Greenphire

King Of Prussia, United States Founded: 2007 • Age: 19 yrs Acquired By Thoma Bravo
Clinical payment technology for patient transactions in research is provided.
Annual revenue - Latest available
Total funding $5.8M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Greenphire

Greenphire is a company based in King Of Prussia (United States) founded in 2007 was acquired by Thoma Bravo in May 2021. 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. Greenphire operates in a competitive market with competitors including Cedar, Zelis Healthcare, PayZen, Alegeus and RevSpring, among others.

  • Headquarter King Of Prussia, United States
  • Sectors
    Healthcare
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.81 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Thoma Bravo

    & 1 more

    (May 26, 2021)

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Products & Services of Greenphire

Greenphire offers a comprehensive portfolio of products and services, including Patient Payments, Site Payments, Travel & Logistics, and Mobile Engagement.

Primary

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.

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
  • Total Rounds 4
  • Last Round
  • First Round

    (17 Aug 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Series A - Greenphire Valuation

investors

Jun, 2014 Amount Series A - Greenphire Valuation

investors

Oct, 2012 Amount Series A - Greenphire Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Technology ecosystem growth is supported in Southeastern Pennsylvania.
Founded Year Domain Location
Private equity and debt investments are managed for businesses.
Founded Year Domain Location
Early-stage venture capital is invested in tech startups across sectors.
Founded Year Domain Location

Investments & Acquisitions by Greenphire

Greenphire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clincierge.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Concierge services for clinical trial participants are facilitated.
2014

Financial Statements - Greenphire

Greenphire Comparisons

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Competitors of Greenphire

Greenphire 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 Cedar, Zelis Healthcare, PayZen, Alegeus and RevSpring, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based payment solutions are provided for healthcare billing and analytics.
domain founded_year HQ Location
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
domain founded_year HQ Location
AI medical billing software for healthcare professionals and organizations
domain founded_year HQ Location
Healthcare benefits are administered via tax-advantaged account platforms.
domain founded_year HQ Location
Revenue cycle management platform for healthcare centers is offered.

Latest news on Greenphire

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 $4.31M, raised on Aug 17, 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.

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