About Greenphire
Greenphire is a Healthcare company based in King Of Prussia (United States) founded in 2007, and was acquired by Thoma Bravo in May 2021. Clinical payment technology for patient transactions in research is provided. It operates in the Healthcare and Financial Services sectors. Greenphire has raised $5.81 million across 4 funding rounds from investors including Ares Capital Corporation, FirstMark and Thoma Bravo. Greenphire has completed 1 acquisition, including Clincierge. Greenphire offers products and services including Patient Payments, Site Payments, Travel & Logistics, and Mobile Engagement. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials. Its competitors include Cedar, Zelis Healthcare and PayZen; 2 of its 3 listed competitors have raised funding.
Company details
Greenphire was founded in 2007 and is headquartered in King of Prussia, United States. Clinical payment technology is offered by the company within the healthcare research sector. The ClinCard product is utilized for patient payments across multiple currencies, while eClinicalGPS is employed to calculate payments accurately, manage approvals, and automate executions in local currencies. Operations focus on streamlining financial processes for research professionals and sites.
- Headquarters King Of Prussia, United States
- Stage Acquired
- SectorsHealthcareFinancial Services
- Website greenphire.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Thoma Bravo (May 2021)
- Total Equity Funding$5.81M (USD)
in 4 rounds
- InvestorsAres Capital Corporation
& 4 more
- Investments & Acquisitions
- Acquired by
Products & Services of Greenphire
Greenphire offers a comprehensive portfolio of products and services, including Patient Payments, Site Payments, Travel & Logistics, and Mobile Engagement.
Automates reimbursements for clinical trial participants efficiently.
Manages payments to research sites for trial operations.
Provides travel arrangements for participants in trials.
Offers mobile apps for participant interaction and feedback.
Apps and channels of Greenphire
its YouTube channel Suvoda (now merged with Greenphire) has 152 subscribers and 30 videos.
Videos from Greenphire
The most watched videos on Greenphire's YouTube channel, Suvoda (now merged with Greenphire) (152 subscribers). Click a video to play it here.
More on Suvoda (now merged with Greenphire).
Funding Insights of Greenphire
Greenphire has successfully raised a total of $5.81M across 4 strategic funding rounds. 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 $5.81M
- Total Rounds 4
- First Round $1.5M
(Aug 2011)
- Investors Count 3
All 4 funding rounds of Greenphire 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 |
|---|---|---|---|---|---|
| Jun 2017 | Series A | – | – | ||
| Jun 2014 | Series A | – | – | ||
| Oct 2012 | $4.31M | Series A | – | – | – |
| Aug 2011 | $1.5M | Series A | – | FirstMark | – |
5 investors in total: 5 institutional.
Investors in Greenphire
Greenphire has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Ares Capital Corporation, FirstMark and Thoma Bravo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology ecosystem growth is supported in Southeastern Pennsylvania. | sep.benfranklin.org | Philadelphia, United States | ||
Private equity and debt investments are managed for businesses. | 2004 | arescapitalcorp.com | Los Angeles, United States | |
Early-stage venture capital is invested in tech startups across sectors. | 1987 | firstmark.com | New York, United States | |
Private equity and debt are provided to middle market companies. | riversidecompany.com | Cleveland, United States | ||
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States |
Investor details for Greenphire
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Investments & Acquisitions by Greenphire
Greenphire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clincierge.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Concierge services for clinical trial participants are facilitated. | clincierge.com | Philadelphia, United States | 2014 | Feb 2024 | •••• |
Complete acquisition details for Greenphire
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Greenphire
6 dated milestones of Greenphire across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Greenphire is founded.
- Funding First funding round of $1.5M.
- Exit Acquired by Riverside.
- Funding Latest funding round, Series A,.
- Exit Acquired by Thoma Bravo.
- Acquisition Acquires Clincierge.
Competitors of Greenphire
Greenphire has 3 listed competitors in our database, 2 of them funded. They include Cedar, Zelis Healthcare and PayZen.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cedar.com | 2016 | New York, United States | $351M | Cloud-based payment solutions are provided for healthcare billing and analytics. | ||
| zelis.com | 1995 | Boston, United States | 2,336 | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | ||
| payzen.com | 2011 | San Francisco, United States | $72M | AI medical billing software for healthcare professionals and organizations |
Detailed competitors of Greenphire
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Greenphire
Websites that share an audience with Greenphire (greenphire.com).
Websites whose visitors overlap most with Greenphire. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
clincard.com | clincard.com | 100% | #362,289 | – | |
paidresearchstudies.org | paidresearchstudies.org | 88% | – | ||
| clinicaltrialsgps.com | 88% | #1,700,128 | View details | ||
| clinlife.com | 88% | View details | |||
| centerwatch.com | 84% | 158.2K | #254,725 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Greenphire
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- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Greenphire (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 Greenphire
Complete news archive for Greenphire
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Frequently Asked Questions about Greenphire
Greenphire was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Greenphire is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Greenphire is a funded company, having raised a total of $5.81M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.5M, raised on Aug 2011.
Greenphire was founded in 2007 and is headquartered in King of Prussia, United States. Clinical payment technology is offered by the company within the healthcare research sector. The ClinCard product is utilized for patient payments across multiple currencies, while eClinicalGPS is employed to calculate payments accurately, manage approvals, and automate executions in local currencies. Operations focus on streamlining financial processes for research professionals and sites.
Greenphire's top competitors include Cedar, PayZen and Zelis Healthcare.
Greenphire offers Patient Payments, Site Payments, Travel & Logistics, and Mobile Engagement.
Greenphire has made 1 acquisition, including Clincierge.
Greenphire has 5 investors. Key investors include Ares Capital Corporation, FirstMark, Thoma Bravo, Ben Franklin Technology Partners, and The Riverside Company.
Yes. Greenphire was acquired by Thoma Bravo in May 2021.