About HealthiPASS
HealthiPASS is a company based in Lombard (United States) founded in 2013 was acquired by Sphere in December 2020.. HealthiPASS has raised $11.28 million across 5 funding rounds from investors including Fifth Third Bancorp, SphereCommerce and FCA Venture Partners. The company has 13 employees as of April 05, 2024. HealthiPASS offers products and services including Digital Patient Engagement Platform, Patient Payments Solutions, and Point-of-Service Tools. HealthiPASS operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, among others.
- Headquarter Lombard, United States
- Employees 13 as on 05 Apr, 2024
-
Sectors
HealthcareFinancial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Healthipass Private Limited
- Date of Incorporation 15 Mar, 2018
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$487.35 K (USD)14.44as on Mar 31, 2023
-
Net Profit
$39.02 K (USD)17.7as on Mar 31, 2023
-
EBITDA
$62.99 K (USD)12.7as on Mar 31, 2023
-
Total Equity Funding
$11.28 M (USD)
in 5 rounds
-
Latest Funding Round
-
Investors
Fifth Third Bancorp
& 9 more
-
Employee Count
13
as on Apr 05, 2024
-
Acquired by
Sphere
(Dec 17, 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 HealthiPASS
HealthiPASS offers a comprehensive portfolio of products and services, including Digital Patient Engagement Platform, Patient Payments Solutions, and Point-of-Service Tools. 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.
Enables scheduling, reminders, and communication for healthcare interactions
Facilitates secure online billing and payment collection for patients
Supports check-in and cost estimates during patient visits
Unlock access to complete
Funding Insights of HealthiPASS
HealthiPASS has successfully raised a total of $11.28M across 5 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 5
- Last Round Last Round
-
First Round
First Round
(05 Oct 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - HealthiPASS | Valuation | Fifth Third Bancorp |
|
| Nov, 2018 | Amount | Series A - HealthiPASS | Valuation | QED Investors |
|
| Dec, 2017 | Amount | Series A - HealthiPASS | Valuation | FCA Venture Partners |
| 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 HealthiPASS
HealthiPASS has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Fifth Third Bancorp, SphereCommerce and FCA Venture 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Offline-focused VC firm investing primarily in the US
|
Founded Year | Domain | Location | |
|
Seed and early-stage US venture capital investments are managed.
|
Founded Year | Domain | Location | |
|
Seed-stage investments in US tech sectors are targeted.
|
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 HealthiPASS
| 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 - HealthiPASS
| 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 |
Healthipass Comparisons
Competitors of HealthiPASS
HealthiPASS 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 Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, 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 |
Clinical payment technology for patient transactions in research is provided.
|
|
| domain | founded_year | HQ Location |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
|
|
| domain | founded_year | HQ Location |
Cloud-based payment solutions are provided for healthcare billing and analytics.
|
|
| domain | founded_year | HQ Location |
Cloud-based patient revenue management is delivered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
AI medical billing software for healthcare professionals and organizations
|
|
| domain | founded_year | HQ Location |
Healthcare bill payments are facilitated for providers and patients.
|
| 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 Healthipass
Frequently Asked Questions about HealthiPASS
When was HealthiPASS founded?
HealthiPASS was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is HealthiPASS located?
HealthiPASS is headquartered in Lombard, United States. It is registered at Lombard, Illinois, United States.
Is HealthiPASS a funded company?
HealthiPASS is a funded company, having raised a total of $11.28M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.2M, raised on Oct 05, 2015.
How many employees does HealthiPASS have?
As of Apr 05, 2024, the latest employee count at HealthiPASS is 13.
What is the annual revenue of HealthiPASS?
Annual revenue of HealthiPASS is $487.35K as on Mar 31, 2023.
What does HealthiPASS do?
HealthiPASS was founded in 2013 in Lombard, United States, as a platform in the healthcare sector for patient billing management. Accounts for household members are established through web interfaces or AndroidiOS apps. Automated deductions from patient shares are processed following insurance claims, supporting focus on essential medical activities. PCI DSS compliance is upheld, and integration with existing systems is enabled.
Who are the top competitors of HealthiPASS?
HealthiPASS's top competitors include Greenphire, Cedar and PayZen.
What products or services does HealthiPASS offer?
HealthiPASS offers Digital Patient Engagement Platform, Patient Payments Solutions, and Point-of-Service Tools.
Who are HealthiPASS's investors?
HealthiPASS has 10 investors. Key investors include Fifth Third Bancorp, SphereCommerce, FCA Venture Partners, OCA Ventures, and Healthy Ventures.