About Nomi Health
Nomi Health is a company based in Orem (United States) founded in 2018 by Boe Hartman and Mark Newman.. Nomi Health has raised $110 million across 2 funding rounds from investors including Arbor Ventures, Rose Park Advisors and Inspirit Equity. The company has 411 employees as of December 31, 2021. Nomi Health has completed 4 acquisitions, including Artemis Health, Everyone Health and I Am Wellness. Nomi Health offers products and services including Artemis, Pharmacy Management, Direct Network, Financial Services, and Integrated Programs. Nomi Health operates in a competitive market with competitors including NRC Health, Alegeus, MedXoom, Ribbon Health and MedRisk, among others.
- Headquarter Orem, United States
- Employees 411 as on 31 Dec, 2021
- Founders Boe Hartman, Mark Newman
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$110 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Arbor Ventures
& 2 more
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Employee Count
411
as on Dec 31, 2021
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Investments & Acquisitions
Artemis Health
& 3 more
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Products & Services of Nomi Health
Nomi Health offers a comprehensive portfolio of products and services, including Artemis, Pharmacy Management, Direct Network, Financial Services, and Integrated Programs. 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.
Analyzes healthcare data for actionable insights and cost savings.
Delivers nationwide pharmacy benefits to reduce costs and hassles.
Connects providers and employers for accessible health benefits.
Streamlines healthcare billing and payments for efficiency.
Addresses care gaps through comprehensive patient-centric solutions.
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Funding Insights of Nomi Health
Nomi Health has successfully raised a total of $110M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(08 Dec 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - Nomi Health | Valuation |
investors |
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| Dec, 2021 | Amount | Series A - Nomi Health | Valuation | Arbor Ventures , Rose Park Advisors |
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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 Nomi Health
Nomi Health has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Arbor Ventures, Rose Park Advisors and Inspirit Equity. 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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Investments in financial services are made by Arbor Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are guided by disruptive innovation theories.
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Founded Year | Domain | Location | |
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Inspirit Equity is engaged in private equity investments globally.
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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 Nomi Health
Nomi Health has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Artemis Health, Everyone Health and I Am Wellness. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Affordable healthcare treatment services are provided to patients.
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2019 | ||||
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Medical billing services are provided to healthcare providers nationwide.
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2015 | ||||
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A SaaS platform for employee benefits management is provided.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nomi Health
| 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 |
Nomi Health Comparisons
Competitors of Nomi Health
Nomi Health 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 NRC Health, Alegeus, MedXoom, Ribbon Health and MedRisk, 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 |
Provider of solutions that facilitate measurement and improvement of the patient and employee experience
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| domain | founded_year | HQ Location |
Healthcare benefits are administered via tax-advantaged account platforms.
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| domain | founded_year | HQ Location |
Cloud-based health benefits management platform for employers, patients, and providers
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| domain | founded_year | HQ Location |
Predictive analytics platform is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging
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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 Nomi Health
Frequently Asked Questions about Nomi Health
When was Nomi Health founded?
Nomi Health was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Nomi Health located?
Nomi Health is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
Who is the current CEO of Nomi Health?
Mark Newman is the current CEO of Nomi Health. They have also founded this company.
Is Nomi Health a funded company?
Nomi Health is a funded company, having raised a total of $110M across 2 funding rounds to date. The company's 1st funding round was a Series A of $110M, raised on Dec 08, 2021.
How many employees does Nomi Health have?
As of Dec 31, 2021, the latest employee count at Nomi Health is 411.
What does Nomi Health do?
Nomi Health was founded in 2018 in Orem, United States, focusing on the health care sector. Diversified systems and services are delivered to support various health care needs. Operations are centered in the United States, with co-founders Mark Newman as CEO and Boe Hartman as CTO leading the efforts. Core activities encompass system integration and service provision for health care providers and patients.
Who are the top competitors of Nomi Health?
Nomi Health's top competitors include MedXoom, Ribbon Health and Alegeus.
What products or services does Nomi Health offer?
Nomi Health offers Artemis, Pharmacy Management, Direct Network, Financial Services, and Integrated Programs.
How many acquisitions has Nomi Health made?
Nomi Health has made 4 acquisitions, including Artemis Health, Everyone Health, and I Am Wellness.
Who are Nomi Health's investors?
Nomi Health has 3 investors. Key investors include Arbor Ventures, Rose Park Advisors, and Inspirit Equity.