About Lightning MD
Lightning MD is a company based in Palm Desert (United States) founded in 2016 was acquired by Elation Health in February 2023.. Lightning MD has raised $195 thousand across 1 funding round from investors including Elation Health. Lightning MD operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
- Headquarter Palm Desert, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lightning Md, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$195 K (USD)
in 1 rounds
-
Latest Funding Round
$195 K (USD), Seed
Jun 10, 2021
- Investors
-
Employee Count
Employee Count
-
Acquired by
Elation Health
(Feb 16, 2023)
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
Funding Insights of Lightning MD
Lightning MD has successfully raised a total of $195K through 1 strategic funding round. The most recent funding activity was a Seed round of $195 thousand completed in June 2021. 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 1
- Last Round Seed — $195,000
-
First Round
First Round
(10 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Lightning MD | 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 Lightning MD
Lightning MD has secured backing from 1 investor. Prominent investors backing the company include Elation Health. 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 |
|---|---|---|---|---|
|
Online EHR is offered for private practice physicians' patient-centered care.
|
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 Lightning MD
| 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 - Lightning MD
| 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 |
Lightning Md Comparisons
Competitors of Lightning MD
Lightning MD 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, 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 |
AI-driven EMR and practice management software is delivered for clinics.
|
|
| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
|
|
| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
|
|
| domain | founded_year | HQ Location |
Clinical and financial solutions are delivered to ambulatory providers.
|
|
| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
|
|
| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
|
| 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 Lightning Md
Frequently Asked Questions about Lightning MD
When was Lightning MD founded?
Lightning MD was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Lightning MD located?
Lightning MD is headquartered in Palm Desert, United States. It is registered at Palm Desert, California, United States.
Is Lightning MD a funded company?
Lightning MD is a funded company, having raised a total of $195K across 1 funding round to date. The company's 1st funding round was a Seed of $195K, raised on Jun 10, 2021.
What does Lightning MD do?
Lightning MD was founded in 2016 in Palm Desert, United States, within the health technology sector. A multi-platform, cloud-based electronic health record (EHR) and practice management (PM) application is being developed, tailored to specific doctor specialties. Automation tools are incorporated, and the PM features support same-day billing processes. As of September 2017, the product had not been launched.
Who are the top competitors of Lightning MD?
Lightning MD's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
Who are Lightning MD's investors?
Lightning MD has 1 investor. Key investors include Elation Health.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.