Prodigy Health Group

New York, United States Founded: 1994 • Age: 32 yrs Acquired By Aetna
Health services are provided to employers and insurers through subsidiaries.

About Prodigy Health Group

Prodigy Health Group is a company based in New York (United States) founded in 1994, and was acquired by Aetna in April 2011. Health services are provided to employers and insurers through subsidiaries. Prodigy Health Group has raised $110 million across 1 funding round from investors including Aetna and One Equity Partners. Prodigy Health Group has completed 1 acquisition, including PerforMAX.

Company details

Prodigy Health Group was founded in 1994 in New York, United States, as a holding company in the health services sector. Operating subsidiaries deliver benefits management, total health management, provider network services, and insurance solutions to self-funded employers, managed care organizations, and insurers. Over 3.5 million members across various industries were served. Growth was achieved via acquisitions and internal expansion until the company was acquired by Aetna in 2011.

Key Metrics
  • Total Equity Funding
    $110M (USD)

    in 1 rounds

  • Latest Funding Round
    $110M (USD), Private Equity Round

    Jun 2008

  • Investors
    Aetna

    & 1 more

  • Investments & Acquisitions
  • Acquired by
    Aetna

    (Apr 2011)

Funding Insights of Prodigy Health Group

Prodigy Health Group has successfully raised a total of $110M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $110 million completed in June 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 $110M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $110M
  • First Round $110M

    (Jun 2008)

  • Investors Count 1

All 1 funding rounds of Prodigy Health Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2008$110MPrivate Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Prodigy Health Group

Prodigy Health Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Aetna and One Equity Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are made in North America and Europe.
2001oneequity.comNew York, United States
Health insurance plans are provided by Aetna for diverse needs.
1853aetna.comHartford, United States
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Investor details for Prodigy Health Group

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Prodigy Health Group

Prodigy Health Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PerforMAX.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of HR end to end services
performax-inc.comMonmouth Beach, United States2020Dec 2006β€’β€’β€’β€’
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Complete acquisition details for Prodigy Health Group

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Prodigy Health Group

4 dated milestones of Prodigy Health Group across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prodigy Health Group is founded.
  2. Acquisition Acquires PerforMAX.
  3. Funding First funding round of $110.0M.
  4. Exit Acquired by Aetna.
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Frequently Asked Questions about Prodigy Health Group

Prodigy Health Group was founded in 1994 and raised its 1st funding round 14 years after it was founded.

Prodigy Health Group is headquartered in New York, United States. It is registered at New York, New York, United States.

Prodigy Health Group is a funded company, having raised a total of $110M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $110M, raised on Jun 2008.

Prodigy Health Group was founded in 1994 in New York, United States, as a holding company in the health services sector. Operating subsidiaries deliver benefits management, total health management, provider network services, and insurance solutions to self-funded employers, managed care organizations, and insurers. Over 3.5 million members across various industries were served. Growth was achieved via acquisitions and internal expansion until the company was acquired by Aetna in 2011.

Prodigy Health Group has made 1 acquisition, including PerforMAX.

Prodigy Health Group has 2 investors. Key investors include Aetna, and One Equity Partners.

Yes. Prodigy Health Group was acquired by Aetna in April 2011.

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