About OpenMed
OpenMed is a company based in Woburn (United States) founded in 2002 was acquired by Carenet Healthcare Services in January 2022.. The company has 1,300 employees as of December 31, 2022. OpenMed operates in a competitive market with competitors including Zocdoc, Ochsner, Hydreight, Temple Health and Voro, among others.
- Headquarter Woburn, United States
- Employees 1300 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
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- Legal Name Infomedia Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1300
as on Dec 31, 2022
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Acquired by
Carenet Healthcare Services
(Jan 04, 2022)
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Leadership Team
7 people
Sales and Marketing
1 people
Human Resources and Administration
1 people
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Funding Insights of OpenMed
| 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 OpenMed
OpenMed has secured backing from 1 investor. Prominent investors backing the company include Carenet Healthcare Services. 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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Offers healthcare support services for payers, providers, and employers to enhance engagement.
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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 OpenMed
| 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 - OpenMed
| 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 |
Openmed Comparisons
Competitors of OpenMed
OpenMed 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 Zocdoc, Ochsner, Hydreight, Temple Health and Voro, 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 |
Healthcare appointments are booked online via Zocdoc's platform.
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| domain | founded_year | HQ Location |
Healthcare services, research, education, and community support are provided.
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| domain | founded_year | HQ Location |
Online doctor appointments are booked via Hydreight's mobile platform.
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| domain | founded_year | HQ Location |
Doctors' appointments are booked via an online platform.
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| domain | founded_year | HQ Location |
Online platform for booking dermatologist consultations by location.
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| domain | founded_year | HQ Location |
Online platform to book doctors and compare medical service prices
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Openmed
Frequently Asked Questions about OpenMed
When was OpenMed founded?
OpenMed was founded in 2002.
Where is OpenMed located?
OpenMed is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
How many employees does OpenMed have?
As of Dec 31, 2022, the latest employee count at OpenMed is 1,300.
What does OpenMed do?
OpenMed was founded in 2002 in Woburn, United States, operating in the healthcare technology sector. An online platform is provided for consumers to search and book appointments with providers through mobile and web applications. Secure messaging with physicians is facilitated, along with a personal assistant called Appointment Genie to aid in scheduling. Requests can be made to up to 10 providers at once, allowing selection of suitable times.
Who are the top competitors of OpenMed?
Who are OpenMed's investors?
OpenMed has 1 investor. Key investors include Carenet Healthcare Services.