About INRange Systems
INRange Systems is a company based in Erie (United States) founded in 2003 by Mary Anne Papp.. INRange Systems has raised $42.19 million across 22 funding rounds from investors including Ceres Venture Fund, Hopewell Ventures and LSG Investments. The company has 24 employees as of December 31, 2022. INRange Systems operates in a competitive market with competitors including Wellth, Cureatr, Phil, Capsa Healthcare and Spencer Health Solutions, among others.
- Headquarter Erie, United States
- Employees 24 as on 31 Dec, 2022
- Founders Mary Anne Papp
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Inrange Systems, Inc.
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Annual Revenue
$00as on Sep 11, 2013
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Net Profit
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EBITDA
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Total Equity Funding
$42.19 M (USD)
in 22 rounds
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Latest Funding Round
$13.3 M (USD), Series D
Jan 15, 2020
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Investors
Ceres Venture Fund
& 2 more
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Employee Count
24
as on Dec 31, 2022
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Funding Insights of INRange Systems
INRange Systems has successfully raised a total of $42.19M across 22 strategic funding rounds. The most recent funding activity was a Series D round of $13.3 million completed in January 2020. 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 22
- Last Round Series D — $13.3M
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First Round
First Round
(01 Apr 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series D - INRange Systems | Valuation |
investors |
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| Jul, 2019 | Amount | Series C - INRange Systems | Valuation |
investors |
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| May, 2018 | Amount | Series C - INRange Systems | 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 |
investors |
Investors in INRange Systems
INRange Systems has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Ceres Venture Fund, Hopewell Ventures and LSG Investments. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage investments are made in life sciences technologies.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 INRange Systems
| 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 - INRange Systems
| 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 |
investors |
Inrange Systems Comparisons
Competitors of INRange Systems
INRange Systems 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 Wellth, Cureatr, Phil, Capsa Healthcare and Spencer Health Solutions, 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 |
Provides AI and cloud-based platform for doctors for patient engagement and care
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| domain | founded_year | HQ Location |
Cloud-based medication management software is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Prescription drugs refill management solutions
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| domain | founded_year | HQ Location |
Medication management systems are supplied to healthcare providers and pharmacies.
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| domain | founded_year | HQ Location |
Devices and apps for medication adherence are provided.
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| domain | founded_year | HQ Location |
Cloud-based medication adherence monitoring is provided for healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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 Inrange Systems
Frequently Asked Questions about INRange Systems
When was INRange Systems founded?
INRange Systems was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is INRange Systems located?
INRange Systems is headquartered in Erie, United States. It is registered at Erie, Pennsylvania, United States.
Is INRange Systems a funded company?
INRange Systems is a funded company, having raised a total of $42.19M across 22 funding rounds to date. The company's 1st funding round was a Series C of $275K, raised on Apr 01, 2005.
How many employees does INRange Systems have?
As of Dec 31, 2022, the latest employee count at INRange Systems is 24.
What does INRange Systems do?
INRange has developed an FDA cleared Medical Device and system for the remote administration of medications in an outpatient setting. The companys Electronic Medication Management Assistant (EMMA) system provides individual unit dose control of medication dispensing, managed through a web-based scheduling system remotely controlled by the pharmacist. The company offers its solutions to pharmacies, assisted living organizations, managed care facilities, and skilled nursing facilities. The companies hardware solution EMMA Narcotic E-kit assisted with medication dosage control, they are build to be installed in the medical room. Another product of the company EMMA E-cabinet is designed to manage the on-hand storage of medications.
Who are the top competitors of INRange Systems?
INRange Systems's top competitors include Wellth, Phil and Capsa Healthcare.
Who are INRange Systems's investors?
INRange Systems has 3 investors. Key investors include Ceres Venture Fund, Hopewell Ventures, and LSG Investments.