About PrefTech
PrefTech is a company based in Tysons (United States) founded in 1982 was acquired by Vizient in October 2023. PrefTech has raised $1.6 million across 3 funding rounds from investors including Vizient Inc. PrefTech offers products and services including Preference Card Software and Consulting Services. PrefTech operates in a competitive market with competitors including Alira Health, Nordic, J2 Interactive, Antser and NNIT, among others.
- Headquarter Tysons, United States
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Vizient Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.6 M (USD)
in 3 rounds
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Latest Funding Round
$1.25 M (USD), Debt – Conventional
Mar 03, 2023
- Investors
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Employee Count
Not available
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Acquired by
Vizient
(Oct 30, 2023)
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Products & Services of PrefTech
PrefTech offers a comprehensive portfolio of products and services, including Preference Card Software and Consulting Services.
Software for monitoring and optimizing surgical preference cards.
Services to improve healthcare operations and reduce inefficiencies.
People of PrefTech
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Advisor Team
6 people
Leadership Team
3 people
Chairman Team
1 people
Sales and Marketing
1 people
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Funding Insights of PrefTech
PrefTech has successfully raised a total of $1.6M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.25 million completed in March 2023. 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 PrefTech
PrefTech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Vizient Inc.
| Investor | Description | Founded Year | Domain | Location |
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Vizient Inc. is engaged in healthcare performance improvement solutions.
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Investor details for PrefTech
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by PrefTech
Investment portfolio details for PrefTech
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Financial Statements - PrefTech
Detailed financials for PrefTech
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- Historical revenue
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Preftech Comparisons
Peer comparison for PrefTech
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Competitors of PrefTech
PrefTech 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 Alira Health, Nordic, J2 Interactive, Antser and NNIT, among others.
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Provider of advisory services, healthcare IT, market access, regulatory affairs, and other services
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Healthcare IT services are provided to the sector by Nordic.
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Healthcare software development and IT consulting services are provided.
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Technology, support services, and training are provided to healthcare.
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Digital transformation solutions are provided, including custom development and cybersecurity.
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Provider of integrated IT solutions for health and care organizations
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Detailed competitors of PrefTech
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Latest news on Preftech
Complete news archive for PrefTech
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Frequently Asked Questions about PrefTech
PrefTech was founded in 1982 and raised its 1st funding round 36 years after it was founded.
PrefTech is headquartered in Tysons, United States. It is registered at Tysons, Virginia, United States.
Matthew Boehm is the current CEO of PrefTech.
PrefTech is a funded company, having raised a total of $1.6M across 3 funding rounds to date.
PrefTech was founded in 1982 and is headquartered in Tysons, United States. Application development services are offered by the company within the information technology sector. Operations are centered on delivering software solutions to various clients. Leadership is held by Matthew Boehm, serving as CEO and President. The domain preftech.com is utilized for online presence, with activities focused on domestic markets.
PrefTech's top competitors include Alira Health, Nordic and NNIT.
PrefTech offers Preference Card Software and Consulting Services.
PrefTech has 1 investor. Key investors include Vizient Inc.