LogicStream

Minneapolis, United States Founded: 2013 • Age: 13 yrs Acquired By QuVa Pharma
Clinical decision support is optimized for healthcare through EHR solutions.
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About LogicStream

LogicStream is a company based in Minneapolis (United States) founded in 2013 was acquired by QuVa Pharma in July 2024.. LogicStream has raised $6 million across 2 funding rounds from investors including QuVa Pharma, Noro-Moseley Partners and TangoSquared. The company has 36 employees as of December 31, 2022. LogicStream offers products and services including Drug Shortage Navigator, Drug Diversion Surveillance, Clinical Process Improvement, Enterprise Performance Platform, and Inventory & Supply Advisor. LogicStream operates in a competitive market with competitors including Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, among others.

  • Headquarter Minneapolis, United States
  • Employees 36 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $0
    0
    as on Mar 04, 2014
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    May 09, 2017

  • Investors
    QuVa Pharma

    & 2 more

  • Employee Count
    36

    as on Dec 31, 2022

  • Acquired by
    QuVa Pharma

    (Jul 25, 2024)

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Products & Services of LogicStream

LogicStream offers a comprehensive portfolio of products and services, including Drug Shortage Navigator, Drug Diversion Surveillance, Clinical Process Improvement, Enterprise Performance Platform, and Inventory & Supply Advisor. 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

Monitors and manages drug shortages in healthcare systems effectively.

Detects and prevents unauthorized drug diversion in medical settings.

Enhances clinical workflows and patient care through data analysis.

Boosts healthcare operations with performance tracking and insights.

Optimizes inventory management for healthcare providers and partners.

People of LogicStream
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Ben Anderson
Software Engineer
People
Harrison Hutter
Senior Data Analyst
People
Adam Bachmeier
Data Scientist
People
Chris Ahrens
Software Development Manager

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Funding Insights of LogicStream

LogicStream has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in May 2017. 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 Series A — $6.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Series A - LogicStream Valuation Noro-Moseley Partners
Mar, 2014 Amount Seed - LogicStream 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 LogicStream

LogicStream has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include QuVa Pharma, Noro-Moseley Partners and TangoSquared. 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
Tech and Life Sciences focused VC firm investing in the US
Founded Year Domain Location
TangoSquared is recognized as a veteran-owned marketing and design agency.
Founded Year Domain Location
Sterile compounding pharmacy services
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 LogicStream

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 - LogicStream

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

Logicstream Comparisons

Employees
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Competitors of LogicStream

LogicStream 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 Carta Healthcare, Verana Health, Clearsense, ClearDATA and Truveta, 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 clinical data management tools are offered to healthcare providers.
domain founded_year HQ Location
Verana Health is focused on real-world data analytics in healthcare.
domain founded_year HQ Location
Healthcare analytics platforms and applications are developed for clinicians.
domain founded_year HQ Location
Cloud-based clinical data management platform for healthcare providers
domain founded_year HQ Location
Healthcare data platform for learning services is provided.
domain founded_year HQ Location
Provider of an AI-based medical data management and mining platform for the healthcare industry
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.

Frequently Asked Questions about LogicStream

When was LogicStream founded?

LogicStream was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is LogicStream located?

LogicStream is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Is LogicStream a funded company?

LogicStream is a funded company, having raised a total of $6M across 2 funding rounds to date.

How many employees does LogicStream have?

As of Dec 31, 2022, the latest employee count at LogicStream is 36.

What does LogicStream do?

LogicStream Health was founded in 2013 and is based in Minneapolis, United States. Clinical decision support management solutions are offered by the company within the healthcare sector. Electronic health records are optimized using these tools to support quality improvement, cost reduction, and patient satisfaction goals. Operations focus on enabling healthcare organizations to integrate and manage CDS effectively across clinical workflows.

Who are the top competitors of LogicStream?

LogicStream's top competitors include Carta Healthcare, Truveta and ClearDATA.

What products or services does LogicStream offer?

LogicStream offers Drug Shortage Navigator, Drug Diversion Surveillance, Clinical Process Improvement, Enterprise Performance Platform, and Inventory & Supply Advisor.

Who are LogicStream's investors?

LogicStream has 3 investors. Key investors include QuVa Pharma, Noro-Moseley Partners, and TangoSquared.

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