About LocalMed
LocalMed is a company based in Baton Rouge (United States) founded in 2012 was acquired by Dental Intel in August 2019.. The company has 18 employees as of December 31, 2019. LocalMed offers products and services including Analytics, Engagement, and Insurance. LocalMed operates in a competitive market with competitors including Zocdoc, Ochsner, Phreesia, SingleCare and Temple Health, among others.
- Headquarter Baton Rouge, United States
- Employees 18 as on 31 Dec, 2019
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dental Intelligence, 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
18
as on Dec 31, 2019
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Acquired by
Dental Intel
(Aug 07, 2019)
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Products & Services of LocalMed
LocalMed offers a comprehensive portfolio of products and services, including Analytics, Engagement, and Insurance. 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.
Extracts value from practice data for performance insights
Facilitates online scheduling and communication for patients
Handles claims and eligibility verification efficiently
Funding Insights of LocalMed
| 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 LocalMed
LocalMed has secured backing from 1 investor. Prominent investors backing the company include Dental Intel. 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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Dental intelligence is delivered via SaaS platform for performance analytics.
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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 LocalMed
| 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 - LocalMed
| 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 |
Localmed Comparisons
Competitors of LocalMed
LocalMed 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 Zocdoc, Ochsner, Phreesia, SingleCare and Temple Health, 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 |
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| domain | founded_year | HQ Location |
Healthcare appointments are booked online via Zocdoc's platform.
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| domain | founded_year | HQ Location |
Healthcare services, research, education, and community support are provided.
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| domain | founded_year | HQ Location |
A patient check-in platform is offered to healthcare organizations.
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| domain | founded_year | HQ Location |
A platform for discovering free discount services in healthcare.
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| domain | founded_year | HQ Location |
Doctors' appointments are booked via an online platform.
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| domain | founded_year | HQ Location |
Online doctor appointments are booked via Hydreight's mobile platform.
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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 LocalMed
When was LocalMed founded?
LocalMed was founded in 2012.
Where is LocalMed located?
LocalMed is headquartered in Baton Rouge, United States. It is registered at Baton Rouge, Louisiana, United States.
How many employees does LocalMed have?
As of Dec 31, 2019, the latest employee count at LocalMed is 18.
What does LocalMed do?
LocalMed was founded in 2012 in Baton Rouge, United States, and operates in the healthcare technology sector. Appointment management solutions are offered to dental practices through a software platform that optimizes schedules and reduces patient wait times. Integration with search engines such as Google and Facebook is included, enabling patients to locate practitioners and book appointments based on availability. Practice growth and patient engagement are supported via these features.
Who are the top competitors of LocalMed?
What products or services does LocalMed offer?
LocalMed offers Analytics, Engagement, and Insurance.
Who are LocalMed's investors?
LocalMed has 1 investor. Key investors include Dental Intel.
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