About MedVentive
MedVentive is a company based in Waltham (United States) founded in 1997 was acquired by McKesson in September 2012.. 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 as of December 31, 2022. MedVentive operates in a competitive market with competitors including Clarify, Predilytics, Geneia, Wellbe and Carefy, among others.
- Headquarter Waltham, United States
- Employees 100 as on 31 Dec, 2022
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Medventive Inc
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
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 Total Funding
- Total Rounds 7
- Last Round Series D — $12.0M
-
First Round
First Round
(01 Dec 2006)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2011 | Amount | Series D - MedVentive | Valuation |
investors |
|
| Aug, 2011 | Amount | Series C - MedVentive | Valuation |
investors |
|
| May, 2011 | Amount | Series C - MedVentive | Valuation |
investors |
|
| 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 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. 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 |
|---|---|---|---|---|
|
Core Capital Partners is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Early to late stage VC firm investing in the US
|
Founded Year | Domain | Location | |
|
VC firm investing in expansion stage tech and life sciences companies in the US
|
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 MedVentive
| 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 - MedVentive
| 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 |
Medventive Comparisons
Competitors of MedVentive
MedVentive 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 Clarify, Predilytics, Geneia, Wellbe and Carefy, 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 |
Marketing and business consulting services are provided by Clarify.
|
|
| domain | founded_year | HQ Location |
Analytical solutions and technology services are provided for healthcare providers.
|
|
| domain | founded_year | HQ Location |
SaaS-based analytics platform for population health management is offered.
|
|
| domain | founded_year | HQ Location |
Data intelligence is provided for population health management by Wellbe.
|
|
| domain | founded_year | HQ Location |
Platform for health and financial management solutions is provided.
|
| 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 MedVentive
When was MedVentive founded?
MedVentive was founded in 1997 and raised its 1st funding round 9 years after it was founded.
Where is MedVentive located?
MedVentive is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is MedVentive a funded company?
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 C of $1.5M, raised on Dec 01, 2006.
How many employees does MedVentive have?
As of Dec 31, 2022, the latest employee count at MedVentive is 100.
What does MedVentive do?
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.
Who are the top competitors of MedVentive?
MedVentive's top competitors include Predilytics, Wellbe and Carefy.
Who are MedVentive's investors?
MedVentive has 8 investors. Key investors include McKesson, Indiana University Health, National Healthcare Services, Core Capital Partners, and Excel Venture Management.