About Praxify
Praxify is a company based in Pune (India) founded in 2010 was acquired by athenahealth in June 2017.. The company has 2 employees as of March 29, 2024. Praxify operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.
- Headquarter Pune, India
- Employees 2 as on 29 Mar, 2024
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xtremum Solutions Private Limited
- Date of Incorporation 06 May, 2010
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$183.37 K (USD)-4.72as on Mar 31, 2016
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Net Profit
$-605.89 K (USD)-548.41as on Mar 31, 2016
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EBITDA
$-600.05 K (USD)-430.75as on Mar 31, 2016
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Latest Funding Round
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Investors
athenahealth
& 1 more
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Employee Count
2
as on Mar 29, 2024
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Acquired by
athenahealth
(Jun 08, 2017)
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Funding Insights of Praxify
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Seed - Praxify | 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 Praxify
Praxify has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include athenahealth and M12. 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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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Cloud-based administrative tools for healthcare providers are offered.
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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 Praxify
| 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 |
Financial Statements - Praxify
| 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 |
Praxify Comparisons
Competitors of Praxify
Praxify 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, 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-driven EMR and practice management software is delivered for clinics.
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| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
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| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
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| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
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| domain | founded_year | HQ Location |
Cloud-based software for dental practice management is developed.
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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 Praxify
When was Praxify founded?
Praxify was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Praxify located?
Praxify is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Praxify have?
As of Mar 29, 2024, the latest employee count at Praxify is 2.
What is the annual revenue of Praxify?
Annual revenue of Praxify is $183.37K as on Mar 31, 2016.
What does Praxify do?
Praxify, product of Xtremum Solutions, is a cloud based practice management solution with an integrated point-of-care mobiletablet based EMR application designed to cater the needs of doctors, physicians, and their day-to-day practice. It works as an enterprise plugin to existing healthcare infrastructure, minimizing the effort and cost of installing a new HMIS and maximizing the return of investment for the enterprise and its users. It is one of the startups of summer batch of Microsoft accelerator program for 2014.
Who are the top competitors of Praxify?
Praxify's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
Who are Praxify's investors?
Praxify has 2 investors. Key investors include athenahealth, and M12.