About Laker Software
Laker Software is a company based in Lakeville (United States) founded in 1998 by Jack Guggisberg was acquired by Envision Pharmaceutical Services in December 2013.. The company has 34 employees as of December 31, 2013. Laker Software offers products and services including Claims Processing Software, Call Center Software, Real Time Reporting, Business to Business Switch, and Eligibility Maintenance. Laker Software operates in a competitive market with competitors including iMedX, Xifin, Infinx, AKASA and R1 RCM, among others.
- Headquarter Lakeville, United States
- Employees 34 as on 31 Dec, 2013
- Founders Jack Guggisberg
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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 Laker Software, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
34
as on Dec 31, 2013
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Acquired by
Envision Pharmaceutical Services
(Dec 03, 2013)
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Products & Services of Laker Software
Laker Software offers a comprehensive portfolio of products and services, including Claims Processing Software, Call Center Software, Real Time Reporting, Business to Business Switch, and Eligibility Maintenance. 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 for accurate pharmacy claims processing and plan design handling.
Tool for real-time information access in pharmacy benefit call centers.
Platform for remote access to clinical and financial reports.
System for handling claims data between multiple IP addresses.
Tool for loading and verifying member eligibility files efficiently.
Software for tracking and managing accounts payable and receivable.
Funding Insights of Laker Software
| 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 |
Investors in Laker Software
Laker Software has secured backing from 1 investor. Prominent investors backing the company include Envision Pharmaceutical Services. 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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Prescription drug benefits are managed for members through various services.
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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 Laker Software
| 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 - Laker Software
| 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 |
Laker Software Comparisons
Competitors of Laker Software
Laker Software 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 iMedX, Xifin, Infinx, AKASA and R1 RCM, 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 |
Revenue cycle management platform is provided to healthcare providers.
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| domain | founded_year | HQ Location |
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
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| domain | founded_year | HQ Location |
Revenue cycle management platform for healthcare is provided.
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| domain | founded_year | HQ Location |
Revenue cycle automation platforms are provided for healthcare reimbursement.
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| domain | founded_year | HQ Location |
End-to-end revenue cycle management is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Provider of revenue cycle management services
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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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Frequently Asked Questions about Laker Software
When was Laker Software founded?
Laker Software was founded in 1998.
Where is Laker Software located?
Laker Software is headquartered in Lakeville, United States. It is registered at Lakeville, Minnesota, United States.
How many employees does Laker Software have?
As of Dec 31, 2013, the latest employee count at Laker Software is 34.
What does Laker Software do?
Laker Software was founded in 1998 in Lakeville, United States, within the healthcare software sector. Claims processing software and support services for prescription drug benefit programs are offered. Key products include PBM Express Adjudication Software for adjudication tasks, PDEFixer for automated PDE rejection handling, a claims reprocessing module for Medicaid plans, a member Web portal, and APAR for accounts payable and receivable tracking. Operations focus on pharmacy benefit management tools.
Who are the top competitors of Laker Software?
Laker Software's top competitors include R1 RCM, AKASA and ABI Health.
What products or services does Laker Software offer?
Laker Software offers Claims Processing Software, Call Center Software, Real Time Reporting, Business to Business Switch, and 2 more products and services.
Who are Laker Software's investors?
Laker Software has 1 investor. Key investors include Envision Pharmaceutical Services.