About HealthEdge
HealthEdge is a Healthcare company based in Burlington (United States) founded in 2004, and was acquired by Blackstone in March 2020. It operates as a software solutions for healthcare payers are provided. HealthEdge has raised $108.47 million across 19 funding rounds from investors including SVB, Blackstone and Horizon Tech Finance. HealthEdge has completed 4 acquisitions, including Altruista Health, Burgess and Wellframe. Its chief executive is Stephen Krupa. Its website healthedge.com draws about 49 thousand monthly visits. Its Indian entity Healthedge Technologies India Private Limited reported revenue of ₹82.95 Cr. HealthEdge offers products and services including HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe. Its focus areas include HealthTech, Healthcare Payer Tech and Diversified. Its competitors include Change Healthcare, Innovaccer, Zelis Healthcare, Alegeus and HighRoads and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
HealthEdge was founded in 2004 and is headquartered in Burlington, United States. A suite of software products is offered to the healthcare payer sector, encompassing claims and benefits administration, care management, business intelligence, and portal solutions. These are deployed through the HealthEdge Cloud or on-site installations, supporting payers in managing operations within the healthcare industry.
- Headquarters Burlington, United States
- Stage Acquired
- SectorsHealthcare
- Website category Jobs and Career
- Website healthedge.com
- Social LinkedIn X Facebook YouTube
- Acquired by Blackstone (Mar 2020)
- Legal Name Healthedge Software, Inc.
- Date of Incorporation 02 Apr, 2019
- Annual Revenue₹82.95 Cr
FY 2024 · +10% YoY
- Net Profit₹9.53 Cr
FY 2024 · 11% margin
- EBITDA₹13.03 Cr
FY 2024 · 16% margin
- Total Equity Funding$108.47M (USD)
in 19 rounds
- InvestorsSVB
& 5 more
- Investments & AcquisitionsAltruista Health
& 3 more
- Acquired byBlackstone
(Mar 2020)
Associated legal entities of HealthEdge
HealthEdge operates through Healthedge Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Healthedge Technologies India Private Limited CIN U72900KA2019FTC123112 | Active | 02 Apr 2019 | Bangalore, Karnataka | ₹83.0 Cr | 216 | 3 | View details |
Products & Services of HealthEdge
HealthEdge offers a comprehensive portfolio of products and services, including HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe.
Digital system for claims administration and payment automation.
Solution for proactive claim payment and business intelligence.
Platform for improving quality of care and workflow efficiency.
Tools for digital care management and member support services.
Apps and channels of HealthEdge
its YouTube channel HealthEdge has 268 subscribers and 26 videos.
Videos from HealthEdge
The most watched videos on HealthEdge's YouTube channel, HealthEdge (268 subscribers). Click a video to play it here.
More on HealthEdge.
Funding Insights of HealthEdge
HealthEdge has successfully raised a total of $108.47M across 19 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 $108.47M
- Total Rounds 19
- First Round $1.34M
(Dec 2005)
- Investors Count 5
Latest 10 of 19 funding rounds of HealthEdge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | – | Debt – Venture | – | – | |
| Jun 2016 | $25M | Series C | – | – | |
| Feb 2015 | $9.3M | Series C | – | – | |
| Sep 2014 | $30M | Series C | – | – | – |
| Oct 2013 | $17.5M | Debt – Venture | – | – | |
| Dec 2011 | $1.5M | Series C | – | – | – |
| Nov 2010 | $974,966 | Series C | – | – | – |
| Apr 2010 | $3.5M | Series C | – | – | – |
| Jul 2009 | $3.5M | Series B | – | – | – |
| Feb 2009 | $1.55M | Series B | – | – | – |
6 investors in total: 6 institutional.
Investors in HealthEdge
HealthEdge has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Blackstone and Horizon Tech Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Structured debt is provided to life sciences and technology firms. | 2004 | horizontechfinance.com | Farmington, United States | |
Private debt funds are managed for credit investing strategies. | 2007 | fifthstreetfinance.com | White Plains, United States | |
Growth-stage investments focused on US tech and life sciences. | – | psilos.com | New York, United States | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
- | – | medica.com | - | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States |
Investor details for HealthEdge
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Healthedge Technologies India Private Limited (HealthEdge)
Healthedge Technologies India Private Limited is the primary company behind HealthEdge. The board of Healthedge Technologies India Private Limited currently have 3 directors; the longest-serving is Stephen Michael Krupa, appointed in 2019. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Stephen Michael Krupa DIN 08410479 | Director | 02 Apr 2019 | 7 yrs 6 mo | Healthedge Technologies India Private Limited |
| Craig Allen Wilson DIN 09187279 | Director | 04 Jun 2021 | 5 yrs 4 mo | Healthedge Technologies India Private Limited |
| Saurabh Srivastav DIN 07544020 | Director | 26 Feb 2024 | 2 yrs 7 mo | Healthedge Technologies India Private Limited |
People of HealthEdge
290 people are tracked at HealthEdge (104 in leadership, 186 in team).
| Name | Role | Group |
|---|---|---|
Matthew Kuntz | CTO | Leadership |
| Chief Executive Officer | Leadership | |
Weston Skeans | Director Of Engineering | Leadership |
Wendi Ellis | Vice President Of Talent And Learning | Leadership |
Gina R. | Delivery Enablement Director | Leadership |
Troy Wical | Vp, Reliability Engineering & Operations | Leadership |
Matt McLaughlin | Chief Financial Officer | Leadership |
Matt Kuntz | CTO | Leadership |
| Executive Vice President & General Counsel | Leadership | |
Marla Kraack | Director Of Product Management, Care Management | Leadership |
Chris Conte | Executive Vice President & Chief Revenue Officer | Leadership |
McKenna Berg | Senior Talent Acquisition Partner | Leadership |
Anshul Pande | EVP & General Manager Healthrules Payer | Leadership |
Steffanie W. | Vice President Delivery Excellence | Leadership |
Naveen K S | Senior Director Of Engineering | Leadership |
Lalitha Arcot | People Business Partner | Leadership |
Jane Henderling | Director Of Product Marketing | Leadership |
Shelley Avoli | Vice President Of Customer Success | Leadership |
Sudhir Manjunath | Director Of Quality Assurance | Leadership |
Christina Giardini | Director, Fp&a | Leadership |
270 more people are available in the full profile.
Complete people profiles for HealthEdge
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of HealthEdge
Figures of Healthedge Technologies India Private Limited, the primary company behind HealthEdge, for FY 2024. Revenue was ₹82.95 Cr (+10% year on year). Net profit was ₹9.53 Cr (11% margin). EBITDA was ₹13.03 Cr (16% margin). Revenue has grown at a compounded annual rate of +41% over three years.
- ₹82.95 CrRevenue · FY 2024 · +10% YoY
- ₹9.53 CrNet profit · 11% margin
- ₹13.03 CrEBITDA · 16% margin
- ₹70 LakhPaid-up capital
- 216Employees (provident fund records)
- +41%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Healthedge Technologies India Private Limited are on its company page.
Detailed financial statements for HealthEdge
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by HealthEdge
HealthEdge has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Altruista Health, Burgess and Wellframe.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile and AI-based platform offering support to providers for better patient engagement | wellframe.com | Boston, United States | 2011 | Oct 2021 | •••• | |
Population health management solutions are offered to healthcare organizations. | altruistahealth.com | Reston, United States | 2007 | Dec 2020 | •••• | |
Automated payment solutions are delivered for healthcare sectors. | burgessgroup.com | Alexandria, United States | 1997 | Jul 2020 | •••• | |
Population health management workflow platform is provided for healthcare needs. | click4care.com | Powell, United States | 1999 | Dec 2012 | •••• |
Complete acquisition details for HealthEdge
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of HealthEdge
8 dated milestones of HealthEdge across 17 years, from founding to its latest funding, stage changes and deals.
- Founded HealthEdge is founded.
- Funding First funding round of $1.3M.
- Acquisition Acquires click4care.com.
- Funding Latest funding round, Debt – Venture,.
- Exit Acquired by Blackstone.
- Acquisition Acquires Burgess.
- Acquisition Acquires Altruista Health.
- Acquisition Acquires Wellframe.
Competitors of HealthEdge
HealthEdge has 8 listed competitors in our database, 4 of them funded. They include Change Healthcare, Innovaccer, Zelis Healthcare, Alegeus and HighRoads, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| changehealthcare.com | 2007 | Nashville, United States | $35.99M | 11,310 | Cloud-based solutions are delivered for healthcare payers, providers, and patients. | |
| innovaccer.com | 2014 | San Francisco, United States | $675M | 1,125 | Provider of an AI-powered cloud platform for healthcare performance improvement | |
| zelis.com | 1995 | Boston, United States | – | 2,336 | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | |
| alegeus.com | 1995 | Waltham, United States | – | 696 | Healthcare benefits are administered via tax-advantaged account platforms. | |
| highroads.com | 1999 | Burlington, United States | $33.09M | 87 | SaaS-based suite solutions for payers are provided by HighRoads. | |
| inovalon.com | 1998 | Bowie, United States | – | 13 | Cloud-based data analytics are delivered to healthcare providers and payers. | |
| ebix.com | 1976 | Atlanta, United States | – | 24 | SaaS-based software suite for insurance industry is provided. | |
| connecture.com | 1997 | Brookfield, United States | $70.16M | 99 | Web-based solutions for health insurance sales and automation are delivered. |
Detailed competitors of HealthEdge
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of HealthEdge
The website of HealthEdge (healthedge.com) receives about 48.9K visits a month and ranks #460,938 among all websites worldwide, #7,128 in Jobs and Career.
- Monthly visits48.9K
▼ 1.4% vs previous month
- Unique visitors19.7K
per month
- Global rank#460,938
among all websites
- Category rank#7,128
Jobs and Career · Jobs and Career
- Bounce rate47%
- Pages per visit6.0
- Average visit4 min 22 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with HealthEdge. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| visier.com | 100% | 117.3K | #262,290 | View details | |
| builtinboston.com | 100% | – | #219,459 | View details | |
| testlify.com | 100% | 122.6K | #214,631 | View details | |
| personio.com | 100% | 4.2M | #13,178 | View details | |
| machinify.com | 78% | 38.2K | #739,496 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for HealthEdge
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as HealthEdge (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Healthedge
Complete news archive for HealthEdge
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Frequently Asked Questions about HealthEdge
HealthEdge was founded in 2004 and raised its 1st funding round 1 year after it was founded.
HealthEdge is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Stephen Krupa is the current CEO of HealthEdge.
HealthEdge is a funded company, having raised a total of $108.47M across 19 funding rounds to date. The company's 1st funding round was a Series B of $1.55M, raised on Dec 2005.
The primary company behind HealthEdge, Healthedge Technologies India Private Limited, reported revenue of ₹82.95 Cr for FY 2024, up 10% year on year.
HealthEdge was founded in 2004 and is headquartered in Burlington, United States. A suite of software products is offered to the healthcare payer sector, encompassing claims and benefits administration, care management, business intelligence, and portal solutions. These are deployed through the HealthEdge Cloud or on-site installations, supporting payers in managing operations within the healthcare industry.
HealthEdge's top competitors include Change Healthcare, Innovaccer and Zelis Healthcare.
HealthEdge offers HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe.
HealthEdge has made 4 acquisitions, including Altruista Health, Burgess, and Wellframe.
HealthEdge has 6 investors. Key investors include SVB, Blackstone, Horizon Tech Finance, Fifth Street Asset Management, and Medica Health Plans.
HealthEdge operates through Healthedge Technologies India Private Limited.
Yes. HealthEdge was acquired by Blackstone in March 2020.