Halfpenny Technologies

Blue Bell, United States Founded: 2000 • Age: 26 yrs Acquired By Accumen
Cloud-based data exchange platform
Request Access

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
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Halfpenny Technologies Inc
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • 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)

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 Halfpenny Technologies

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

Platform for secure data exchanges between health systems and providers.

Automation tool for perioperative anemia care and patient triaging.

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

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.

  • Total Funding
  • Total Rounds 5
  • Last Round Unspecified — $649,650
  • First Round

    (07 Oct 2010)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Unspecified - Halfpenny Technologies Valuation

investors

Jan, 2018 Amount Unspecified - Halfpenny Technologies Valuation

investors

Feb, 2017 Amount Unspecified - Halfpenny Technologies 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 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. 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Early-stage venture capital is provided by Activate Venture Partners.
Founded Year Domain Location
Early-stage venture capital fund investing in B2B software startups
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 Halfpenny Technologies

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 - Halfpenny Technologies

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

Halfpenny Technologies Comparisons

Employees
+
Add Comparison
Available on Premium

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. 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
Cloud-based platform for healthcare and consumer data management is utilized.
domain founded_year HQ Location
Cloud-based platform for healthcare data capture and analysis is offered.
domain founded_year HQ Location
GRC software solutions for healthcare risk management are delivered.
domain founded_year HQ Location
A cloud-based platform for EHR and practice management is provided.
domain founded_year HQ Location
Administrative tasks are managed digitally for healthcare providers.
domain founded_year HQ Location
Online platform to store and access medical records
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 Halfpenny Technologies

Frequently Asked Questions about Halfpenny Technologies

When was Halfpenny Technologies founded?

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

Where is Halfpenny Technologies located?

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

Is Halfpenny Technologies a funded company?

Halfpenny Technologies is a funded company, having raised a total of $6.35M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $500K, raised on Oct 07, 2010.

How many employees does Halfpenny Technologies have?

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

What does Halfpenny Technologies do?

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.

Who are the top competitors of Halfpenny Technologies?

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

What products or services does Halfpenny Technologies offer?

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

Who are Halfpenny Technologies's investors?

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

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