About Policystat
Policystat is a company based in Carmel (United States) founded in 2006 was acquired by iContracts in May 2017.. Policystat has raised $2.58 million across 2 funding rounds from investors including iContracts and Halo Capital. The company has 38 employees as of December 31, 2016. Policystat offers products and services including PolicyStat, Document Management Solution, and Risk Event Analysis. Policystat operates in a competitive market with competitors including MetricStream, Symplr, RLDatix, Accushield and Intraprise Health, among others.
- Headquarter Carmel, United States
- Employees 38 as on 31 Dec, 2016
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Policystat, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.58 M (USD)
in 2 rounds
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Latest Funding Round
$1.43 M (USD), Seed
Jun 20, 2012
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Investors
iContracts
& 1 more
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Employee Count
38
as on Dec 31, 2016
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Acquired by
iContracts
(May 04, 2017)
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Products & Services of Policystat
Policystat offers a comprehensive portfolio of products and services, including PolicyStat, Document Management Solution, and Risk Event Analysis. 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 managing and accessing policies to ensure compliance.
Platform for document lifecycle and efficient searching.
Tools for analyzing and reporting risks in healthcare settings.
Funding Insights of Policystat
Policystat has successfully raised a total of $2.58M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.43 million completed in June 2012. 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 2
- Last Round Seed — $1.4M
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First Round
First Round
(05 Feb 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Seed - Policystat | Valuation |
investors |
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| Feb, 2010 | Amount | Seed - Policystat | Valuation | Halo Capital |
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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 Policystat
Policystat has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include iContracts and Halo Capital. 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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Small business loans are provided by Halo Capital Group.
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Founded Year | Domain | Location | |
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Cloud-based contract management solutions are provided for key industries.
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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 Policystat
| 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 - Policystat
| 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 |
Policystat Comparisons
Competitors of Policystat
Policystat 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 MetricStream, Symplr, RLDatix, Accushield and Intraprise Health, 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 |
Cloud-based regulatory solutions are provided for financial institutions.
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| domain | founded_year | HQ Location |
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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| domain | founded_year | HQ Location |
GRC software solutions for healthcare risk management are delivered.
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| domain | founded_year | HQ Location |
Third-party risk management solutions are offered for healthcare compliance.
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| domain | founded_year | HQ Location |
Patient engagement and care coordination solution for healthcare providers
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| domain | founded_year | HQ Location |
Administrative tasks are managed digitally for healthcare 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 Policystat
When was Policystat founded?
Policystat was founded in 2006 and raised its 1st funding round 4 years after it was founded.
Where is Policystat located?
Policystat is headquartered in Carmel, United States. It is registered at Carmel, California, United States.
Is Policystat a funded company?
Policystat is a funded company, having raised a total of $2.58M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.15M, raised on Feb 05, 2010.
How many employees does Policystat have?
As of Dec 31, 2016, the latest employee count at Policystat is 38.
What does Policystat do?
Policystat was founded in 2006 in Carmel, United States, as a SaaS provider focused on the healthcare sector. Policy documents are managed through features including smart search, version archiving, workflow configurations, approvals, staff surveys, acknowledgements, user provisioning, access governance, email notifications, alerts, and dashboards. Operations serve over 1000 customers worldwide.
Who are the top competitors of Policystat?
Policystat's top competitors include Symplr, Intraprise Health and RLDatix.
What products or services does Policystat offer?
Policystat offers PolicyStat, Document Management Solution, and Risk Event Analysis.
Who are Policystat's investors?
Policystat has 2 investors. Key investors include iContracts, and Halo Capital.