About Nirvana
Nirvana is a company based in New York (United States) founded in 2019 by Urvish Parikh, Kelvin K Chan, and Akshay Venkitasubramanian. It operates as a SaaS (Software-as-a-Service), API-as-a-Product, and HealthTech. Nirvana has raised $35.9 million across 3 funding rounds from investors including Northzone, Inspired Capital and Eniac Ventures. Nirvana offers products and services including OneVerify, Coverage API, Discover, and Integrations.
- Headquarter New York, United States
- Founders Urvish Parikh, Kelvin K Chan, Akshay Venkitasubramanian
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Sectors
Business Services
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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 Meet Nirvana
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.9 M (USD)
in 3 rounds
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Latest Funding Round
$24.2 M (USD), Series A
Sep 12, 2024
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Investors
Northzone
& 5 more
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Employee Count
Employee Count
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Products & Services of Nirvana
Nirvana offers a comprehensive portfolio of products and services, including OneVerify, Coverage API, Discover, and Integrations. 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.
AI-powered platform for managing healthcare eligibility verification.
API for accurate and typo-proof benefits verification.
Tool to recover insurance plans without member ID.
Seamless interaction provided between EHR and Nirvana systems.
Unlock access to complete
Funding Insights of Nirvana
Nirvana has successfully raised a total of $35.9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $24.2 million completed in September 2024. 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 A — $24.2M
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First Round
First Round
(10 Jun 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Nirvana | Valuation | Northzone | |
| Nov, 2021 | Amount | Seed - Nirvana | Valuation | Inspired Capital | |
| Jun, 2021 | Amount | Seed - Nirvana | Valuation | Eniac Ventures , ARC Ventures |
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| 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 |
Investors in Nirvana
Nirvana has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Northzone, Inspired Capital and Eniac Ventures. 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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Early-stage startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Surface Ventures is involved in venture capital activities.
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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 Nirvana
| 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 - Nirvana
| 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 |
Nirvana Comparisons
Competitors of Nirvana
| 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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Frequently Asked Questions about Nirvana
When was Nirvana founded?
Nirvana was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Nirvana located?
Nirvana is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Nirvana?
Kelvin K Chan is the current CEO of Nirvana. They have also founded this company.
Is Nirvana a funded company?
Nirvana is a funded company, having raised a total of $35.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.2M, raised on Jun 10, 2021.
What does Nirvana do?
Nirvana is engaged in delivering AI-driven eligibility verification technology tailored for healthcare providers. Solutions are developed to support specialties such as mental health, physical therapy, and intensive outpatient care. The platform is designed to streamline patient intake, reduce claim denials, and provide accurate cost estimations. Integration with electronic health records (EHR) is facilitated, ensuring seamless workflows. Services are extended to over 11,000 providers, handling millions of patient visits annually. Administrative burdens are alleviated through automation, allowing healthcare teams to focus on patient care. The technology is continuously refined using supervised learning and diverse data sources for precision.
What products or services does Nirvana offer?
Nirvana offers OneVerify, Coverage API, Discover, and Integrations.
Who are Nirvana's investors?
Nirvana has 6 investors. Key investors include Northzone, Inspired Capital, Eniac Ventures, Surface Ventures, and RTP Seed.