About Forian
Forian is a Healthcare company based in Greenwood Village (United States) founded in 1999. Innovative software and data solutions are provided for healthcare. It operates on a HealthTech and SaaS (Software-as-a-Service) model. Forian has completed 5 acquisitions, including Amercanex, BioTrackTHC and Cannabase. Forian offers products and services including Real World Evidence (RWE) and Data Management Solutions. Its focus areas include Health Technology and Health Analytics. Its legal entity is Forian Inc. Its competitors include Canix, Simplifya and Akerna; 2 of its 3 listed competitors have raised funding.
Company details
Forian Inc. is focused on delivering cutting-edge software solutions, proprietary data, and predictive analytics to the healthcare industry. Challenges in operational, clinical, and financial performance are addressed for life sciences, providers, and payers. Real World Evidence and Data Management Solutions are offered to optimize outcomes. The healthcare sector is primarily served with technology-driven insights and tools.
- Headquarters Greenwood Village, United States
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website helixtechnologies.com
- Social LinkedIn X Facebook
- Legal Name Forian Inc.
- Annual Revenue$15.29 M (USD)60as on Dec 31, 2019
- Net Profit-$9.58 M (USD)-20as on Dec 31, 2019
- EBITDA-$5.44 M (USD)29as on Dec 31, 2019
- Latest Funding Round$1.88M (USD), Post-IPO
May 2017
- Investments & AcquisitionsAmercanex
& 4 more
Products & Services of Forian
Forian offers a comprehensive portfolio of products and services, including Real World Evidence (RWE) and Data Management Solutions.
Clinical evidence is contextualized for actionable healthcare insights.
Complex data is organized and standardized for actionable insights.
Funding Insights of Forian
- Total Rounds 8
- Last Round Post-IPO — $1.88M
- First Round $30,000
(Jan 2016)
All 8 funding rounds of Forian 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 |
|---|---|---|---|---|---|
| May 2017 | $1.88M | Post-IPO | – | – | – |
| Mar 2017 | $208,333 | Post-IPO | – | – | – |
| Feb 2017 | $445,000 | Post-IPO | – | – | – |
| May 2016 | $250,000 | Post-IPO | – | – | – |
| Apr 2016 | $150,000 | Post-IPO | – | – | – |
| Feb 2016 | $328,000 | Post-IPO | – | – | – |
| Feb 2016 | $60,000 | Post-IPO | – | – | – |
| Jan 2016 | $30,000 | Post-IPO | – | – | – |
People of Forian
24 people are tracked at Forian (10 in leadership, 8 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
Paul Reuscher | Chief Commercial Officer | Leadership |
Wouter van der Pluijm | Vice President, Market Insights & Solutions | Leadership |
Max C. Wygod | Chief Executive Officer | Leadership |
Adam Dublin | Co-Founder & Chief Strategy Officer | Leadership |
Mike Vesey | Chief Financial Officer | Leadership |
Rebecca Adams | VP, Human Resources | Leadership |
Mike Sawyer | Vice President, Strategy | Leadership |
Ashwin Anand | Associate Director, Client Engagement | Leadership |
Daniel Lowry | Director Of Information Technology | Leadership |
Sagar Patel | Vice President Marketing | Leadership |
Martin J. Wygod | Director | Board & advisors |
Ian G. Banwell | Director | Board & advisors |
Stanley S. Trotman, Jr. | Director | Board & advisors |
Alyssa F. Varadhan | Director | Board & advisors |
Mark J. Adler | Director | Board & advisors |
Kristiina Vuori | Director | Board & advisors |
Jennifer Hajj | Director | Board & advisors |
Shahir Kassam-Adams | Director | Board & advisors |
Richard H. | Senior System Engineer | Team |
John Patti | Accounting Supervisor | Team |
4 more people are available in the full profile.
Complete people profiles for Forian
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Forian
Forian has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Amercanex, BioTrackTHC and Cannabase.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Bodyguard and professional armed security services are provided worldwide. | tiprotection.com | 2019 | Apr 2019 | $800,000 | ||
Web-based marketplace platform for cannabis trading is provided. | amercanex.com | Denver, United States | 2013 | Feb 2019 | •••• | |
Advertising and website design services are provided by Engeni. | engeni.com | Denver, United States | 2016 | Aug 2018 | •••• | |
Provides farm business management solutions for medical cannabis industry | biotrack.com | Fort Lauderdale, United States | 2010 | Feb 2018 | •••• | |
Wholesale cannabis products are connected via an online B2B platform. | cannabase.io | Denver, United States | 2013 | Jul 2016 | •••• |
Complete acquisition details for Forian
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Forian
8 dated milestones of Forian across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Forian is founded.
- Funding First funding round of $30K.
- Acquisition Acquires Cannabase.
- Funding Latest funding round, Post-IPO, of $1.9M.
- Acquisition Acquires BioTrackTHC.
- Acquisition Acquires Engeni.
- Acquisition Acquires Amercanex.
- Acquisition Acquires TiProtection.
Competitors of Forian
Forian has 3 listed competitors in our database, 2 of them funded. They include Canix, Simplifya and Akerna.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| canix.com | 2018 | San Francisco, United States | $10.15M | ERP software is developed for cannabis companies to manage operations. | ||
| simplifya.com | 2016 | Denver, United States | $13.5M | 21 | Cloud-based audit and compliance software is provided for cannabis businesses. | |
| akerna.com | 2010 | Denver, United States | 112 | Enterprise software is provided for cannabis, hemp, and CBD industries. |
Detailed competitors of Forian
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Cannabis Health Tech Ecosystem
3 companies that operate in the same segment as Forian (Cannabis Health Tech Ecosystem) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | |||
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | ||
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | 469 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Forian
Complete news archive for Forian
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forian
Forian was founded in 1999 and raised its 1st funding round 17 years after it was founded.
Forian is headquartered in Greenwood Village, United States. It is registered at Greenwood Village, Colorado, United States.
Annual revenue of Forian is $15.29M as on Dec 31, 2019.
Forian Inc. is focused on delivering cutting-edge software solutions, proprietary data, and predictive analytics to the healthcare industry. Challenges in operational, clinical, and financial performance are addressed for life sciences, providers, and payers. Real World Evidence and Data Management Solutions are offered to optimize outcomes. The healthcare sector is primarily served with technology-driven insights and tools.
Forian offers Real World Evidence (RWE) and Data Management Solutions.
Forian has made 5 acquisitions, including Amercanex, BioTrackTHC, and Cannabase.
Forian operates through Forian Inc..