MMIT Network

Yardley, United States Founded: 1994 • Age: 32 yrs Acquired By Susquehanna Growth Equity
Offers formulary data analytics for market research, medication decision formulary management
Annual revenue - Latest available
Total funding $27.4M 2 rounds
Employees 413 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About MMIT Network

MMIT Network is a company based in Yardley (United States) founded in 1994 by Amir Goldman was acquired by Susquehanna Growth Equity in April 2011. MMIT Network has raised $27.36 million across 2 funding rounds from investors including HgT and Susquehanna Growth Equity. The company has 413 employees as of December 31, 2022. MMIT Network has completed 2 acquisitions, including Dedham Group and Panalgo. MMIT Network operates in a competitive market with competitors including Posos, Yuimedi, Memed, Diagnosia and Affirmhealth, among others.

  • Headquarter Yardley, United States
  • Employees 413 as on 31 Dec, 2022
  • Founders Amir Goldman
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Managed Markets Insight & Technology Llc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27.36 M (USD)

    in 2 rounds

  • Latest Funding Round
    $27.36 M (USD), Series B

    Aug 20, 2021

  • Investors
    HgT

    & 1 more

  • Employee Count
    413

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
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People of MMIT Network

Headcount 50-200
Employee Profiles 151
Employee Profiles
People
Amy Wilson
Director, Client Success
People
Diane Watson
CEO
People
Carina Belles
Data Reporter
People
Kristin McCorkle
Senior Product Manager

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Funding Insights of MMIT Network

MMIT Network has successfully raised a total of $27.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27.36 million completed in August 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.

Investors in MMIT Network

MMIT Network has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include HgT and Susquehanna Growth Equity.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are focused on European software firms.
Locked Locked Locked
Private equity firm
Locked Locked Locked
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Investor details for MMIT Network

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by MMIT Network

MMIT Network has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dedham Group and Panalgo.

Investments
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Investment portfolio details for MMIT Network

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Market access strategic consulting is provided for the biopharma sector.
Locked Locked 2010 Locked
Provider of healthcare analytics software for clinics
Locked Locked 1996 Locked
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Complete acquisition details for MMIT Network

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  • Acquired stakes
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Financial Statements - MMIT Network

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Detailed financials for MMIT Network

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  • Profit trends
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Mmit Network Comparisons

MMIT Network Primary company
Description
Offers formulary data & analytics for market research, medic...
Location
Yardley, United States
Founded Year
1994
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
413
As of 2022
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Peer comparison for MMIT Network

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Competitors of MMIT Network

MMIT Network 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 Posos, Yuimedi, Memed, Diagnosia and Affirmhealth, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based drug information and patient profiling tool for healthcare professionals
Locked Locked Locked
Provider of medical data analysis platform to improve the healthcare system
Locked Locked Locked
Application with curated drug information used by physicians
Locked Locked Locked
Drug decision support engine is provided for healthcare professionals.
Locked Locked Locked
Software solutions for compliance with drug monitoring programs are offered.
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Detailed competitors of MMIT Network

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Latest news on Mmit Network

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Complete news archive for MMIT Network

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MMIT Network

MMIT Network was founded in 1994 and raised its 1st funding round 17 years after it was founded.

MMIT Network is headquartered in Yardley, United States. It is registered at Yardley, Pennsylvania, United States.

MMIT Network is a funded company, having raised a total of $27.36M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at MMIT Network is 413.

MMIT (Managed Markets Insight Technology) is the provider of formulary guidance and transparency information from PT to point of care. It connects the network of payers, pharma provider through pharmacy medical policy information. It helps providers to understand how every health plan and PBM covers all FDA approved medications in geography and provides them with all the data points needed to guide prescribing decisions for patients. It helps pharma companies to assess market access status across a comprehensive formulary set including payers and multiple geographies. It helps payers eliminate errors and reduce the operational overhead that can exist with traditional manual formulary management processes.

MMIT Network's top competitors include Posos, Memed and Context Matters.

MMIT Network has made 2 acquisitions, including Dedham Group, and Panalgo.

MMIT Network has 2 investors. Key investors include HgT, and Susquehanna Growth Equity.

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