About PatientSafe Solutions
PatientSafe Solutions is a company based in San Diego (United States) founded in 2002 was acquired by Vocera in April 2021.. PatientSafe Solutions has raised $143.42 million across 11 funding rounds from investors including Vocera, TPG and HighBar Partners. The company has 63 employees as of December 31, 2022. PatientSafe Solutions has completed 1 acquisition, including Vree Health. PatientSafe Solutions offers products and services including Vocera Engage, Vocera Edge, Vocera Smartbadge, Vocera Vina, and Dynamic Clinical Workflow. PatientSafe Solutions operates in a competitive market with competitors including PerfectServe, Klara, Siilo, Forcura and Pulsara, among others.
- Headquarter San Diego, United States
- Employees 63 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 Patientsafe Solutions
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Products & Services of PatientSafe Solutions
PatientSafe Solutions offers a comprehensive portfolio of products and services, including Vocera Engage, Vocera Edge, Vocera Smartbadge, Vocera Vina, and Dynamic Clinical Workflow. 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.
Software for unifying clinical data and enhancing patient care workflows.
Platform for secure messaging and real-time voice communication in healthcare.
Device for urgent voice communication in medical settings.
Application for secure messaging and EHR workflows in healthcare.
System that turns insights into improved patient care processes.
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Funding Insights of PatientSafe Solutions
PatientSafe Solutions has successfully raised a total of $143.42M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in September 2017. 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 11
- Last Round Series D — $25.0M
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First Round
First Round
(01 Jun 2003)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Series D - PatientSafe Solutions | Valuation | HighBar Partners | |
| Aug, 2016 | Amount | Series C - PatientSafe Solutions | Valuation |
investors |
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| Jan, 2014 | Amount | Series C - PatientSafe Solutions | Valuation | TELUS Ventures |
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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 PatientSafe Solutions
PatientSafe Solutions has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Vocera, TPG and HighBar Partners. 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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HighBar Partners is engaged in providing strategic growth capital.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital is focused on the life science sector.
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Founded Year | Domain | Location | |
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Growth equity investments are made in lower middle market companies.
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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 PatientSafe Solutions
PatientSafe Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vree Health. 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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Serves as a care coordination platform to streamline health services.
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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 - PatientSafe Solutions
| 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 |
Patientsafe Solutions Comparisons
Competitors of PatientSafe Solutions
PatientSafe Solutions 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 PerfectServe, Klara, Siilo, Forcura and Pulsara, 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 |
Collaboration platform for providers
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| domain | founded_year | HQ Location |
Communication app for medical teams, patients, and providers is facilitated.
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| domain | founded_year | HQ Location |
Secure messaging is facilitated for medical professionals via mobile app.
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| domain | founded_year | HQ Location |
Healthcare coordination and interoperability software solutions are developed.
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| domain | founded_year | HQ Location |
An app for real-time interaction between the field and between hospital staff
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| domain | founded_year | HQ Location |
A digital platform for healthcare care-team communication is offered.
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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 Patientsafe Solutions
Frequently Asked Questions about PatientSafe Solutions
When was PatientSafe Solutions founded?
PatientSafe Solutions was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Where is PatientSafe Solutions located?
PatientSafe Solutions is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is PatientSafe Solutions a funded company?
PatientSafe Solutions is a funded company, having raised a total of $143.42M across 11 funding rounds to date. The company's 1st funding round was a Series C of $3M, raised on Jun 01, 2003.
How many employees does PatientSafe Solutions have?
As of Dec 31, 2022, the latest employee count at PatientSafe Solutions is 63.
What does PatientSafe Solutions do?
PatientSafe Solutions was founded in 2002 in San Diego, United States, and operates within the healthcare technology sector. Mobile solutions for point-of-care clinical workflows are developed and supported, centered on the PatientTouch System. This platform utilizes enhanced iOS devices with barcode scanners, extended batteries, and protective casings. Workflows for patient identification, medication administration, specimen collection, and care team communication are facilitated through real-time features and customizable interventions.
Who are the top competitors of PatientSafe Solutions?
PatientSafe Solutions's top competitors include Klara, PerfectServe and Forcura.
What products or services does PatientSafe Solutions offer?
PatientSafe Solutions offers Vocera Engage, Vocera Edge, Vocera Smartbadge, Vocera Vina, and Dynamic Clinical Workflow.
How many acquisitions has PatientSafe Solutions made?
PatientSafe Solutions has made 1 acquisition, including Vree Health.
Who are PatientSafe Solutions's investors?
PatientSafe Solutions has 12 investors. Key investors include Vocera, TPG, HighBar Partners, Merck Global Health Innovation Fund, and Camden Partners.
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