Lumeris

Maryland Heights, United States Founded: 2001 • Age: 25 yrs
Lumeris offers population management and accountable care solutions
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About Lumeris

Lumeris is a company based in Maryland Heights (United States) founded in 2001.. Lumeris has raised $477.3 million across 9 funding rounds from investors including Kleiner Perkins, Endeavor Health and BCBSAssociation. Lumeris has completed 2 acquisitions, including Forecast Health and NaviNet. Lumeris offers products and services including LumerisPerform, Care Quality Solutions, and High-Risk Patient Management. Lumeris operates in a competitive market with competitors including Aledade, Arcadia, Aetion, Evolent and Advantum Health, among others.

  • Headquarter Maryland Heights, United States
  • Sectors
    Healthcare
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lumeris India Private Limited
  • Date of Incorporation 23 Sep, 2008
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Health Technology & Digital Health
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $2.61 M (USD)
    19.75
    as on Mar 31, 2016
  • Net Profit
    $186.04 K (USD)
    16.84
    as on Mar 31, 2016
  • EBITDA
    $349.19 K (USD)
    3.31
    as on Mar 31, 2016
  • Total Equity Funding
    $477.3 M (USD)

    in 9 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Apr 02, 2024

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Lumeris

Lumeris offers a comprehensive portfolio of products and services, including LumerisPerform, Care Quality Solutions, and High-Risk Patient Management. 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

Technology platform for managing population health and care delivery.

Services to improve clinical documentation and patient access.

Tools for coordinating care for vulnerable patient groups.

People of Lumeris
Headcount 500-1000
Employee Profiles 136
Board Members and Advisors 8
Employee Profiles
People
Stephanie Hu
Vp, Corporate Controller
People
Ian McDaniel Pt
Vice President, Operations And Customer Success
People
Cheryl McKnabb
Director Of Payer Contracting
People
Gail Halterman
Chief Legal Officer

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Board Members and Advisors
people
David Feinberg
Director
people
Richard Jones
Board Member

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Funding Insights of Lumeris

Lumeris has successfully raised a total of $477.3M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in April 2024. 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 9
  • Last Round Series D — $100.0M
  • First Round

    (27 May 2010)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Series D - Lumeris Valuation Deerfield
Oct, 2023 Amount Debt – Conventional - Lumeris Valuation

investors

Jul, 2014 Amount Private Equity Round - Lumeris 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 Lumeris

Lumeris has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Endeavor Health and BCBSAssociation. 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
Institutional
Investor Description Founded Year Domain Location
Healthcare ecosystem is supported through investment and innovation by Deerfield.
Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
Early-stage US venture capital investments are made by Sandbox Industries.
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 Lumeris

Lumeris has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Forecast Health and NaviNet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provides health systems with predictive analytics
2014
Healthcare collaboration network for providers and insurers is facilitated.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lumeris

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

Lumeris Comparisons

Employees
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Competitors of Lumeris

Lumeris 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 Aledade, Arcadia, Aetion, Evolent and Advantum 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
domain founded_year HQ Location
Primary care physician platform for patient care delivery is provided.
domain founded_year HQ Location
AI-based healthcare data analytics platform is provided for organizations.
domain founded_year HQ Location
Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population
domain founded_year HQ Location
Intelligent solutions for complex health conditions are delivered through partnerships.
domain founded_year HQ Location
Healthcare providers are supported in shifting to value-based care models.
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 Lumeris

Frequently Asked Questions about Lumeris

When was Lumeris founded?

Lumeris was founded in 2001 and raised its 1st funding round 9 years after it was founded.

Where is Lumeris located?

Lumeris is headquartered in Maryland Heights, United States. It is registered at Maryland Heights, Missouri, United States.

Who is the current CEO of Lumeris?

Michael Long is the current CEO of Lumeris.

Is Lumeris a funded company?

Lumeris is a funded company, having raised a total of $477.3M across 9 funding rounds to date. The company's 1st funding round was a Private Equity Round of $71M, raised on May 27, 2010.

What is the annual revenue of Lumeris?

Annual revenue of Lumeris is $2.61M as on Mar 31, 2016.

What does Lumeris do?

Lumeris was founded in 2001 and is based in Maryland Heights, United States. Population health management solutions are offered by the company to health systems, payers, and providers in the healthcare sector. Process improvement strategies, technology tools, and clinical workflows are supplied to support patient and population management. Clinical and financial outcomes for healthcare organizations are targeted for enhancement. Operations are conducted as a subsidiary of Essence Group Holdings Corporation.

Who are the top competitors of Lumeris?

Lumeris's top competitors include Aledade, Arcadia and Aetion.

What products or services does Lumeris offer?

Lumeris offers LumerisPerform, Care Quality Solutions, and High-Risk Patient Management.

How many acquisitions has Lumeris made?

Lumeris has made 2 acquisitions, including Forecast Health, and NaviNet.

Who are Lumeris's investors?

Lumeris has 8 investors. Key investors include Kleiner Perkins, Endeavor Health, BCBSAssociation, Deerfield, and Sandbox Industries.

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