Forian

Greenwood Village, United States Founded: 1999 • Age: 27 yrs
Innovative software and data solutions are provided for healthcare.
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About Forian

Forian is a company based in Greenwood Village (United States) founded in 1999. It operates as a HealthTech, and SaaS (Software-as-a-Service). Forian has completed 5 acquisitions, including Amercanex, BioTrackTHC and Cannabase. Forian offers products and services including Real World Evidence (RWE) and Data Management Solutions. Forian operates in a competitive market with competitors including Ample Organics, Canix, Simplifya, Akerna and Alleaves, among others.

  • Headquarter Greenwood Village, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Forian Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $15.29 M
    60
    as on Dec 31, 2019
  • Net Profit
    $-9.58 M
    -20
    as on Dec 31, 2019
  • EBITDA
    $-5.44 M
    29
    as on Dec 31, 2019
  • Latest Funding Round
    $1.88 M (USD), Post-IPO

    May 26, 2017

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Amercanex

    & 4 more

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Products & Services of Forian

Forian offers a comprehensive portfolio of products and services, including Real World Evidence (RWE) and Data Management Solutions. 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

Clinical evidence is contextualized for actionable healthcare insights.

Complex data is organized and standardized for actionable insights.

People of Forian
Headcount 50-200
Employee Profiles 16
Board Members and Advisors 8
Employee Profiles
People
Paul Reuscher
Chief Commercial Officer
People
Max C. Wygod
Chief Executive Officer
People
Adam Dublin
Co-Founder & Chief Strategy Officer
People
Mike Vesey
Chief Financial Officer

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Board Members and Advisors
people
Mark J. Adler
Director
people
Kristiina Vuori
Director

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Funding Insights of Forian

  • Total Funding
  • Total Rounds 8
  • Last Round Post-IPO — $1.9M
  • First Round

    (01 Jan 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Post-IPO - Forian Valuation

investors

Mar, 2017 Amount Post-IPO - Forian Valuation

investors

Feb, 2017 Amount Post-IPO - Forian 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

Investments & Acquisitions by Forian

Forian has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Amercanex, BioTrackTHC and Cannabase. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Bodyguard and professional armed security services are provided worldwide.
2019
Advertising and website design services are provided by Engeni.
2016
Web-based marketplace platform for cannabis trading is provided.
2013
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 - Forian

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

Forian Comparisons

Employees
+
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Competitors of Forian

Forian 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 Ample Organics, Canix, Simplifya, Akerna and Alleaves, 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
ERP software is provided for the cannabis industry.
domain founded_year HQ Location
ERP software is developed for cannabis companies to manage operations.
domain founded_year HQ Location
Cloud-based audit and compliance software is provided for cannabis businesses.
domain founded_year HQ Location
Enterprise software is provided for cannabis, hemp, and CBD industries.
domain founded_year HQ Location
A platform for cannabis business management is offered.
domain founded_year HQ Location
Provider of CBD supply chain management solution
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 Forian

Frequently Asked Questions about Forian

When was Forian founded?

Forian was founded in 1999 and raised its 1st funding round 17 years after it was founded.

Where is Forian located?

Forian is headquartered in Greenwood Village, United States. It is registered at Greenwood Village, Colorado, United States.

What is the annual revenue of Forian?

Annual revenue of Forian is $15.29M as on Dec 31, 2019.

What does Forian do?

Forian Inc. is focused on delivering cutting-edge software solutions, proprietary data, and predictive analytics to the healthcare industry. Challenges in operational, clinical, and financial performance are addressed for life sciences, providers, and payers. Real World Evidence and Data Management Solutions are offered to optimize outcomes. The healthcare sector is primarily served with technology-driven insights and tools.

Who are the top competitors of Forian?

Forian's top competitors include Canix, Akerna and Alleaves.

What products or services does Forian offer?

Forian offers Real World Evidence (RWE) and Data Management Solutions.

How many acquisitions has Forian made?

Forian has made 5 acquisitions, including Amercanex, BioTrackTHC, and Cannabase.

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