About MMIT Network
MMIT Network is a Healthcare company based in Yardley (United States) founded in 1994 by Amir Goldman, and was acquired by Susquehanna Growth Equity in April 2011. It offers formulary data analytics for market research, medication decision formulary management. It operates in the Healthcare and Technology sectors. MMIT Network has raised $27.36 million across 2 funding rounds from investors including HgT and Susquehanna Growth Equity. The company has 413 employees. MMIT Network has completed 2 acquisitions, including Dedham Group and Panalgo. Its website mmitnetwork.com draws about 36 thousand monthly visits. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is MANAGED MARKETS INSIGHT & TECHNOLOGY LLC. Its competitors include Affirmhealth, First Databank and Context Matters; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Yardley, United States
- Employees 413
- Founders Amir Goldman
- Stage Acquired
- SectorsHealthcareTechnology
- Website category Health · Pharmacy
- Email••••••••
- Phone•••• ••••
- Website mmitnetwork.com
- Social LinkedIn X
- Acquired by Susquehanna Growth Equity (Apr 2011)
- Legal Name Managed Markets Insight & Technology Llc
- Total Equity Funding$27.36M (USD)
in 2 rounds
- Latest Funding Round$27.36M (USD), Series B
Aug 2021
- InvestorsHgT
& 1 more
- Employee Count413
- Investments & AcquisitionsDedham Group
& 1 more
- Acquired bySusquehanna Growth Equity
(Apr 2011)
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.
- Total Funding $27.36M
- Total Rounds 2
- Last Round Series B — $27.36M
- Investors Count 2
All 2 funding rounds of MMIT Network 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 |
|---|---|---|---|---|---|
| Aug 2021 | $27.36M | Series B | – | HgCapital Trust | – |
| Jun 2011 | Series A | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on European software firms. | 1980 | hgcapitaltrust.com | London, United Kingdom | |
Private equity firm | sgep.com | Bala Cynwyd, United States |
Investor details for MMIT Network
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People of MMIT Network
152 people are tracked at MMIT Network (56 in leadership, 96 in team); the tracked headcount is 413.
| Name | Role | Group |
|---|---|---|
Amir Goldman | Founder & Managing Director | Leadership |
Amy Wilson | Director, Client Success | Leadership |
Diane Watson | CEO | Leadership |
Jayne Hornung | Chief Clinical Officer | Leadership |
Joel Keefe | Chief Revenue Officer | Leadership |
Bob Kocher | Vice President, Client Partnership | Leadership |
Erin Lortie | Client Success Director | Leadership |
Bret Piano | Chief Product Officer | Leadership |
Lawrence Masse | Vice President, Strategic Accounts | Leadership |
Barathwaj Ramamoorthy | Senior Director Of Data And Architecture (data Platforms) | Leadership |
Louis Lombardi | Senior Director Of Product Management | Leadership |
Melody Udell | Vp, Head Of Marketing | Leadership |
Bob Lombardi | Vp, Market Access | Leadership |
Bryan O. Nieves | VP Of Strategic Accounts | Leadership |
Tracy Anchak | Vp, Strategic Accounts | Leadership |
Matthew Seltzer | Area Vice President, Strategic Accounts | Leadership |
Christopher Olivar | Director Of Software Engineering | Leadership |
Kevin Fitzpatrick | Director, Commercial Systems | Leadership |
Sharon Moses | Vice President, Strategic Accounts | Leadership |
Timothy Gallagher | VP Strategic Accounts | Leadership |
132 more people are available in the full profile.
Complete people profiles for MMIT Network
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of healthcare analytics software for clinics | panalgo.com | Boston, United States | 1996 | Sep 2021 | •••• | |
Market access strategic consulting is provided for the biopharma sector. | dedhamgroup.com | New York, United States | 2010 | Apr 2021 | •••• |
Complete acquisition details for MMIT Network
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- Complete history
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Timeline of MMIT Network
6 dated milestones of MMIT Network across 27 years, from founding to its latest funding, stage changes and deals.
- Founded MMIT Network is founded.
- Exit Acquired by Susquehanna Growth Equity.
- Funding First funding round.
- Acquisition Acquires Dedham Group.
- Funding Latest funding round, Series B, of $27.4M.
- Acquisition Acquires Panalgo.
Competitors of MMIT Network
MMIT Network has 3 listed competitors in our database, 2 of them funded. They include Affirmhealth, First Databank and Context Matters.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| affirmhealth.com | 2016 | Nashville, United States | $319,394 | 10 | Software solutions for compliance with drug monitoring programs are offered. | |
| fdbhealth.com | 1982 | Lincolnton, United States | Provides drug databases and tools for medication management in healthcare. | |||
| contextmatters.com | 2010 | New York, United States | $4.6M | 20 | Health economics data is accessed via specialized software. |
Detailed competitors of MMIT Network
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- Full competitor set
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Web traffic of MMIT Network
The website of MMIT Network (mmitnetwork.com) receives about 36.1K visits a month and ranks #1,643,423 among all websites worldwide, #2,474 in Pharmacy.
- Monthly visits36.1K
▲ 124.3% vs previous month
- Unique visitors7.4K
per month
- Global rank#1,643,423
among all websites
- Category rank#2,474
Health · Pharmacy
- Bounce rate55%
- Pages per visit1.6
- Average visit25 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with MMIT Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
formularylookup.com | formularylookup.com | 100% | – | ||
| everyone.org | 83% | 154.9K | #284,482 | View details | |
| drugchannels.net | 83% | 38.4K | #905,798 | View details | |
rxcomms.com | rxcomms.com | 66% | #1,764,563 | – | |
biopharmaapac.com | biopharmaapac.com | 59% | #1,238,927 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for MMIT Network
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 MMIT Network (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 Mmit Network
Complete news archive for MMIT Network
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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.
MMIT Network has 413 employees.
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 Context Matters, Affirmhealth and First Databank.
MMIT Network has made 2 acquisitions, including Dedham Group, and Panalgo.
MMIT Network has 2 investors. Key investors include HgT, and Susquehanna Growth Equity.
MMIT Network operates through Managed Markets Insight & Technology Llc.
Yes. MMIT Network was acquired by Susquehanna Growth Equity in April 2011.