About Panalgo
Panalgo is a company based in Boston (United States) founded in 1996 was acquired by MMIT Network in September 2021. Panalgo has raised $78 million across 1 funding round from investors including MMIT Network, Evaluate and Silversmith. Panalgo offers products and services including IHD Analytics, IHD Cloud, and NorstellaLinQ. Panalgo operates in a competitive market with competitors including Komodo Health, Clarify, Elucidata, IDBS and Reliant AI, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Panalgo, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$78 M (USD)
in 1 rounds
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Latest Funding Round
$78 M (USD), Series C
May 15, 2019
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Investors
MMIT Network
& 3 more
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Employee Count
Not available
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Acquired by
MMIT Network
(Sep 28, 2021)
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Products & Services of Panalgo
Panalgo offers a comprehensive portfolio of products and services, including IHD Analytics, IHD Cloud, and NorstellaLinQ.
Self-service platform for real-world evidence analysis and reporting.
Solution for centralizing RWE data and analytics efficiently.
Integrated data source for biopharma drug development insights.
Funding Insights of Panalgo
Panalgo has successfully raised a total of $78M through 1 strategic funding round. The most recent funding activity was a Series C round of $78 million completed in May 2019. 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.
Investors in Panalgo
Panalgo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include MMIT Network, Evaluate and Silversmith.
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Venture capital firm investing in technology and healthcare sectors
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Healthcare startups are funded by this venture capital firm.
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Pharmaceutical market intelligence and forecasting solutions are provided by Evaluate.
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Investor details for Panalgo
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Investments & Acquisitions by Panalgo
Investment portfolio details for Panalgo
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Financial Statements - Panalgo
Detailed financials for Panalgo
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Panalgo Comparisons
Peer comparison for Panalgo
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Competitors of Panalgo
Panalgo 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 Komodo Health, Clarify, Elucidata, IDBS and Reliant AI, among others.
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Data-driven insights are delivered to healthcare via AI platforms.
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Marketing and business consulting services are provided by Clarify.
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Elucidata is focused on AI-powered biomedical data solutions for drug discovery and precision medicine.
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Data management is provided for research teams' screening experiments.
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GenAI-powered analytics software is provided for biopharma secondary research.
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Detailed competitors of Panalgo
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Latest news on Panalgo
Complete news archive for Panalgo
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Frequently Asked Questions about Panalgo
Panalgo was founded in 1996 and raised its 1st funding round 23 years after it was founded.
Panalgo is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Panalgo is a funded company, having raised a total of $78M across 1 funding round to date.
Panalgo was founded in 1996 in Boston, United States, operating in the healthcare analytics sector. Software solutions are delivered to clinics for evaluating patient care quality and value. Codes are generated to help life science firms assess product worth. Research is designed and executed to measure medical technology impacts. Analytics are streamlined to support decision-making among pharma, payers, and providers.
Panalgo's top competitors include Komodo Health, Elucidata and Bluenote AI.
Panalgo offers IHD Analytics, IHD Cloud, and NorstellaLinQ.
Panalgo has 4 investors. Key investors include MMIT Network, Evaluate, Silversmith, and Transformation Capital.