About Myndshft
Myndshft is a company based in Mesa (United States) founded in 2015 was acquired by DrFirst in April 2024.. The company has 79 employees as of December 31, 2022. Myndshft offers products and services including Prior Authorization, Eligibility & Benefits Verification, Coordination of Benefits, Insurance Discovery, and Patient Financial Responsibility. Myndshft operates in a competitive market with competitors including Zelis Healthcare, Availity, RelayHealth, HMS and Transparent Health Marketplace, among others.
- Headquarter Mesa, United States
- Employees 79 as on 31 Dec, 2022
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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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- Legal Name Myndshft Technologies, Inc.
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Products & Services of Myndshft
Myndshft offers a comprehensive portfolio of products and services, including Prior Authorization, Eligibility & Benefits Verification, Coordination of Benefits, Insurance Discovery, and Patient Financial Responsibility. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates medical and pharmacy prior authorizations to reduce manual tasks.
Provides real-time patient benefits and eligibility checks for healthcare.
Identifies other payers and coverage for streamlined claims processing.
Detects active insurance to increase revenue and reduce costs.
Calculates real-time patient costs for transparent healthcare billing.
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Leadership Team
28 people
Software Development Team
23 people
Sales and Marketing
16 people
Product Management Team
12 people
Operations Team
10 people
Data Analysis and Operations Team
8 people
Senior Team
5 people
Human Resources and Administration
3 people
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Funding Insights of Myndshft
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Seed - Myndshft | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Myndshft
Myndshft has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DrFirst and HCAP Partners. 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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Growth capital is provided by HCAP Partners to established businesses.
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E-prescription and secure messaging solutions are offered to healthcare providers.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Myndshft
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Myndshft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Myndshft Comparisons
Competitors of Myndshft
Myndshft 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 Zelis Healthcare, Availity, RelayHealth, HMS and Transparent Health Marketplace, 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 |
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| domain | founded_year | HQ Location |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Cloud-based solutions are provided for healthcare payers and providers.
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Clinical connectivity, health IT, and pharmacy solutions are provided.
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Suite of cost containment solutions is provided to health plans.
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Online marketplace for connecting healthcare payors and providers is operated.
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Healthcare management software is developed for provider coordination.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Myndshft
Frequently Asked Questions about Myndshft
When was Myndshft founded?
Myndshft was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Myndshft located?
Myndshft is headquartered in Mesa, United States. It is registered at Mesa, Arizona, United States.
How many employees does Myndshft have?
As of Dec 31, 2022, the latest employee count at Myndshft is 79.
What does Myndshft do?
Provider of financial benefits and prior authorization management platform. The platform allows patients to know the pay based on health plans and claims coverage on treatment plans. Providers can streamline the intake and order workflow, manage benefits verification ad prior authorizations. Payers can use the providers network with member eligibility data to automate prior authorization at the point of care. The platform integrates with all EMR, HIS, and claims management systems.
Who are the top competitors of Myndshft?
Myndshft's top competitors include Zelis Healthcare, Availity and HMS.
What products or services does Myndshft offer?
Myndshft offers Prior Authorization, Eligibility & Benefits Verification, Coordination of Benefits, Insurance Discovery, and Patient Financial Responsibility.
Who are Myndshft's investors?
Myndshft has 2 investors. Key investors include DrFirst, and HCAP Partners.