About MDwise
MDwise is a company based in Indianapolis (United States) founded in 1994 was acquired by McLaren Health Care in November 2017. It operates as a Subscription Services. MDwise offers products and services including Hoosier Healthwise and Healthy Indiana Plan (HIP).
- Headquarter Indianapolis, United States
-
Sectors
Government & Social Sector
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mdwise, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
McLaren Health Care
(Nov 02, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MDwise
MDwise offers a comprehensive portfolio of products and services, including Hoosier Healthwise and Healthy Indiana Plan (HIP). 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.
Health coverage is provided for children and pregnant individuals.
Affordable insurance is offered for uninsured adults aged 19-64.
Unlock access to complete
Funding Insights of MDwise
| 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 MDwise
MDwise has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include McLaren Health Care. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Health care system
|
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 MDwise
| 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 |
Financial Statements - MDwise
| 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 |
Mdwise Comparisons
Competitors of MDwise
| 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 MDwise
When was MDwise founded?
MDwise was founded in 1994.
Where is MDwise located?
MDwise is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
What does MDwise do?
Health coverage is offered by MDwise, a nonprofit based in Indiana, focusing on vulnerable populations. Services are provided exclusively to Indiana families through programs like Hoosier Healthwise and Healthy Indiana Plan, in collaboration with the State of Indiana and Centers for Medicare and Medicaid Services. A large network of doctors, specialists, and hospitals is maintained across the state. Solutions are tailored to support family health, wellness, and medical home selection. The organization is accredited by the National Committee for Quality Assurance (NCQA).
What products or services does MDwise offer?
MDwise offers Hoosier Healthwise and Healthy Indiana Plan (HIP).
Who are MDwise's investors?
MDwise has 1 investor. Key investors include McLaren Health Care.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.