About Peminic
Peminic is a company based in Princeton (United States) founded in 2002 was acquired by Verge Health in December 2010.. Peminic has raised $4.5 million across 1 funding round from investors including Verge Health and Brook Venture Partners. Peminic operates in a competitive market with competitors including ImproveWell, Title21 Health Solutions, Quantros, Datix and nemedio, among others.
- Headquarter Princeton, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Series A
May 21, 2008
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Investors
Verge Health
& 1 more
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Employee Count
Employee Count
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Acquired by
Verge Health
(Dec 07, 2010)
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Funding Insights of Peminic
Peminic has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.5 million completed in May 2008. 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 1
- Last Round Series A — $4.5M
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First Round
First Round
(21 May 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2008 | Amount | Series A - Peminic | Valuation |
investors |
| 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 Peminic
Peminic has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Verge Health and Brook Venture 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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Capital is provided by Brook Venture Partners to expansion-stage businesses.
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Founded Year | Domain | Location | |
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SaaS based solution to manage hospital processes, personnel and asses physician performance
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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 Peminic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Peminic
| 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 |
Peminic Comparisons
Competitors of Peminic
Peminic 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 ImproveWell, Title21 Health Solutions, Quantros, Datix and nemedio, 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 |
Digital platform for quality management and staff communication is provided.
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| domain | founded_year | HQ Location |
Quality management solutions are provided for health sciences organizations.
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| domain | founded_year | HQ Location |
SaaS data management solutions are offered for healthcare quality improvement.
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| domain | founded_year | HQ Location |
Patient safety software provider
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| domain | founded_year | HQ Location |
Quality management software is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
SaaS based quality management solutions for insurers and providers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Peminic
When was Peminic founded?
Peminic was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Peminic located?
Peminic is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Is Peminic a funded company?
Peminic is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Series A of $4.5M, raised on May 21, 2008.
What does Peminic do?
Founded in 2002 in Princeton, United States, Peminic specialized in healthcare software for patient safety and risk management. eSurveillance tools were integrated with electronic health records to detect near-miss incidents and adverse events needing intervention. Communication and data sharing among patient relations, risk, and safety teams were facilitated. The company was acquired by Verge Solutions on December 6, 2010.
Who are the top competitors of Peminic?
Peminic's top competitors include Title21 Health Solutions, nemedio and MDdatacor.
Who are Peminic's investors?
Peminic has 2 investors. Key investors include Verge Health, and Brook Venture Partners.