MatrixCare

Bloomington, United States Founded: 1982 • Age: 44 yrs Acquired By ResMed
Web-based software for long term care, senior living, and assisted living
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About MatrixCare

MatrixCare is a company based in Bloomington (United States) founded in 1982 was acquired by ResMed in November 2018.. The company has 243 employees as of April 03, 2024. MatrixCare has completed 2 acquisitions, including AOD Software and SigmaCare. MatrixCare offers products and services including Home Health Software, Hospice Software, Senior Living Software, Life Plan Community Software, and Skilled Nursing Software. MatrixCare operates in a competitive market with competitors including Evariant, Swoop, Doctor.com, PulsePoint and Influence Health, among others.

  • Headquarter Bloomington, United States
  • Employees 243 as on 03 Apr, 2024
  • Sectors
    Healthcare
    Consumer Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Resmed Technology India Private Limited
  • Date of Incorporation 18 Feb, 2016
  • Jurisdiction Manapakkam, Tamil Nadu, India
Operational Areas
Healthcare → Health Technology & Digital Health
Consumer → Food, Beverage & Nutrition
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $3.69 M (USD)
    18.02
    as on Mar 31, 2023
  • Net Profit
    $533.98 K (USD)
    12.89
    as on Mar 31, 2023
  • EBITDA
    $630.25 K (USD)
    -6.38
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
    ResMed

    & 1 more

  • Employee Count
    243

    as on Apr 03, 2024

  • Investments & Acquisitions
  • Acquired by
    ResMed

    (Nov 05, 2018)

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Products & Services of MatrixCare

MatrixCare offers a comprehensive portfolio of products and services, including Home Health Software, Hospice Software, Senior Living Software, Life Plan Community Software, and Skilled Nursing Software. 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

Manages data analytics and interoperability for home health providers

Supports regulatory compliance and clinician satisfaction in hospice care

Handles financial operations and nutrition management for senior living facilities

Facilitates resident engagement and retail management in community settings

Provides advanced insights and revenue cycle tools for skilled nursing

People of MatrixCare
Headcount 500-1000
Employee Profiles 96
Employee Profiles
People
Luke Peterson
Sales Manager
People
Orlando Chapoy
Senior Acct. Exec.
People
Doug Brandberg
Head of Finance
People
Joanne Marceau
Senior Sales Executive

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Funding Insights of MatrixCare

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2010 Amount Private Equity Round - MatrixCare 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 MatrixCare

MatrixCare has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ResMed and OMERS Private Equity. 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
Private equity investments are managed for municipal pension plans.
Founded Year Domain Location
Therapeutic devices to treat sleep apnea and respiratory disorders
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 MatrixCare

MatrixCare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AOD Software and SigmaCare. 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
Clinical decision support is integrated into EHR for hospice providers.
2005
Cloud based suite solution of EHR, billing, scheduling and operations management for the long term care industry
1995
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 - MatrixCare

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

Matrixcare Comparisons

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Competitors of MatrixCare

MatrixCare 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 Evariant, Swoop, Doctor.com, PulsePoint and Influence 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
Provides platform for digital marketing solutions
domain founded_year HQ Location
AI-based advertising solutions for pharmaceuticals are offered by Swoop.
domain founded_year HQ Location
Online visibility and reputation for healthcare providers are optimized.
domain founded_year HQ Location
Programmatic content marketing platform
domain founded_year HQ Location
Platform that enables organizations to influence consumer decision making and health-behaviors
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 MatrixCare

When was MatrixCare founded?

MatrixCare was founded in 1982 and raised its 1st funding round 28 years after it was founded.

Where is MatrixCare located?

MatrixCare is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.

How many employees does MatrixCare have?

As of Apr 03, 2024, the latest employee count at MatrixCare is 243.

What is the annual revenue of MatrixCare?

Annual revenue of MatrixCare is $3.69M as on Mar 31, 2023.

What does MatrixCare do?

MatrixCare provides Electronic Health Records Software for long-term care, senior living, and assisted living facilities. Provides MatrixCare for senior living and MatrixCare for Skilled Nursing. The software provides solutions in the areas of clinical, resident, financial, operations, marketing, lead generation. lead tracking and analytics for mining data and for interoperability to connect with third party systems.Claims to be used at 6,400 facilities.Acquired AOD software, a provider of solutions for senior living facilities, in December 2015. Acquired MealTracker, nutritional management solution, in October 2015.

Who are the top competitors of MatrixCare?

MatrixCare's top competitors include CBORD, Swoop and PulsePoint.

What products or services does MatrixCare offer?

MatrixCare offers Home Health Software, Hospice Software, Senior Living Software, Life Plan Community Software, and Skilled Nursing Software.

How many acquisitions has MatrixCare made?

MatrixCare has made 2 acquisitions, including AOD Software, and SigmaCare.

Who are MatrixCare's investors?

MatrixCare has 2 investors. Key investors include ResMed, and OMERS Private Equity.

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