Greenway Health

Carrollton, United States Founded: 1998 • Age: 28 yrs Acquired By Vista Equity Partners
Clinical and financial solutions are delivered to ambulatory providers.
Request Access

About Greenway Health

Greenway Health is a company based in Carrollton (United States) founded in 1998 was acquired by Vista Equity Partners in September 2013. It operates as a SaaS (Software-as-a-Service), and Managed Services. Greenway Health has raised $47.3 million across 3 funding rounds from investors including Investor Growth Capital and Vista Equity Partners. The company has 796 employees as of April 08, 2024. Greenway Health has completed 2 acquisitions, including GHN-Online and PeopleLYNK. Greenway Health offers products and services including Greenway Clinical Assist, Greenway Health Pay, and Greenway Patient Connect. Greenway Health operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.

  • Headquarter Carrollton, United States
  • Employees 796 as on 08 Apr, 2024
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Greenway Health, Llc
  • Date of Incorporation 05 Dec, 2020
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $20.57 M (USD)
    197.64
    as on Mar 31, 2023
  • Net Profit
    $1.96 M (USD)
    195.77
    as on Mar 31, 2023
  • EBITDA
    $3.16 M (USD)
    150.03
    as on Mar 31, 2023
  • Total Equity Funding
    $47.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $22 M (USD), Series C

    Nov 01, 2006

  • Investors
  • Employee Count
    796

    as on Apr 08, 2024

  • Investments & Acquisitions
    GHN-Online

    & 1 more

  • Acquired by
Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

Products & Services of Greenway Health

Greenway Health offers a comprehensive portfolio of products and services, including Greenway Clinical Assist, Greenway Health Pay, and Greenway Patient Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI-driven tool for streamlined clinical documentation and accuracy.

Integrated payment system for improved collections and satisfaction.

Platform enhancing patient access and healthcare connection digitally.

Funding Insights of Greenway Health

Greenway Health has successfully raised a total of $47.3M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in November 2006. 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 3
  • Last Round Series C — $22.0M
  • First Round

    (01 Jun 2003)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2006 Amount Series C - Greenway Health Valuation

investors

May, 2004 Amount Series B - Greenway Health Valuation

investors

Jun, 2003 Amount Series A - Greenway Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Greenway Health

Greenway Health has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Investor Growth Capital and Vista Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Corporate-backed venture capital firm focused on fintech, energy, and multiple sectors
Founded Year Domain Location
Investments are directed toward high-growth enterprise software and technology companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Greenway Health

Greenway Health has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GHN-Online and PeopleLYNK. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A solution focused on automated content distribution triggered by workflow events
2011
Revenue cycle management platform is provided to healthcare providers.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Greenway Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Greenway Health Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Greenway Health

Greenway Health 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-driven EMR and practice management software is delivered for clinics.
domain founded_year HQ Location
Cloud-based EHR system is provided for physicians' practices.
domain founded_year HQ Location
Cloud-based oncology management tools are provided for cancer care providers.
domain founded_year HQ Location
SaaS-based practice management solution is provided for healthcare professionals.
domain founded_year HQ Location
Open-source healthcare software is provided by Medsphere Systems.
domain founded_year HQ Location
Cloud-based software for dental practice management is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Greenway Health

Frequently Asked Questions about Greenway Health

When was Greenway Health founded?

Greenway Health was founded in 1998 and raised its 1st funding round 5 years after it was founded.

Where is Greenway Health located?

Greenway Health is headquartered in Carrollton, United States. It is registered at Carrollton, Texas, United States.

Is Greenway Health a funded company?

Greenway Health is a funded company, having raised a total of $47.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.3M, raised on Jun 01, 2003.

How many employees does Greenway Health have?

As of Apr 08, 2024, the latest employee count at Greenway Health is 796.

What is the annual revenue of Greenway Health?

Annual revenue of Greenway Health is $20.57M as on Mar 31, 2023.

What does Greenway Health do?

Greenway Health is engaged in delivering comprehensive healthcare IT solutions for ambulatory practices. The company offers a single-platform solution encompassing electronic health records (EHR), practice management, and revenue cycle management. Specialized services are provided for various sectors including primary care, pediatrics, and orthopedics. Automation and AI-driven tools are integrated to streamline clinical documentation and workflows. Patient engagement is enhanced through digital platforms like patient portals and telehealth services. Financial performance is optimized with integrated tools for sustainability. The solutions are powered by AWS cloud for security and scalability, ensuring a connected healthcare experience for providers and patients.

Who are the top competitors of Greenway Health?

Greenway Health's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.

What products or services does Greenway Health offer?

Greenway Health offers Greenway Clinical Assist, Greenway Health Pay, and Greenway Patient Connect.

How many acquisitions has Greenway Health made?

Greenway Health has made 2 acquisitions, including GHN-Online, and PeopleLYNK.

Who are Greenway Health's investors?

Greenway Health has 2 investors. Key investors include Investor Growth Capital, and Vista Equity Partners.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available