PatientBond

Elmhurst, United States Founded: 2011 • Age: 15 yrs Acquired By Upfront Healthcare
Patient engagement is enabled via cloud and AI platform.
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About PatientBond

PatientBond is a company based in Elmhurst (United States) founded in 2011 by Carrie Kozlowski and Ben Albert was acquired by Upfront Healthcare in August 2022.. PatientBond has raised $13.4 million across 4 funding rounds from investors including Upfront Healthcare and OneVentures. The company has 24 employees as of April 09, 2024. PatientBond has completed 1 acquisition, including c2b solutions. PatientBond offers products and services including Patient Engagement Platform, Psychographics, and Patient Activation. PatientBond operates in a competitive market with competitors including Syllable, Sensely, Vital, Conversa Health and doc.ai, among others.

  • Headquarter Elmhurst, United States
  • Employees 24 as on 09 Apr, 2024
  • Founders Carrie Kozlowski, Ben Albert
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Patientbond India Private Limited
  • Date of Incorporation 09 Oct, 2020
  • Jurisdiction Mohali, Punjab, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $1.52 M (USD)
    64.84
    as on Mar 31, 2023
  • Net Profit
    $172.7 K (USD)
    24.49
    as on Mar 31, 2023
  • EBITDA
    $272.74 K (USD)
    28.22
    as on Mar 31, 2023
  • Total Equity Funding
    $13.4 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8.19 M (USD), Series C

    Feb 08, 2021

  • Investors
  • Employee Count
    24

    as on Apr 09, 2024

  • Investments & Acquisitions
  • Acquired by
    Upfront Healthcare

    (Aug 18, 2022)

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Products & Services of PatientBond

PatientBond offers a comprehensive portfolio of products and services, including Patient Engagement Platform, Psychographics, and Patient Activation. 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

Platform for proactive, personalized patient communication and care guidance.

Tools for analyzing patient behaviors and sentiments to improve engagement.

Services to reduce care gaps and enhance preventive health outcomes.

People of PatientBond
Headcount 10-50
Employee Profiles 16
Board Members and Advisors 3
Employee Profiles
People
Stephanie St. Clair
SVP, Finance
People
Kumar Bisht
VP, Implementation & Technical Services
People
Nick Patel
Chief Transformation Officer
People
Athanasios Sofronis
Senior Director Of Software Engineering

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Board Members and Advisors
people
Keith Figlioli
Board Member
people
Jim Pavlik
Board Member
people
Jon Phillips
Board Member

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Funding Insights of PatientBond

PatientBond has successfully raised a total of $13.4M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $8.19 million completed in February 2021. 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 Rounds 4
  • Last Round Series C — $8.2M
  • First Round

    (22 Mar 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Series C - PatientBond Valuation

investors

Aug, 2019 Amount Series B - PatientBond Valuation

investors

Jul, 2018 Amount Series B - PatientBond Valuation

investors

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 PatientBond

PatientBond has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Upfront Healthcare and OneVentures. 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
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Provider of data analytics platform to help clinics schedule and allocate resources
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 PatientBond

PatientBond has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include c2b solutions. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital patient engagement tool for providers
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PatientBond

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

Patientbond Comparisons

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Competitors of PatientBond

PatientBond 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 Syllable, Sensely, Vital, Conversa Health and doc.ai, 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
AI-based digital assistants for healthcare communication are provided.
domain founded_year HQ Location
Conversational AI platforms are developed for enterprise healthcare and insurance.
domain founded_year HQ Location
Vital is recognized for patient experience technology in healthcare.
domain founded_year HQ Location
Patient-doctor communication and engagement platform is provided.
domain founded_year HQ Location
Cloud and AI-based chatbot for cognitive training is provided.
domain founded_year HQ Location
Platform is provided to enhance clinical care management for physicians.
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.

Frequently Asked Questions about PatientBond

When was PatientBond founded?

PatientBond was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is PatientBond located?

PatientBond is headquartered in Elmhurst, United States. It is registered at Elmhurst, Illinois, United States.

Who is the current CEO of PatientBond?

Ben Albert is the current CEO of PatientBond. They have also founded this company.

Is PatientBond a funded company?

PatientBond is a funded company, having raised a total of $13.4M across 4 funding rounds to date. The company's 1st funding round was a Series B of $670K, raised on Mar 22, 2017.

How many employees does PatientBond have?

As of Apr 09, 2024, the latest employee count at PatientBond is 24.

What is the annual revenue of PatientBond?

Annual revenue of PatientBond is $1.52M as on Mar 31, 2023.

What does PatientBond do?

PatientBond was founded in 2011 and is headquartered in Elmhurst, United States. Operations focus on the healthcare sector, where a cloud and AI-based platform is utilized for patient engagement. Population care is supported alongside exception management through services such as discharge planning to lower readmissions, chronic disease oversight, appointment notifications, revenue cycle handling, medication compliance, wellness education, survey data collection, and insurance enrollment assistance.

Who are the top competitors of PatientBond?

PatientBond's top competitors include Sensely, Syllable and Conversa Health.

What products or services does PatientBond offer?

PatientBond offers Patient Engagement Platform, Psychographics, and Patient Activation.

How many acquisitions has PatientBond made?

PatientBond has made 1 acquisition, including c2b solutions.

Who are PatientBond's investors?

PatientBond has 2 investors. Key investors include Upfront Healthcare, and OneVentures.

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