About HealthEdge
HealthEdge is a company based in Burlington (United States) founded in 2004 was acquired by Blackstone in March 2020.. 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. HealthEdge offers products and services including HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe. HealthEdge operates in a competitive market with competitors including Change Healthcare, Innovaccer, Zelis Healthcare, Alegeus and HighRoads, among others.
- Headquarter Burlington, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Healthedge Software, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$108.47 M (USD)
in 19 rounds
-
Latest Funding Round
-
Investors
SVB
& 5 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Altruista Health
& 3 more
-
Acquired by
Blackstone
(Mar 09, 2020)
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.
- 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 HealthEdge
HealthEdge offers a comprehensive portfolio of products and services, including HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe. 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.
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.
Unlock access to complete
Software Development Team
120 people
Leadership Team
33 people
Sales and Marketing
20 people
Human Resources and Administration
16 people
Senior Team
15 people
Data Analysis and Operations Team
12 people
Product Management Team
12 people
Customer Team
10 people
Unlock access to complete
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 Total Funding
- Total Rounds 19
- Last Round Last Round
-
First Round
First Round
(20 Dec 2005)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Debt – Venture - HealthEdge | Valuation |
investors |
|
| Jun, 2016 | Amount | Series C - HealthEdge | Valuation |
investors |
|
| Feb, 2015 | Amount | Series C - HealthEdge | 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 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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Structured debt is provided to life sciences and technology firms.
|
Founded Year | Domain | Location | |
|
Private debt funds are managed for credit investing strategies.
|
Founded Year | Domain | Location | |
|
Growth-stage investments focused on US tech and life sciences.
|
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 HealthEdge
HealthEdge has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Altruista Health, Burgess and Wellframe. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Mobile and AI-based platform offering support to providers for better patient engagement
|
2011 | ||||
|
Population health management solutions are offered to healthcare organizations.
|
2007 | ||||
|
Population health management workflow platform is provided for healthcare needs.
|
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 - HealthEdge
| 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 |
Healthedge Comparisons
Competitors of HealthEdge
HealthEdge 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 Change Healthcare, Innovaccer, Zelis Healthcare, Alegeus and HighRoads, 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 solutions are delivered for healthcare payers, providers, and patients.
|
|
| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
|
|
| domain | founded_year | HQ Location |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
|
|
| domain | founded_year | HQ Location |
Healthcare benefits are administered via tax-advantaged account platforms.
|
|
| domain | founded_year | HQ Location |
SaaS-based suite solutions for payers are provided by HighRoads.
|
| 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 Healthedge
Frequently Asked Questions about HealthEdge
When was HealthEdge founded?
HealthEdge was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is HealthEdge located?
HealthEdge is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of HealthEdge?
Stephen Krupa is the current CEO of HealthEdge.
Is HealthEdge a funded company?
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 C of $9.3M, raised on Dec 20, 2005.
What does HealthEdge do?
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.
Who are the top competitors of HealthEdge?
HealthEdge's top competitors include Change Healthcare, Innovaccer and Zelis Healthcare.
What products or services does HealthEdge offer?
HealthEdge offers HealthRules Solutions Suite, Source Solution Suite, GuidingCare, and Wellframe.
How many acquisitions has HealthEdge made?
HealthEdge has made 4 acquisitions, including Altruista Health, Burgess, and Wellframe.
Who are HealthEdge's investors?
HealthEdge has 6 investors. Key investors include SVB, Blackstone, Horizon Tech Finance, Fifth Street Asset Management, and Medica Health Plans.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.