About Hospital IQ
Hospital IQ is a company based in Newton (United States) founded in 2013 was acquired by LeanTaaS in January 2023.. Hospital IQ has raised $49.26 million across 4 funding rounds from investors including LeanTaaS, Baxter and Health Velocity Capital. The company has 86 employees as of December 31, 2022. Hospital IQ offers products and services including iQueue for Operating Rooms, iQueue for Infusion Centers, and iQueue for Inpatient Flow. Hospital IQ operates in a competitive market with competitors including Gozio, Central Logic, TeleTracking, Roundtrip and Ambler, among others.
- Headquarter Newton, United States
- Employees 86 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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- Legal Name Hospital Iq Inc
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Products & Services of Hospital IQ
Hospital IQ offers a comprehensive portfolio of products and services, including iQueue for Operating Rooms, iQueue for Infusion Centers, and iQueue for Inpatient Flow. 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.
Software to enhance surgical scheduling and utilization in hospitals.
Tools to optimize patient flow and reduce wait times in infusion services.
Platform for predicting patient surges and improving bed management.
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Funding Insights of Hospital IQ
Hospital IQ has successfully raised a total of $49.26M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $26.01 million completed in June 2021. 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 4
- Last Round Series C — $26.0M
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First Round
First Round
(24 Mar 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series C - Hospital IQ | Valuation | Baxter , Health Velocity Capital | |
| Oct, 2018 | Amount | Series B - Hospital IQ | Valuation |
investors |
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| Jun, 2016 | Amount | Series A - Hospital IQ | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Hospital IQ
Hospital IQ has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include LeanTaaS, Baxter and Health Velocity Capital. 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 |
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Healthcare technology sectors are invested in by Health Velocity Capital.
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hospital IQ
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hospital IQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hospital Iq Comparisons
Competitors of Hospital IQ
Hospital IQ 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 Gozio, Central Logic, TeleTracking, Roundtrip and Ambler, 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 |
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| domain | founded_year | HQ Location |
Offers patient engagement platform for hospitals and health systems
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| domain | founded_year | HQ Location |
Patient flow software and bed management solutions are provided.
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| domain | founded_year | HQ Location |
Automated workflow management solutions for hospitals
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| domain | founded_year | HQ Location |
Medical transportation platform is offered for managing healthcare patient flow.
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| domain | founded_year | HQ Location |
Provides smart transportation services tailored for healthcare organizations to enhance efficiency and mobility.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hospital Iq
Frequently Asked Questions about Hospital IQ
When was Hospital IQ founded?
Hospital IQ was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Hospital IQ located?
Hospital IQ is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.
Is Hospital IQ a funded company?
Hospital IQ is a funded company, having raised a total of $49.26M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.25M, raised on Mar 24, 2015.
How many employees does Hospital IQ have?
As of Dec 31, 2022, the latest employee count at Hospital IQ is 86.
What does Hospital IQ do?
Hospital IQ was founded in 2013 and is based in Newton, United States. Operations focus on the healthcare sector through a cloud and AI-based software platform. Data from hospitals is collected and analyzed to simulate and predict outcomes of operational changes. Issues such as bed utilization, surgical throughput, staff overtime, and capacity planning are addressed. The platform integrates with major electronic health records and bed tracking systems.
Who are the top competitors of Hospital IQ?
What products or services does Hospital IQ offer?
Hospital IQ offers iQueue for Operating Rooms, iQueue for Infusion Centers, and iQueue for Inpatient Flow.
Who are Hospital IQ's investors?
Hospital IQ has 6 investors. Key investors include LeanTaaS, Baxter, Health Velocity Capital, Pierpoint Capital, and Allscripts.