GroupSource

Olathe, United States Founded: 1996 • Age: 30 yrs Acquired By Pandion Optimization Alliance
Healthcare group purchasing services are facilitated for providers.

About GroupSource

GroupSource is a company based in Olathe (United States) founded in 1996 was acquired by Pandion Optimization Alliance in July 2022.. GroupSource offers products and services including Contract Portfolio and Actionable Analytics. GroupSource operates in a competitive market with competitors including OncoLens, Prospitalia, Safecor Health, Gravitiq and Blue Fin Group, among others.

  • Headquarter Olathe, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Groupsource, Inc
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
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Products & Services of GroupSource

GroupSource offers a comprehensive portfolio of products and services, including Contract Portfolio and Actionable Analytics. 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

Offers contracts for cost reduction in supply needs

Analyzes spend to provide documented savings opportunities

Funding Insights of GroupSource

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 GroupSource

GroupSource has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Pandion Optimization Alliance. 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
Institutional
Investor Description Founded Year Domain Location
Offers consulting, procurement, and strategy services in supply chain and healthcare.
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 GroupSource

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

Financial Statements - GroupSource

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

Groupsource Comparisons

Employees
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Competitors of GroupSource

GroupSource 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 OncoLens, Prospitalia, Safecor Health, Gravitiq and Blue Fin Group, 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
HIPAA-compliant platform connects oncologists for tumor board discussions.
domain founded_year HQ Location
Shopping service company in the hospital market
domain founded_year HQ Location
Safecor Health is engaged in unit-dose drug repackaging for hospitals.
domain founded_year HQ Location
Operator of e-commerce health & personal care brands
domain founded_year HQ Location
Healthcare consultancy, GPO, and management services are provided.
domain founded_year HQ Location
Offers group purchasing services for healthcare systems to reduce costs effectively.
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 Groupsource

Frequently Asked Questions about GroupSource

When was GroupSource founded?

GroupSource was founded in 1996.

Where is GroupSource located?

GroupSource is headquartered in Olathe, United States. It is registered at Olathe, Kansas, United States.

What does GroupSource do?

GroupSource was founded in 1996 and is headquartered in Olathe, United States. It functions as a healthcare group purchase organization, enabling collective buying arrangements among healthcare entities. Negotiations with suppliers are conducted to secure cost-effective pricing on medical supplies and equipment. Operations focus on streamlining procurement processes and enhancing access to essential resources for member organizations across the sector.

Who are the top competitors of GroupSource?

GroupSource's top competitors include OncoLens, Safecor Health and Gravitiq.

What products or services does GroupSource offer?

GroupSource offers Contract Portfolio and Actionable Analytics.

Who are GroupSource's investors?

GroupSource has 1 investor. Key investors include Pandion Optimization Alliance.

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