LogicStream

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

About LogicStream

LogicStream is a Healthcare company based in Minneapolis (United States) founded in 2013, and was acquired by QuVa Pharma in July 2024. Clinical decision support is optimized for healthcare through EHR solutions. LogicStream has raised $6 million across 2 funding rounds from investors including QuVa Pharma, Noro-Moseley Partners and TangoSquared. The company has 36 employees. LogicStream offers products and services including Drug Shortage Navigator, Drug Diversion Surveillance, Clinical Process Improvement, Enterprise Performance Platform, and Inventory & Supply Advisor. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Carta Healthcare, Verana Health and Clearsense; 3 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Total Equity Funding
    $6M (USD)

    in 2 rounds

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

    May 2017

  • Investors
  • Employee Count
    36
  • Acquired by
    QuVa Pharma

    (Jul 2024)

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.

Drug Shortage Navigator
Software Tool

Monitors and manages drug shortages in healthcare systems effectively.

Drug Diversion Surveillance
Software Tool

Detects and prevents unauthorized drug diversion in medical settings.

Clinical Process Improvement
Software Platform

Enhances clinical workflows and patient care through data analysis.

Enterprise Performance Platform
Analytics Software

Boosts healthcare operations with performance tracking and insights.

Inventory & Supply Advisor
Supply Chain Tool

Optimizes inventory management for healthcare providers and partners.

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 $6M
  • Total Rounds 2
  • Last Round Series A — $6M
  • Investors Count 2

All 2 funding rounds of LogicStream with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$6MSeries A–Noro-Moseley Partners
–
Mar 2014Seed––
Valuation history

3 investors in total: 3 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Tech and Life Sciences focused VC firm investing in the US
noromoseley.comAtlanta, United States
TangoSquared is recognized as a veteran-owned marketing and design agency.
2006treehouse-health.comSyracuse, United States
Sterile compounding pharmacy services
2015quvapharma.comSugar Land, United States
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Investor details for LogicStream

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People of LogicStream

14 people are tracked at LogicStream (5 in leadership, 9 in team); the tracked headcount is 36.

NameRoleGroup
Patrick Yoder, PharmD.
Co-Founder & CEOLeadership
James Schwarzmeier
Chief Technology OfficerLeadership
Peter Ketchum
Executive Vice President, Product and CustomerLeadership
Steve Canakes
Executive Vice President Of SalesLeadership
Michele Berkovich
Director of Customer SuccessLeadership
Matt Zacher
Customer Success ManagerTeam
Ben Anderson
Software EngineerTeam
Harrison Hutter
Senior Data AnalystTeam
Adam Bachmeier
Data ScientistTeam
Chris Ahrens
Software Development ManagerTeam
Joshua Rehbein
Software EngineerTeam
Kaite W.
Senior Software EngineerTeam
Matt Sisterman
Information Security OfficerTeam
Zebadiah Simpson
Software Engineer IIITeam
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Complete people profiles for LogicStream

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Timeline of LogicStream

4 dated milestones of LogicStream across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded LogicStream is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $6.0M.
  4. Exit Acquired by QuVa Pharma.

Competitors of LogicStream

LogicStream has 3 listed competitors in our database, 3 of them funded. They include Carta Healthcare, Verana Health and Clearsense.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
carta.healthcare2017San Mateo, United States$80.55M57
AI-driven clinical data management tools are offered to healthcare providers.
veranahealth.com2011San Francisco, United States$287.8M
Verana Health is focused on real-world data analytics in healthcare.
clearsense.com2015Jacksonville, United States$123.93M
Healthcare analytics platforms and applications are developed for clinicians.
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Detailed competitors of LogicStream

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as LogicStream (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Logicstream

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Frequently Asked Questions about LogicStream

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

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

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

LogicStream has 36 employees.

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.

LogicStream's top competitors include Carta Healthcare, Verana Health and Clearsense.

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

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

Yes. LogicStream was acquired by QuVa Pharma in July 2024.

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