About MedVentive
MedVentive is a Healthcare company based in Waltham (United States) founded in 1997, and was acquired by McKesson in September 2012. SaaS tools for healthcare population and risk management are offered. MedVentive has raised $36.3 million across 7 funding rounds from investors including McKesson, Indiana University Health and National Healthcare Services. The company has 100 employees. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Population Health Management. Its legal entity is MedVentive Inc. Its competitors include Predilytics, Geneia and PluralSoft; 1 of its 3 listed competitors has raised funding.
Company details
MedVentive was founded in 1997 in Waltham, United States, and focuses on the healthcare technology sector. SaaS solutions are provided to physician groups, health plans, and self-insured employers for managing patient care quality, cost, and efficiency. Key offerings include Population Manager for clinical integration and population oversight, and Risk Manager for analyzing cost and quality issues. The company, formerly known as Provider Service Network, was acquired by McKesson Corporation.
- Headquarters Waltham, United States
- Employees 100
- Stage Acquired
- SectorsHealthcare
- Website medventive.com
- Social LinkedIn X
- Acquired by McKesson (Sep 2012)
- Legal Name Medventive Inc
Funding Insights of MedVentive
MedVentive has successfully raised a total of $36.3M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $12 million completed in October 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 $36.3M
- Total Rounds 7
- Last Round Series D — $12M
- First Round $4.75M
(Dec 2006)
- Investors Count 7
All 7 funding rounds of MedVentive 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 |
|---|---|---|---|---|---|
| Oct 2011 | $12M | Series D | – | – | |
| Aug 2011 | $900,000 | Series C | – | – | – |
| May 2011 | $1.5M | Series C | – | – | – |
| Feb 2010 | $10M | Series C | – | Excel Venture Management | |
| May 2009 | $3.6M | Series B | – | – | – |
| Jul 2008 | $3.55M | Series B | – | – | |
| Dec 2006 | $4.75M | Series A | – | – |
8 investors in total: 8 institutional.
Investors in MedVentive
MedVentive has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include McKesson, Indiana University Health and National Healthcare Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Core Capital Partners is engaged in venture capital investments. | core-capital.com | Washington, Dc, United States | ||
Early to late stage VC firm investing in the US | excelvm.com | Boston, United States | ||
VC firm investing in expansion stage tech and life sciences companies in the US | hlmvp.com | Waltham, United States | ||
Strategic investments in healthcare technologies and data innovations. | ascensionventures.org | |||
Early stage venture capital firm investing in the US | lrvhealth.com | Boston, United States | ||
Delivers comprehensive managed housekeeping services for healthcare facilities. | 2002 | nationalhs.com | Richmond, United States | |
Healthcare services are delivered through hospitals in Indiana. | 1997 | iuhealth.org | Indianapolis, United States | |
Products and services are provided in the healthcare industry. | 1833 | mckesson.com | Irving, United States |
Investor details for MedVentive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of MedVentive
4 dated milestones of MedVentive across 15 years, from founding to its latest funding, stage changes and deals.
- Founded MedVentive is founded.
- Funding First funding round of $4.8M.
- Funding Latest funding round, Series D, of $12.0M.
- Exit Acquired by McKesson.
Competitors of MedVentive
MedVentive has 3 listed competitors in our database, 1 of them funded. They include Predilytics, Geneia and PluralSoft.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| predilytics.com | 2011 | Denver, United States | $20.57M | 38 | Analytical solutions and technology services are provided for healthcare providers. | |
| geneia.com | 2006 | Harrisburg, United States | SaaS-based analytics platform for population health management is offered. | |||
| pluralsoft.com | 2004 | Denver, United States | A business intelligence platform is provided for healthcare organizations. |
Detailed competitors of MedVentive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- 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 MedVentive (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 MedVentive
MedVentive was founded in 1997 and raised its 1st funding round 9 years after it was founded.
MedVentive is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
MedVentive is a funded company, having raised a total of $36.3M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.75M, raised on Dec 2006.
MedVentive has 100 employees.
MedVentive was founded in 1997 in Waltham, United States, and focuses on the healthcare technology sector. SaaS solutions are provided to physician groups, health plans, and self-insured employers for managing patient care quality, cost, and efficiency. Key offerings include Population Manager for clinical integration and population oversight, and Risk Manager for analyzing cost and quality issues. The company, formerly known as Provider Service Network, was acquired by McKesson Corporation.
MedVentive's top competitors include Predilytics, PluralSoft and Geneia.
MedVentive has 8 investors. Key investors include McKesson, Indiana University Health, National Healthcare Services, Core Capital Partners, and Excel Venture Management.
MedVentive operates through Medventive Inc.
Yes. MedVentive was acquired by McKesson in September 2012.