 M (USD)18.24as on Mar 31, 2022
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Net Profit
$527.79 K (USD)39.59as on Mar 31, 2022
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EBITDA
$1.17 M (USD)5.2as on Mar 31, 2022
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Total Equity Funding
$600.07 K (USD)
in 2 rounds
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Latest Funding Round
$499.99 K (USD), Seed
Dec 15, 2014
- Investors
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Employee Count
553
as on Apr 05, 2024
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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.
Cloud-based tool for healthcare data analytics and interoperability
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.
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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
Investment portfolio details for Figmd
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Financial Statements - Figmd
Detailed financials for Figmd
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Figmd Comparisons
Peer comparison for Figmd
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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
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.