About Medecipher
Medecipher is a Healthcare company based in Denver (United States) founded in 2017 by Stephanie Gravenor, and was acquired by SnapCare in April 2024. IT managed services are provided for healthcare staffing optimization. Medecipher has raised $20 thousand across 2 funding rounds from investors including SnapCare, America’s Seed Fund and Boomtown Accelerators. The company has 18 employees. Its chief executive, as recorded, is Stephanie Gravenor. Medecipher offers products and services including FLO Software and FLO Assessment. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is MEDECIPHER, INC. Its competitors include IntelyCare, NurseGrid and In-House Health; 3 of its 3 listed competitors have raised funding.
Company details
Medecipher was founded in 2017 in Denver, United States. Operations center on IT managed services within the healthcare sector. A flagship staffing solution is offered to lower hiring costs, mitigate professional burnout, and enhance patient care. Real-time suggestions are generated to align staffing with demand accurately. Services support efficient resource allocation for healthcare providers.
- Headquarters Denver, United States
- Employees 18
- Founders Stephanie Gravenor
- Stage Acquired
- SectorsHealthcare
- Website medeciphersolutions.com
- Social LinkedIn X
- Acquired by SnapCare (Apr 2024)
- Legal Name Medecipher, Inc.
Products & Services of Medecipher
Medecipher offers a comprehensive portfolio of products and services, including FLO Software and FLO Assessment.
Web-based tool for predicting and optimizing nurse shifts in hospitals
Software for evaluating staffing models and compliance in healthcare
Funding Insights of Medecipher
Medecipher has successfully raised a total of $20K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $1 million completed in September 2021. 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 $20,000
- Total Rounds 2
- Last Round Grant — $1M
- First Round $20,000
(Nov 2018)
- Investors Count 2
All 2 funding rounds of Medecipher 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 |
|---|---|---|---|---|---|
| Sep 2021 | $1M | Grant | – | – | |
| Nov 2018 | $20,000 | Seed | – | Boomtown Accelerators | – |
3 investors in total: 3 institutional.
Investors in Medecipher
Medecipher has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SnapCare, America’s Seed Fund and Boomtown Accelerators.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
Business accelerator focused on multiple sectors | boomtownaccelerators.com | Boulder, United States | ||
AI-enabled healthcare staffing marketplace offering transparent pricing and temporary positions for clinicians | 2017 | snapcare.com | Atlanta, United States |
Investor details for Medecipher
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People of Medecipher
3 people are tracked at Medecipher (3 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Stephanie Gravenor | Co-Founder & CEO | Leadership |
Vishal Arya | VP Operations Research, Analytics | Leadership |
Dr. Kristin Christophersen, FACHE | Chief Nurse Executive | Leadership |
Complete people profiles for Medecipher
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Timeline of Medecipher
4 dated milestones of Medecipher across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Medecipher is founded.
- Funding First funding round of $20K.
- Funding Latest funding round, Grant, of $1.0M.
- Exit Acquired by SnapCare.
Competitors of Medecipher
Medecipher has 3 listed competitors in our database, 3 of them funded. They include IntelyCare, NurseGrid and In-House Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intelycare.com | 2016 | Quincy, United States | $173.8M | Online contract workforce recruitment platform for nurses | ||
| nursegrid.com | 2013 | Portland, United States | $9.36M | 29 | Cloud-based platform for healthcare staff scheduling and communication is provided. | |
| inhouse.health | 2023 | New York, United States | $4M | Predictive scheduling platform for nursing teams is provided. |
Detailed competitors of Medecipher
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Medecipher (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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Related news about Medecipher
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Frequently Asked Questions about Medecipher
Medecipher was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Medecipher is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Stephanie Gravenor is the CEO of Medecipher, as recorded in our data. They have also founded this company.
Medecipher is a funded company, having raised a total of $20K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Nov 2018.
Medecipher has 18 employees.
Medecipher was founded in 2017 in Denver, United States. Operations center on IT managed services within the healthcare sector. A flagship staffing solution is offered to lower hiring costs, mitigate professional burnout, and enhance patient care. Real-time suggestions are generated to align staffing with demand accurately. Services support efficient resource allocation for healthcare providers.
Medecipher's top competitors include NurseGrid, IntelyCare and In-House Health.
Medecipher offers FLO Software and FLO Assessment.
Medecipher has 3 investors. Key investors include SnapCare, America’s Seed Fund, and Boomtown Accelerators.
Medecipher operates through Medecipher, Inc..
Yes. Medecipher was acquired by SnapCare in April 2024.