About Inovalon
Inovalon is a Healthcare company based in Bowie (United States) founded in 1998, and was acquired by Nordic Capital in August 2021. Cloud-based data analytics are delivered to healthcare providers and payers. The company has 334 employees. Inovalon has completed 4 acquisitions, including ABILITY, Avalere Health and ComplexCare Solutions. Its website inovalon.com draws about 378 thousand monthly visits. Its Indian entity Inovalon India Private Limited reported revenue of ₹118 Cr. Inovalon offers products and services including Inovalon ONE® Platform, Data Cloud, Payer Cloud, and Provider Cloud. Its focus areas include HealthTech, Healthcare Payer Tech and Diversified. Its competitors include Change Healthcare, Innovaccer and Zelis Healthcare; 2 of its 3 listed competitors have raised funding.
Company details
Inovalon was founded in 1998 and is headquartered in Bowie, United States. A cloud-based platform for data analytics is operated, focusing on the healthcare sector. Services for payers encompass quality measurement, reporting, clinical data extraction, risk analytics, and patient assessments. Solutions are also extended to providers, pharmacies, and life sciences, supporting operational and compliance needs across the industry.
- Headquarters Bowie, United States
- Employees 334
- Stage Acquired
- SectorsHealthcare
- Website category Health
- Email••••••••
- Phone•••• ••••
- Website inovalon.com
- Social LinkedIn X Facebook YouTube
- Acquired by Nordic Capital (Aug 2021)
- Legal Name Inovalon India Private Limited
- Date of Incorporation 12 Feb, 2022
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹118 Cr
FY 2025 · -1% YoY
- Indian entity net profit₹11.57 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹17.48 Cr
FY 2025 · 15% margin
- Latest Funding Round$1.08B (USD), Debt – Conventional
Apr 2018
- InvestorsInsight Partners
& 2 more
- Employee Count334
- Investments & AcquisitionsABILITY
& 3 more
- Acquired byNordic Capital
(Aug 2021)
Associated legal entities of Inovalon
Inovalon operates through Inovalon India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inovalon India Private Limited CIN U72900TS2022FTC176112 | Active | 12 Feb 2022 | Hyderabad, Telangana | ₹118 Cr | 334 | 2 | View details |
Products & Services of Inovalon
Inovalon offers a comprehensive portfolio of products and services, including Inovalon ONE® Platform, Data Cloud, Payer Cloud, and Provider Cloud.
Cloud-based system for healthcare data integration and advanced analytics
Platform for real-time data exchange in clinical and commercial analytics
Tools for quality measurement and health equity analytics in healthcare
Solutions for claims management and workforce optimization services
Apps and channels of Inovalon
its YouTube channel Inovalon has 551 subscribers and 30 videos.
Videos from Inovalon
The most watched videos on Inovalon's YouTube channel, Inovalon (551 subscribers). Click a video to play it here.
More on Inovalon.
Funding Insights of Inovalon
- Total Rounds 2
- Last Round Debt – Conventional — $1.08B
- First Round $79.03M
(Apr 2018)
All 2 funding rounds of Inovalon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $1.08B | Debt – Conventional | – | – | – |
| Apr 2018 | $79.03M | Post-IPO | – | – | – |
3 investors in total: 3 institutional.
Investors in Inovalon
Inovalon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Insight Partners, Nordic Capital and 22C Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
| nordiccapital.com | ||||
Capital and resources are delivered to technology and data-focused companies. | 22ccapital.com | New York, USA |
Investor details for Inovalon
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Verified entity values are shown only after access is granted.
Board of directors of Inovalon India Private Limited (Inovalon)
Inovalon India Private Limited is the primary company behind Inovalon. The board of Inovalon India Private Limited currently have 2 directors; the longest-serving is Sean Stephen Scarlis, appointed in 2025. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sean Stephen Scarlis DIN 11212088 | Director | 25 Jul 2025 | 1 yr 3 mo | Inovalon India Private Limited |
| Vikas Sahni DIN 08837616 | Additional Director | 26 Nov 2025 | 11 mo | Inovalon India Private Limited |
People of Inovalon
83 people are tracked at Inovalon (45 in leadership, 6 in board & advisors, 32 in team); the tracked headcount is 334.
| Name | Role | Group |
|---|---|---|
Adam J. Kansler | Chief Executive Officer | Leadership |
Olufunke Pickering M.D., Faap | Senior Medical Director | Leadership |
Jocelyn Hines M.D. | Medical Director | Leadership |
Greg McDonald | Senior Director - Implementation | Leadership |
Johnny Greene | Director, Brand And Creative Services | Leadership |
Roger Meeks | Business Development Director | Leadership |
Rachel Cohen | Business Development Director | Leadership |
Hae Jin Higgins | Director of social media marketing | Leadership |
Kelly Gaide | Vice President, Deputy General Counsel | Leadership |
Sheri Deweese | Director, Project Management Saas | Leadership |
Karly Rowe | President, Provider | Leadership |
John Gonsalves | Vice President Of Sales | Leadership |
Brent Saltzman | Director Of Business Development | Leadership |
Zach Williams | Vice President Of Product Strategy | Leadership |
Christie Teigland | Vice President Advanced Analytics | Leadership |
Margarita Khalezov | Director Of Product Marketing | Leadership |
Jonathan Boldt | Chief Financial Officer | Leadership |
Lakhvinder Singh | Senior Vice President, Data & Ai/ml Platform | Leadership |
Karl Kilgore | Director, Research Science And Advanced Analytics | Leadership |
Lalith Mehta | Vice President, Product Management And Data Analytics | Leadership |
63 more people are available in the full profile.
Complete people profiles for Inovalon
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Financials of Inovalon
Figures of Inovalon India Private Limited, the primary company behind Inovalon, for FY 2025. Revenue was ₹118 Cr (-1% year on year). Net profit was ₹11.57 Cr (10% margin). EBITDA was ₹17.48 Cr (15% margin).
- ₹118 CrRevenue · FY 2025 · -1% YoY
- ₹11.57 CrNet profit · 10% margin
- ₹17.48 CrEBITDA · 15% margin
- ₹30 LakhPaid-up capital
- 334Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Inovalon India Private Limited are on its company page.
Detailed financial statements for Inovalon
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Investments & Acquisitions by Inovalon
Inovalon has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ABILITY, Avalere Health and ComplexCare Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of hospital information management system for clinical facilities and life sciences | vigilanz.com | Minneapolis, United States | 2001 | Feb 2024 | •••• | |
Insurance claims and revenue cycle management solutions insurance industry and healthcare provider | abilitynetwork.com | Minneapolis, United States | 2000 | Mar 2018 | $1.2B | |
Care management services | complexcaresolutions.com | New York, United States | 2010 | Jul 2017 | •••• | |
Analytic and strategic problems are solved for healthcare companies. | avalere.com | 2000 | Aug 2015 | $140M |
Complete acquisition details for Inovalon
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Timeline of Inovalon
9 dated milestones of Inovalon across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Inovalon is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Avalere Health.
- Acquisition Acquires ComplexCare Solutions.
- Acquisition Acquires ABILITY.
- Funding First funding round of $79.0M.
- Funding Latest funding round, Debt – Conventional, of $1.1B.
- Exit Acquired by Nordic Capital.
- Acquisition Acquires VigiLanz.
Competitors of Inovalon
Inovalon has 3 listed competitors in our database, 2 of them funded. They include Change Healthcare, Innovaccer and Zelis Healthcare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| changehealthcare.com | 2007 | Nashville, United States | $35.99M | 11,310 | Cloud-based solutions are delivered for healthcare payers, providers, and patients. | |
| innovaccer.com | 2014 | San Francisco, United States | $675M | 1,125 | Provider of an AI-powered cloud platform for healthcare performance improvement | |
| zelis.com | 1995 | Boston, United States | 2,336 | Digital solutions to modernize the healthcare financial experience for payers, providers, and members |
Detailed competitors of Inovalon
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Web traffic of Inovalon
The website of Inovalon (inovalon.com) receives about 378.1K visits a month and ranks #99,155 among all websites worldwide, #2,861 in Health.
- Monthly visits378.1K
▲ 33.1% vs previous month
- Unique visitors58.2K
per month
- Global rank#99,155
among all websites
- Category rank#2,861
Health · Health
- Bounce rate31%
- Pages per visit10.2
- Average visit12 min 22 sec
- DevicesDesktop 80% · Mobile 20%
Websites whose visitors overlap most with Inovalon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| uhcprovider.com | 100% | 4.4M | #13,725 | View details | |
kantimehealth.net | kantimehealth.net | 80% | #19,879 | – | |
| availity.com | 80% | 8.5M | #4,842 | View details | |
ngsmedicare.com | ngsmedicare.com | 78% | #125,736 | – | |
| caradigm.com | 75% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Inovalon
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Inovalon (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Inovalon
Complete news archive for Inovalon
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Frequently Asked Questions about Inovalon
Inovalon was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Inovalon is headquartered in Bowie, United States. It is registered at Bowie, Maryland, United States.
Inovalon has 334 employees.
The primary company behind Inovalon, Inovalon India Private Limited, reported revenue of ₹118 Cr for FY 2025, down 1% year on year.
Inovalon was founded in 1998 and is headquartered in Bowie, United States. A cloud-based platform for data analytics is operated, focusing on the healthcare sector. Services for payers encompass quality measurement, reporting, clinical data extraction, risk analytics, and patient assessments. Solutions are also extended to providers, pharmacies, and life sciences, supporting operational and compliance needs across the industry.
Inovalon's top competitors include Change Healthcare, Innovaccer and Zelis Healthcare.
Inovalon offers Inovalon ONE® Platform, Data Cloud, Payer Cloud, and Provider Cloud.
Inovalon has made 4 acquisitions, including ABILITY, Avalere Health, and ComplexCare Solutions.
Inovalon has 3 investors. Key investors include Insight Partners, Nordic Capital, and 22C Capital.
Inovalon operates through Inovalon India Private Limited.
Yes. Inovalon was acquired by Nordic Capital in August 2021.
The legal entities of Inovalon currently have 2 directors, including Vikas Sahni, Sean Stephen Scarlis.