About myNEXUS
myNEXUS is a company based in Brentwood (United States) founded in 2014 was acquired by Anthem in March 2021.. myNEXUS has raised $31.72 million across 3 funding rounds from investors including Elevance Health and WindRose Health Investors. The company has 222 employees as of December 31, 2022. myNEXUS offers products and services including Core Suite, Musculoskeletal Suite, Oncology Suite, and Post-Acute Suite. myNEXUS operates in a competitive market with competitors including Navihealth, Careport, Contessa Health, CareCentrix and Laguna, among others.
- Headquarter Brentwood, United States
- Employees 222 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mynexus, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.72 M (USD)
in 3 rounds
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Latest Funding Round
$16.63 M (USD), Series B
Sep 21, 2020
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Investors
Elevance Health
& 1 more
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Employee Count
222
as on Dec 31, 2022
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Acquired by
Anthem
(Mar 24, 2021)
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Products & Services of myNEXUS
myNEXUS offers a comprehensive portfolio of products and services, including Core Suite, Musculoskeletal Suite, Oncology Suite, and Post-Acute Suite. 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.
Ensures high-quality diagnostic care for members through radiology and cardiovascular solutions.
Supports recovery from injuries with musculoskeletal and rehabilitation solutions.
Delivers evidence-based oncology treatments via medical and radiation options.
Improves post-hospitalization care with home-based and facility solutions.
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Funding Insights of myNEXUS
myNEXUS has successfully raised a total of $31.72M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $16.63 million completed in September 2020. 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 3
- Last Round Series B — $16.6M
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First Round
First Round
(30 Oct 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - myNEXUS | Valuation |
investors |
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| Feb, 2017 | Amount | Series A - myNEXUS | Valuation |
investors |
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| Oct, 2014 | Amount | Series A - myNEXUS | Valuation | WindRose Health Investors |
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| 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 myNEXUS
myNEXUS has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Elevance Health and WindRose Health Investors. 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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US healthcare investments are managed by private equity firm.
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Founded Year | Domain | Location | |
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Health benefits management software is provided for patients and enterprises.
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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 myNEXUS
| 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 - myNEXUS
| 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 |
Mynexus Comparisons
Competitors of myNEXUS
myNEXUS 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 Navihealth, Careport, Contessa Health, CareCentrix and Laguna, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technology , clinical services and advisory solutions for post-acute care
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| domain | founded_year | HQ Location |
Cloud-based post-acute care coordination platform is provided for hospitals.
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| domain | founded_year | HQ Location |
Home-based recovery programs are coordinated for post-surgical and chronic patients.
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| domain | founded_year | HQ Location |
Provider of home health care services
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| domain | founded_year | HQ Location |
AI-based patient care management solutions are provided for hospitals.
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| domain | founded_year | HQ Location |
Software is provided for post-acute patient care management.
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| 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 Mynexus
Frequently Asked Questions about myNEXUS
When was myNEXUS founded?
myNEXUS was founded in 2014.
Where is myNEXUS located?
myNEXUS is headquartered in Brentwood, United States.
Is myNEXUS a funded company?
myNEXUS is a funded company, having raised a total of $31.72M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.6M, raised on Oct 30, 2014.
How many employees does myNEXUS have?
As of Dec 31, 2022, the latest employee count at myNEXUS is 222.
What does myNEXUS do?
Founded in 2014 and headquartered in Brentwood, United States, myNEXUS operates in the healthcare sector. Connected care management services are offered to oversee individual patient health. A remote digital health system is utilized to monitor patient status on a daily basis, detect potential issues, and alert healthcare teams and clinical experts. Direct connections with patients are facilitated to adjust care plans as needed.
Who are the top competitors of myNEXUS?
myNEXUS's top competitors include Contessa Health, Watershed Health and Laguna.
What products or services does myNEXUS offer?
myNEXUS offers Core Suite, Musculoskeletal Suite, Oncology Suite, and Post-Acute Suite.
Who are myNEXUS's investors?
myNEXUS has 2 investors. Key investors include Elevance Health, and WindRose Health Investors.
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