About IllumiCare
IllumiCare is a company based in Birmingham (United States) founded in 2014 was acquired by Premier in June 2025.. IllumiCare has raised $5.78 million across 3 funding rounds from investors including Premier and Alabama Launchpad. IllumiCare offers products and services including Smart Ribbon, Stewardship, Length of Stay Gaps, Trials, and eReports. IllumiCare operates in a competitive market with competitors including IQVIA, AVIA, Dental Intel, Hublo and Advisory, among others.
- Headquarter Birmingham, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Illumicare, Inc.
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 IllumiCare
IllumiCare offers a comprehensive portfolio of products and services, including Smart Ribbon, Stewardship, Length of Stay Gaps, Trials, and eReports. 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.
Nudges provider behavior to align clinical decisions with costs.
Helps reduce medication and lab costs for health systems.
Identifies gaps to shorten hospital stays efficiently.
Facilitates referrals for clinical trials based on patient criteria.
Generates insights on quality and adherence for providers.
Unlock access to complete
Unlock access to complete
Funding Insights of IllumiCare
IllumiCare has successfully raised a total of $5.78M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.72 million completed in July 2017. 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 3
- Last Round Series B — $3.7M
-
First Round
First Round
(29 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series B - IllumiCare | Valuation |
investors |
|
| Mar, 2016 | Amount | Series A - IllumiCare | Valuation |
investors |
|
| May, 2015 | Amount | Grant - IllumiCare | 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 IllumiCare
IllumiCare has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Premier and Alabama Launchpad. 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 |
|---|---|---|---|---|
|
Early-stage seed funding is provided to Alabama-based startups.
|
Founded Year | Domain | Location | |
|
Cloud-based practice management software is provided for organizations.
|
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 IllumiCare
| 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 - IllumiCare
| 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 |
Illumicare Comparisons
Competitors of IllumiCare
IllumiCare 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 IQVIA, AVIA, Dental Intel, Hublo and Advisory, 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 research and commercialization solutions are provided for healthcare.
|
|
| domain | founded_year | HQ Location |
Digital platform for healthcare management and networking is offered.
|
|
| domain | founded_year | HQ Location |
Dental intelligence is delivered via SaaS platform for performance analytics.
|
|
| domain | founded_year | HQ Location |
Platform for hospitals to manage staff recruitments and replacements
|
|
| domain | founded_year | HQ Location |
Analytics platforms and consulting services for business intelligence are offered.
|
|
| domain | founded_year | HQ Location |
A real-time care orchestration platform for healthcare systems is provided by DexCare.
|
| 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 Illumicare
Frequently Asked Questions about IllumiCare
When was IllumiCare founded?
IllumiCare was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is IllumiCare located?
IllumiCare is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Is IllumiCare a funded company?
IllumiCare is a funded company, having raised a total of $5.78M across 3 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on May 29, 2015.
What does IllumiCare do?
IllumiCare was founded in 2014 in Birmingham, United States, within the health information sector. Clinical and business intelligence platforms are delivered to healthcare professionals through integration with electronic medical record systems. The primary offering, Smart Ribbons, overlays patient screens to reveal predicted harm risks alongside real-time financial and clinical data for lab orders and hospital costs. Supplementary mobile applications such as Stewardship, WHIRL, Controlled Substances, and 360 are also maintained.
Who are the top competitors of IllumiCare?
What products or services does IllumiCare offer?
IllumiCare offers Smart Ribbon, Stewardship, Length of Stay Gaps, Trials, and eReports.
Who are IllumiCare's investors?
IllumiCare has 2 investors. Key investors include Premier, and Alabama Launchpad.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.