About MDdatacor
MDdatacor is a Healthcare company based in Alpharetta (United States) founded in 2001, and was acquired by SPH Analytics in April 2014. SaaS based quality management solutions for insurers and providers. MDdatacor has raised $5.64 million across 2 funding rounds from investors including SPH Analytics, Dianon and Blue Cross Blue Shield of North Dakota. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Title21 Health Solutions, nemedio and Quantros; 2 of its 3 listed competitors have raised funding.
Company details
MDdatacor (part of SPH analytics) collects, stores, manages and analyzes patient medical information from multiple data sets. MDdatacors patented web-based system, MDinsight, is used to support quality measurement and improvement and facilitate patient data sharing across providers and care settings. The system analyzes data against evidence-based guidelines. Noridian Mutual Insurance Co acquired MDdatacor in 2011. In 2014;Symphony Technology Group bought MDdatacor from Noridian.
- Headquarters Alpharetta, United States
- Stage Acquired
- SectorsHealthcare
- Website mddatacor.com
- Social LinkedIn X Facebook
- Acquired by SPH Analytics (Apr 2014)
- Total Equity Funding$5.64M (USD)
in 2 rounds
- Latest Funding Round$2.64M (USD), Seed
May 2010
- InvestorsSPH Analytics
& 3 more
- Acquired by
Funding Insights of MDdatacor
MDdatacor has successfully raised a total of $5.64M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.64 million completed in May 2010. 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 $5.64M
- Total Rounds 2
- Last Round Seed — $2.64M
- First Round $3M
(Nov 2002)
- Investors Count 1
All 2 funding rounds of MDdatacor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2010 | $2.64M | Seed | – | – | – |
| Nov 2002 | $3M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in MDdatacor
MDdatacor has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include SPH Analytics, Dianon and Blue Cross Blue Shield of North Dakota.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
High-quality pathology services are blended with local pathologist care. | 1996 | dianon.com | Los Angeles, United States | |
Provides clinical data analytics for providers, payers and healthcare organizations | 1982 | sphanalytics.com | Alpharetta, United States | |
Health insurance plans are provided by Blue Cross Blue Shield of North Dakota. | bcbsnd.com | Fargo, United States |
Investor details for MDdatacor
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MDdatacor
5 dated milestones of MDdatacor across 13 years, from founding to its latest funding, stage changes and deals.
- Founded MDdatacor is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Seed, of $2.6M.
- Exit Acquired by Bcbsnd.
- Exit Acquired by SPH Analytics.
Competitors of MDdatacor
MDdatacor has 3 listed competitors in our database, 2 of them funded. They include Title21 Health Solutions, nemedio and Quantros.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| title21.com | 2001 | Pleasanton, United States | $656.27M | 14 | Quality management solutions are provided for health sciences organizations. | |
| nemedio.com | 2017 | Brooklyn, United States | $8.5M | Quality management software is provided for healthcare professionals. | ||
| quantros.com | 1999 | Milpitas, United States | 82 | SaaS data management solutions are offered for healthcare quality improvement. |
Detailed competitors of MDdatacor
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as MDdatacor (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about MDdatacor
MDdatacor was founded in 2001 and raised its 1st funding round 1 year after it was founded.
MDdatacor is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
MDdatacor is a funded company, having raised a total of $5.64M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $3M, raised on Nov 2002.
MDdatacor (part of SPH analytics) collects, stores, manages and analyzes patient medical information from multiple data sets. MDdatacors patented web-based system, MDinsight, is used to support quality measurement and improvement and facilitate patient data sharing across providers and care settings. The system analyzes data against evidence-based guidelines. Noridian Mutual Insurance Co acquired MDdatacor in 2011. In 2014;Symphony Technology Group bought MDdatacor from Noridian.
MDdatacor's top competitors include Title21 Health Solutions, nemedio and Quantros.
MDdatacor has 3 investors. Key investors include SPH Analytics, Dianon, and Blue Cross Blue Shield of North Dakota.
Yes. MDdatacor was acquired by SPH Analytics in April 2014.