About Lumere
Lumere is a company based in Chicago (United States) founded in 2012 was acquired by Global Healthcare Exchange in January 2020. Lumere has raised $21.18 million across 5 funding rounds from investors including HCA Healthcare, Bessemer Venture Partners and Global Healthcare Exchange. The company has 212 employees as of December 31, 2022. Lumere offers products and services including Value Analysis, Order Automation, Inventory Management, Vendor Credentialing, and GHX Marketplace. Lumere operates in a competitive market with competitors including Glassbeam, Asimily, CyberMDX, Censis and TriMedx, among others.
- Headquarter Chicago, United States
- Employees 212 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Procured, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$21.18 M (USD)
in 5 rounds
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Latest Funding Round
$4.98 M (USD), Series B
Jan 31, 2019
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Investors
HCA Healthcare
& 9 more
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Employee Count
212
as on Dec 31, 2022
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Acquired by
Global Healthcare Exchange
(Jan 13, 2020)
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Products & Services of Lumere
Lumere offers a comprehensive portfolio of products and services, including Value Analysis, Order Automation, Inventory Management, Vendor Credentialing, and GHX Marketplace.
Delivers evidence-based insights for cost-effective healthcare supply decisions.
Automates processes to standardize and improve order accuracy in healthcare.
Enhances visibility and control of healthcare inventory through software tools.
Manages risk mitigation and compliance for healthcare supplier relationships.
Facilitates product selection and procurement for healthcare supply chains.
Funding Insights of Lumere
Lumere has successfully raised a total of $21.18M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $4.98 million completed in January 2019. 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.
Investors in Lumere
Lumere has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include HCA Healthcare, Bessemer Venture Partners and Global Healthcare Exchange.
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Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
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Offline-focused VC firm investing primarily in the US
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for Lumere
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lumere
Investment portfolio details for Lumere
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- Transaction dates
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Financial Statements - Lumere
Detailed financials for Lumere
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- Profit trends
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Lumere Comparisons
Peer comparison for Lumere
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Competitors of Lumere
Lumere 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 Glassbeam, Asimily, CyberMDX, Censis and TriMedx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI and cloud-based medical equipment’s machine data management tool for providers
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Medical device assets are managed via an online platform.
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| Locked | Locked | Locked |
AI-based cybersecurity solutions for healthcare networks are delivered.
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SaaS-based surgical instrument tracking solutions are offered for healthcare providers.
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Healthcare technology management services to health care providers and medical equipment manufacturers
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Detailed competitors of Lumere
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Latest news on Lumere
Complete news archive for Lumere
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Frequently Asked Questions about Lumere
Lumere was founded in 2012.
Lumere is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Lumere is a funded company, having raised a total of $21.18M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Lumere is 212.
Founded in 2012 and based in Chicago, United States, Lumere operates in the healthcare sector, focusing on evidence-based data and analytics to address costs and clinical variations in drug selection and utilization. Services include web-based tools for product introduction management, which standardizes value analysis processes, and category optimization for strategic sourcing to maintain accuracy and compliance. These solutions support physicians and providers in managing supply chains and formularies.
Lumere offers Value Analysis, Order Automation, Inventory Management, Vendor Credentialing, and GHX Marketplace.
Lumere has 10 investors. Key investors include HCA Healthcare, Bessemer Venture Partners, Global Healthcare Exchange, Eight Roads Ventures, and Heritage Group.