Intellivo

Memphis, United States Founded: 1999 • Age: 27 yrs
Healthcare claims detection and recovery solutions are provided.
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About Intellivo

Intellivo is a company based in Memphis (United States) founded in 1999.. Intellivo has raised $40 million across 2 funding rounds from investors including Abry Partners and Thompson Street Capital Partners. Intellivo offers products and services including Subrogation Recovery Services, Accident Liability Claim Builder, and Complex Claims Management. Intellivo operates in a competitive market with competitors including Sodexo, Optum, Clara, Bright Horizons Family Solutions and PayActiv, among others.

  • Headquarter Memphis, United States
  • Sectors
    Healthcare
    Business Services Financial Services Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Benefit Recovery Group, Llc
Operational Areas
Healthcare → Health Technology & Digital Health
Business Services → Workforce & Human Resource Solutions
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $40 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Intellivo

Intellivo offers a comprehensive portfolio of products and services, including Subrogation Recovery Services, Accident Liability Claim Builder, and Complex Claims Management. 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

Identifies and secures subrogation opportunities for medical claim reimbursements.

Gathers information to prepare bills for accident-related medical claims.

Confirms payment sources and submits bills for complex medical claims.

People of Intellivo
Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Philip Heppel
Attorney - Practice Lead
People
Charm Pratt
Chief Operating Officer
People
Tim F. Brown
Director, Payer Sales
People
Jenna McDonald Nichols
Attorney

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Funding Insights of Intellivo

Intellivo has successfully raised a total of $40M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (21 Oct 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Private Equity Round - Intellivo Valuation Thompson Street Capital Partners
Oct, 2020 Amount Private Equity Round - Intellivo Valuation Abry
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 Intellivo

Intellivo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Abry Partners and Thompson Street Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A private equity firm focused on middle-market business investments.
Founded Year Domain Location
Abry Partners is engaged in middle market private equity investments.
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 Intellivo

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

Financial Statements - Intellivo

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

Intellivo Comparisons

Employees
+
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Competitors of Intellivo

Intellivo 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 Sodexo, Optum, Clara, Bright Horizons Family Solutions and PayActiv, 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
Employee benefits payment cards are provided via an online platform.
domain founded_year HQ Location
Optum is recognized as a leading health solution and care delivery organization.
domain founded_year HQ Location
Meetings are scheduled using AI by adding Clara to emails.
domain founded_year HQ Location
Early education and child care services are provided globally.
domain founded_year HQ Location
Prepaid corporate cards are offered for on-demand employee wage access.
domain founded_year HQ Location
A platform for virtual credit cards and spend management is provided by Extend for businesses.
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 Intellivo

Frequently Asked Questions about Intellivo

When was Intellivo founded?

Intellivo was founded in 1999 and raised its 1st funding round 21 years after it was founded.

Where is Intellivo located?

Intellivo is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.

Who is the current CEO of Intellivo?

Laura Hescock is the current CEO of Intellivo.

Is Intellivo a funded company?

Intellivo is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $40M, raised on Oct 21, 2020.

What does Intellivo do?

Intellivo was founded in 1999 and is headquartered in Memphis, United States. Operations are centered in the healthcare sector, where technology-enabled services for pre-bill and post-pay third-party liability identification are offered. Full recovery solutions for complex claims are managed to address payment accuracy, savings levels, recovery timelines, and experiences of providers and patients.

Who are the top competitors of Intellivo?

Intellivo's top competitors include Sodexo, Optum and PayActiv.

What products or services does Intellivo offer?

Intellivo offers Subrogation Recovery Services, Accident Liability Claim Builder, and Complex Claims Management.

Who are Intellivo's investors?

Intellivo has 2 investors. Key investors include Abry Partners, and Thompson Street Capital Partners.

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