MD On-Line

Parsippany Troy Hills, United States Founded: 1999 • Age: 27 yrs Acquired By ABILITY
EDI solutions for healthcare claims and transactions are provided.
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About MD On-Line

MD On-Line is a company based in Parsippany Troy Hills (United States) founded in 1999 was acquired by ABILITY in October 2014.. MD On-Line has raised $12 million across 1 funding round from investors including Abingworth and ABILITY. The company has 128 employees as of December 31, 2012. MD On-Line has completed 2 acquisitions, including EMR - Transcription and Md Technologies. MD On-Line operates in a competitive market with competitors including Moxe Health, Redox, Medsender, Sansoro Health and Lexigram, among others.

  • Headquarter Parsippany Troy Hills, United States
  • Employees 128 as on 31 Dec, 2012
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12 M (USD)

    in 1 rounds

  • Latest Funding Round
    $12 M (USD), Series B

    May 11, 2011

  • Investors
    Abingworth

    & 1 more

  • Employee Count
    128

    as on Dec 31, 2012

  • Investments & Acquisitions
  • Acquired by
    ABILITY

    (Oct 15, 2014)

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Funding Insights of MD On-Line

MD On-Line has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series B round of $12 million completed in May 2011. 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 1
  • Last Round Series B — $12.0M
  • First Round

    (11 May 2011)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2011 Amount Series B - MD On-Line Valuation Abingworth
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 MD On-Line

MD On-Line has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Abingworth and ABILITY. 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
Early stage venture capital firm investing in US
Founded Year Domain Location
Insurance claims and revenue cycle management solutions insurance industry and healthcare provider
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 MD On-Line

MD On-Line has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EMR - Transcription and Md Technologies. 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
EMR, Practice Management software and transcriptions and revenue cycle management servcies
2002
Provider of healthcare management services
1999
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 - MD On-Line

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

Md On-Line Comparisons

Employees
+
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Competitors of MD On-Line

MD On-Line 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 Moxe Health, Redox, Medsender, Sansoro Health and Lexigram, 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
An EHR integration platform for healthcare providers is offered.
domain founded_year HQ Location
Healthcare data interoperability is facilitated by Redox's platform.
domain founded_year HQ Location
Medical records are exchanged between healthcare providers via a plugin.
domain founded_year HQ Location
EMR interoperability is enabled through universal APIs by Sansoro Health.
domain founded_year HQ Location
Scalable medical entity and context extraction APIs for patient data
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 Md On-Line

Frequently Asked Questions about MD On-Line

When was MD On-Line founded?

MD On-Line was founded in 1999 and raised its 1st funding round 12 years after it was founded.

Where is MD On-Line located?

MD On-Line is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.

Is MD On-Line a funded company?

MD On-Line is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series B of $12M, raised on May 11, 2011.

How many employees does MD On-Line have?

As of Dec 31, 2012, the latest employee count at MD On-Line is 128.

What does MD On-Line do?

Founded in 1999 and headquartered in Parsippany Troy Hills, United States, MD On-Line operates in the healthcare technology sector. Electronic data interchange services are offered to connect providers with over 2,000 payers nationwide. Core operations include claims submission, eligibility verification, referrals, claim status checks, and electronic remittance advice. These solutions are utilized by more than 45,000 healthcare providers across various practice sizes.

Who are the top competitors of MD On-Line?

MD On-Line's top competitors include Redox, Moxe Health and Medsender.

How many acquisitions has MD On-Line made?

MD On-Line has made 2 acquisitions, including EMR - Transcription, and Md Technologies.

Who are MD On-Line's investors?

MD On-Line has 2 investors. Key investors include Abingworth, and ABILITY.

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