PrecisionGx

Philadelphia, United States Founded: 2015 • Age: 11 yrs Acquired By Trend Health Partners
AI-based health plan analytics solutions for health insurers
Annual revenue - Latest available
Total funding $3.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About PrecisionGx

PrecisionGx is a company based in Philadelphia (United States) founded in 2015 was acquired by Trend Health Partners in October 2023. PrecisionGx has raised $3.05 million across 2 funding rounds from investors including Trend Health Partners, FCA Venture Partners and Commerce Ventures. PrecisionGx operates in a competitive market with competitors including Perfios, ABI Health, Osigu, Healspan and Ribbon Health, among others.

  • Headquarter Philadelphia, United States
  • Sectors
    Financial Services
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Precisiongx Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.05 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.14 M (USD), Series A

    May 10, 2022

  • Investors
  • Employee Count
    Not available
  • Acquired by
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People of PrecisionGx

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Timothy Walters
Vp, Payment Integrity
People
Kellie McLaverty
Director of Payment Integrity
People
Kasey Sousa
Co-Founder, CEO
People
Scott Strent
Vice President, Business Development

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Funding Insights of PrecisionGx

PrecisionGx has successfully raised a total of $3.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.14 million completed in May 2022. 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.

Investors in PrecisionGx

PrecisionGx has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Trend Health Partners, FCA Venture Partners and Commerce Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Offline-focused VC firm investing primarily in the US
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Investment in retail and financial services technologies.
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Provider of credit balance recovery, financial transaction, and other services
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Investor details for PrecisionGx

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  • Participation history

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Investments & Acquisitions by PrecisionGx

Investments
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Investment portfolio details for PrecisionGx

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Financial Statements - PrecisionGx

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Detailed financials for PrecisionGx

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Precisiongx Comparisons

PrecisionGx Primary company
Description
AI-based health plan analytics solutions for health insurers
Location
Philadelphia, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for PrecisionGx

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Competitors of PrecisionGx

PrecisionGx 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 Perfios, ABI Health, Osigu, Healspan and Ribbon Health, among others.

Company Name Domain Founded year HQ Location Description
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Provides financial technology solutions for data analysis and verification globally.
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AI-driven solutions for healthcare operations are provided.
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Online claims processing is facilitated for the insurance industry.
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Insurance policies and claims are managed via an automated platform.
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Predictive analytics platform is provided for healthcare providers.
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AI-based platform for clinical data sharing and management is provided.
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Detailed competitors of PrecisionGx

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Latest news on Precisiongx

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Frequently Asked Questions about PrecisionGx

PrecisionGx was founded in 2015 and raised its 1st funding round 3 years after it was founded.

PrecisionGx is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

PrecisionGx is a funded company, having raised a total of $3.05M across 2 funding rounds to date.

AI-based health plan analytics solutions for health insurers. It offers an AI-based platform for health insurers with payment solutions. The company uses its proprietary vectorization for the payers core data sets with the help of machine learning to provide consumable data. The platform also provides insights for contract negotiations, detects inappropriate billing patterns, and manages risk through future predictions, drug management, population health analysis, and policy design.

PrecisionGx's top competitors include Perfios, ABI Health and Healspan.

PrecisionGx has 3 investors. Key investors include Trend Health Partners, FCA Venture Partners, and Commerce Ventures.

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