About Memorial Hermann
Memorial Hermann is a company based in United States founded in 1907.. Memorial Hermann has raised $742.5 thousand across 26 funding rounds from investors including HHS, U.S. Department of Education and Health Resources and Services Administration.
- Headquarter United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$742.5 K (USD)
in 26 rounds
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Latest Funding Round
$66.44 K (USD), Grant
Jun 01, 2019
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Investors
HHS
& 2 more
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Employee Count
Employee Count
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Software Development Team
77 people
Leadership Team
50 people
Sales and Marketing
23 people
Registered Team
19 people
Human Resources and Administration
18 people
Operations Team
9 people
Manager Team
8 people
Product Management Team
5 people
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Funding Insights of Memorial Hermann
Memorial Hermann has successfully raised a total of $742.5K across 26 strategic funding rounds. The most recent funding activity was a Grant round of $66.44 thousand completed in June 2019. 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 26
- Last Round Grant — $66,436
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First Round
First Round
(15 Aug 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - Memorial Hermann | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Memorial Hermann | Valuation |
investors |
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| Aug, 2014 | Amount | Grant - Memorial Hermann | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Memorial Hermann
Memorial Hermann has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HHS, U.S. Department of Education and Health Resources and Services Administration. 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 |
|---|---|---|---|---|
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Education promotion is managed by the federal agency ED.
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Founded Year | Domain | Location | |
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Health services and resources are provided by HRSA nationwide.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Memorial Hermann
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Memorial Hermann
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Memorial Hermann Comparisons
Competitors of Memorial Hermann
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Memorial Hermann
Frequently Asked Questions about Memorial Hermann
When was Memorial Hermann founded?
Memorial Hermann was founded in 1907 and raised its 1st funding round 99 years after it was founded.
Where is Memorial Hermann located?
Memorial Hermann is headquartered in United States.
Who is the current CEO of Memorial Hermann?
Chuck Stokes is the current CEO of Memorial Hermann.
Is Memorial Hermann a funded company?
Memorial Hermann is a funded company, having raised a total of $742.5K across 26 funding rounds to date. The company's 1st funding round was a Grant of $317.35K, raised on Aug 15, 2006.
What does Memorial Hermann do?
Founded in 1907, Memorial Hermann operates as a health system in the United States, focusing on hospital and medical care delivery. Comprehensive services, including acute care, wellness programs, and specialty treatments, are provided through a network of facilities in Texas. Leadership is headed by CEO and President Chuck Stokes, with emphasis placed on integrated healthcare operations serving urban and regional populations.
Who are Memorial Hermann's investors?
Memorial Hermann has 3 investors. Key investors include HHS, U.S. Department of Education, and Health Resources and Services Administration.
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