MRO

Norristown, United States Founded: 2002 • Age: 24 yrs Acquired By Parthenon Capital
Secure PHI exchange solutions are provided for healthcare organizations.

About MRO

MRO is a Healthcare company based in Norristown (United States) founded in 2002 by Mark Thomas, and was acquired by Parthenon Capital in October 2019. Secure PHI exchange solutions are provided for healthcare organizations. MRO has raised $22.48 million across 1 funding round from investors including Imperial Capital and Parthenon Capital. The company has 1,546 employees. MRO has completed 5 acquisitions, including Clinetic, Cobius Healthcare Solutions and Figmd. Its website mrocorp.com draws about 71 thousand monthly visits. MRO offers products and services including Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector. Its focus areas include HealthTech, Healthcare IT, Horizontal and Collaboration Platforms. Its legal entity is MRO CORPORATION. Its competitors include Metriport, Verato and eBlu Solutions; 3 of its 3 listed competitors have raised funding.

Company details

MRO offers solutions for secure, compliant and efficient exchange of Protected Health Information (PHI) for healthcare organizations. The solutions include a technology-driven suite for PHI disclosure management. Also supports value-based initiatives like interoperability, meaningful use, and health information exchange. Offer solutions for Release of Information, Government and Commercial Payer Audit Management, Accounting of Disclosures, Direct Secure Messaging, Interoperability Services and Document Management. Featured at 3290 on Inc. 5000 list of fastest growing companies in America (2015), 1 for Release of Information Quality and Overall Performance, HIM Services Performance 2015: Coding, Transcription, Release of Information, KLAS, Ranked Most Innovative Disclosure Management Firm USA 2015, Corporate LiveWire, Category Leader for the Release of Information (ROI) services market segment, Best in KLAS: Software Professional Services report, 2013201420152016.

Key Metrics
  • Total Equity Funding
    $22.48M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.48M (USD), Private Equity Round

    Sep 2014

  • Investors
  • Employee Count
    1,546
  • Investments & Acquisitions
    Clinetic

    & 4 more

  • Acquired by

Products & Services of MRO

MRO offers a comprehensive portfolio of products and services, including Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector.

Clinical Data Exchange Platform (CDXP)
Data Exchange Platform

Facilitates seamless exchange and normalization of clinical data.

Audit Manager
Compliance Tool

Monitors and manages institutional audits for healthcare systems.

Exchange Connector
Integration Service

Enables bidirectional clinical data exchange for requesters.

Funding Insights of MRO

MRO has successfully raised a total of $22.48M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $22.48 million completed in September 2014. 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 $22.48M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $22.48M
  • First Round $22.48M

    (Sep 2014)

  • Investors Count 1

All 1 funding rounds of MRO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2014$22.48MPrivate Equity Round–Imperial Capital
–
Valuation history

2 investors in total: 2 institutional.

Investors in MRO

MRO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Imperial Capital and Parthenon Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Imperial Capital is engaged in private equity investments.
1989imperialcap.comToronto, Canada
Multiple sectors are invested in by this private equity fund.
parthenoncapital.comBoston, United States
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Investor details for MRO

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People of MRO

106 people are tracked at MRO (55 in leadership, 51 in team); the tracked headcount is 1,546.

NameRoleGroup
Mark Thomas
Co-Founder & CTOLeadership
Mitch Bragg
Deputy General Counsel, Vice PresidentLeadership
Shawn Powlick
Chief Human Resources OfficerLeadership
Nathan Eastman
CFOLeadership
Diana Warner Ms
Director, Client Relations And Account ManagmentLeadership
Stanley Roosevelt
Vice President Of EngineeringLeadership
Johan Flostrand
Vice President ControllerLeadership
Danielle Wesley
VP And General CounselLeadership
Anthony Murray
Chief Interoperability OfficerLeadership
Yana Ankudinova
Vice President Of Product ManagementLeadership
Ameya Gokhale
Human Resources DirectorLeadership
Allison Kozee
Director Of Account ManagementLeadership
Benjamin Zmigrodski
President, Provider SolutionsLeadership
Mayuresh Kendhe
Head Of FinanceLeadership
Jason Brown
CEO And Member Of Board Of DirectorsLeadership
Valarie Crosby
Associate Director Of OperationsLeadership
Bakary Seckan
Chief of StaffLeadership
Mo Weitnauer
Chief Product OfficerLeadership
Matt Wildman
Chief Commercial OfficerLeadership
Dr. D'Etta Martin
Vice President, Talent & Organizational DevelopmentLeadership

86 more people are available in the full profile.

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Investments & Acquisitions by MRO

MRO has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Clinetic, Cobius Healthcare Solutions and Figmd.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of data analysis and diagnostic tools for clinical trial professionals
clinetic.comRaleigh, United States2017Nov 2025β€’β€’β€’β€’
Outsourced quality reporting measures are provided to acute healthcare facilities.
q-centrix.comPortsmouth, United States2007Jun 2025β€’β€’β€’β€’
Healthcare information management services are provided by Medicopy.
medicopy.netNashville, United States2000Feb 2022β€’β€’β€’β€’
Healthcare quality measurement and improvement solutions are delivered.
figmd.comSchaumburg, United States2010Jun 2021β€’β€’β€’β€’
Business management software is provided for healthcare organizations.
cobius.comNorthbrook, United States2000Mar 2021β€’β€’β€’β€’
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Complete acquisition details for MRO

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Verified entity values are shown only after access is granted.

Timeline of MRO

8 dated milestones of MRO across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded MRO is founded.
  2. Funding First funding round of $22.5M.
  3. Exit Acquired by Parthenon Capital.
  4. Acquisition Acquires Cobius Healthcare Solutions.
  5. Acquisition Acquires Figmd.
  6. Acquisition Acquires Medicopy.
  7. Acquisition Acquires Q-Centrix.
  8. Acquisition Acquires Clinetic.

Competitors of MRO

MRO has 3 listed competitors in our database, 3 of them funded. They include Metriport, Verato and eBlu Solutions.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
metriport.com2022San Francisco, United States$2.4M
Provider of interoperability platform for healthcare providers
verato.com2012Mclean, United States$35M129
Disparate identities are resolved, linked, and privatized via SaaS technology.
eblusolutions.com2012Louisville, United States$15.4M83
Administrative management solutions for healthcare professionals' support programs are provided.
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Detailed competitors of MRO

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Web traffic of MRO

The website of MRO (mrocorp.com) receives about 71.1K visits a month.

  • Monthly visits
    71.1K

    ▼ 14.4% vs previous month

Similar websites

Websites whose visitors overlap most with MRO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mdinteractive.com
100%
#1,438,970View details
datafiletechnologies.com
87%
View details
formfast.com
87%
View details
directproject.org
directproject.org
86%
–
hillcrestsouth.com
hillcrestsouth.com
85%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 25 similar websites and full traffic analytics for MRO

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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 MRO (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Mro

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Frequently Asked Questions about MRO

MRO was founded in 2002 and raised its 1st funding round 12 years after it was founded.

MRO is headquartered in Norristown, United States. It is registered at Norristown, Pennsylvania, United States.

MRO is a funded company, having raised a total of $22.48M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $22.48M, raised on Sep 2014.

MRO has 1,546 employees.

MRO offers solutions for secure, compliant and efficient exchange of Protected Health Information (PHI) for healthcare organizations. The solutions include a technology-driven suite for PHI disclosure management. Also supports value-based initiatives like interoperability, meaningful use, and health information exchange. Offer solutions for Release of Information, Government and Commercial Payer Audit Management, Accounting of Disclosures, Direct Secure Messaging, Interoperability Services and Document Management. Featured at 3290 on Inc. 5000 list of fastest growing companies in America (2015), 1 for Release of Information Quality and Overall Performance, HIM Services Performance 2015: Coding, Transcription, Release of Information, KLAS, Ranked Most Innovative Disclosure Management Firm USA 2015, Corporate LiveWire, Category Leader for the Release of Information (ROI) services market segment, Best in KLAS: Software Professional Services report, 2013201420152016.

MRO's top competitors include Verato, eBlu Solutions and Metriport.

MRO offers Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector.

MRO has made 5 acquisitions, including Clinetic, Cobius Healthcare Solutions, and Figmd.

MRO has 2 investors. Key investors include Imperial Capital, and Parthenon Capital.

MRO operates through Mro Corporation.

Yes. MRO was acquired by Parthenon Capital in October 2019.

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