Halfpenny Technologies

Blue Bell, United States Founded: 2000 • Age: 26 yrs Acquired By Accumen
Cloud-based data exchange platform
Annual revenue - Latest available
Total funding $6.3M 5 rounds
Employees 38 Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Halfpenny Technologies

Halfpenny Technologies is a company based in Blue Bell (United States) founded in 2000 was acquired by Accumen in June 2019. Halfpenny Technologies has raised $6.35 million across 5 funding rounds from investors including hc1, Rittenhouse Ventures and Threshold Partners. The company has 38 employees as of December 31, 2022. Halfpenny Technologies offers products and services including AccumenConnect, MyBloodHealth, Order Management Portal, and Patient Blood Management Analytics. Halfpenny Technologies operates in a competitive market with competitors including HealthVerity, Flywheel, RLDatix, 1upHealth and Radar Healthcare, among others.

  • Headquarter Blue Bell, United States
  • Employees 38 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Halfpenny Technologies Inc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.35 M (USD)

    in 5 rounds

  • Latest Funding Round
    $649.65 K (USD), Unspecified

    Apr 13, 2018

  • Investors
    hc1

    & 5 more

  • Employee Count
    38

    as on Dec 31, 2022

  • Acquired by
    Accumen

    (Jun 17, 2019)

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Products & Services of Halfpenny Technologies

Halfpenny Technologies offers a comprehensive portfolio of products and services, including AccumenConnect, MyBloodHealth, Order Management Portal, and Patient Blood Management Analytics.

Product name locked
Category locked
Primary

Platform for secure data exchanges between health systems and providers.

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Automation tool for perioperative anemia care and patient triaging.

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Cloud-based system for provider order entry and results viewing.

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Provides insights into transfusion practices and utilization improvements.

Funding Insights of Halfpenny Technologies

Halfpenny Technologies has successfully raised a total of $6.35M across 5 strategic funding rounds. The most recent funding activity was a Unspecified round of $649.65 thousand completed in April 2018. 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.

Investors in Halfpenny Technologies

Halfpenny Technologies has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include hc1, Rittenhouse Ventures and Threshold Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Early-stage venture capital is provided by Activate Venture Partners.
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Early-stage venture capital fund investing in B2B software startups
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Investments & Acquisitions by Halfpenny Technologies

Investments
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Investment portfolio details for Halfpenny Technologies

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Financial Statements - Halfpenny Technologies

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Detailed financials for Halfpenny Technologies

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Halfpenny Technologies Comparisons

Halfpenny Technologies Primary company
Description
Cloud-based data exchange platform
Location
Blue Bell, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
38
As of 2022
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Peer comparison for Halfpenny Technologies

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Competitors of Halfpenny Technologies

Halfpenny Technologies 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 HealthVerity, Flywheel, RLDatix, 1upHealth and Radar Healthcare, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based platform for healthcare and consumer data management is utilized.
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Cloud-based platform for healthcare data capture and analysis is offered.
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GRC software solutions for healthcare risk management are delivered.
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A cloud-based platform for EHR and practice management is provided.
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Administrative tasks are managed digitally for healthcare providers.
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Online platform to store and access medical records
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Detailed competitors of Halfpenny Technologies

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Latest news on Halfpenny Technologies

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Frequently Asked Questions about Halfpenny Technologies

Halfpenny Technologies was founded in 2000 and raised its 1st funding round 10 years after it was founded.

Halfpenny Technologies is headquartered in Blue Bell, United States. It is registered at Blue Bell, Pennsylvania, United States.

Halfpenny Technologies is a funded company, having raised a total of $6.35M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Halfpenny Technologies is 38.

Halfpenny Technologies, through its clinical data exchange platform, provides interoperability solutions to ACOs, hospitals and health plans. The platform enables hospitals and laboratories to receive, process and respond to physician requests. The company offers a web-based business intelligence engine, ClinScope, for Health plans to process clinical data. The company claims the engine helps to assess quality compliance and help health plans improve their HEDIS and Star ratings.

Halfpenny Technologies's top competitors include HealthVerity, 1upHealth and Flywheel.

Halfpenny Technologies offers AccumenConnect, MyBloodHealth, Order Management Portal, and Patient Blood Management Analytics.

Halfpenny Technologies has 6 investors. Key investors include hc1, Rittenhouse Ventures, Threshold Partners, Activate Venture Partners, and Vital Financial.

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