OrthoBanc

Chattanooga, United States Founded: 2001 • Age: 25 yrs Acquired By OrthoFi
Payment management and credit risk management platform
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About OrthoBanc

OrthoBanc is a company based in Chattanooga (United States) founded in 2001 by Bill Holt was acquired by OrthoFi in December 2020.. The company has 1 employees as of December 31, 2020. OrthoBanc offers products and services including Risk Assessment Tool, Fee Presentation Tool, Payment Management Service, and Point-of-Care Payment Acceptance. OrthoBanc operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, Moody's Analytics and Middesk, among others.

  • Headquarter Chattanooga, United States
  • Employees 1 as on 31 Dec, 2020
  • Founders Bill Holt
  • Sectors
    Healthcare
    Technology Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Orthobanc, Llc
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Dec 31, 2020

  • Acquired by
    OrthoFi

    (Dec 01, 2020)

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Products & Services of OrthoBanc

OrthoBanc offers a comprehensive portfolio of products and services, including Risk Assessment Tool, Fee Presentation Tool, Payment Management Service, and Point-of-Care Payment Acceptance. 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.

Primary

Assesses financial risk for orthodontic patients

Presents treatment fees to patients for informed decisions

Manages complete payment processes for practices and patients

Enables secure payments at the point of care

Funding Insights of OrthoBanc

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in OrthoBanc

OrthoBanc has secured backing from 1 investor. Prominent investors backing the company include OrthoFi. 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.

All
Investor Description Founded Year Domain Location
SaaS platform is delivered for orthodontic payment flexibility and operations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by OrthoBanc

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - OrthoBanc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Orthobanc Comparisons

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Competitors of OrthoBanc

OrthoBanc 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 Greenphire, Zelis Healthcare, Cedar, Moody's Analytics and Middesk, 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
Clinical payment technology for patient transactions in research is provided.
domain founded_year HQ Location
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
domain founded_year HQ Location
Cloud-based payment solutions are provided for healthcare billing and analytics.
domain founded_year HQ Location
Risk management software is supplied for insurance and various sectors.
domain founded_year HQ Location
Risk management solutions for financial institutions are offered.
domain founded_year HQ Location
Cloud-based document and risk management software is offered for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Orthobanc

OrthoFi has acquired OrthoBanc
Lincolninternational5 years ago

Frequently Asked Questions about OrthoBanc

When was OrthoBanc founded?

OrthoBanc was founded in 2001.

Where is OrthoBanc located?

OrthoBanc is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.

How many employees does OrthoBanc have?

As of Dec 31, 2020, the latest employee count at OrthoBanc is 1.

What does OrthoBanc do?

OrthoBanc was founded in 2001 in Chattanooga, United States, as a platform focused on payment management and credit risk management within the medical industry. Credit risk assessment tools are offered, including letter grade reports and payment plan recommendations. Solutions for payment processing are also provided to support healthcare providers in managing financial operations.

Who are the top competitors of OrthoBanc?

OrthoBanc's top competitors include Greenphire, Cedar and Middesk.

What products or services does OrthoBanc offer?

OrthoBanc offers Risk Assessment Tool, Fee Presentation Tool, Payment Management Service, and Point-of-Care Payment Acceptance.

Who are OrthoBanc's investors?

OrthoBanc has 1 investor. Key investors include OrthoFi.

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