About Protenus
Protenus is a company based in Baltimore (United States) founded in 2014 was acquired by Bluesight in January 2025. Protenus has raised $61 million across 8 funding rounds from investors including Bluesight, Cognosante and MemorialCare Health System. The company has 95 employees as of December 31, 2022. Protenus offers products and services including RFID Medication Management, KitCheck Anywhere, ControlCheck, CostCheck, and Patient Privacy Monitoring. Protenus operates in a competitive market with competitors including Imprivata, Datavant, Clearwave, Phynd and z-waka, among others.
- Headquarter Baltimore, United States
- Employees 95 as on 31 Dec, 2022
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Healthcare
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Products & Services of Protenus
Protenus offers a comprehensive portfolio of products and services, including RFID Medication Management, KitCheck Anywhere, ControlCheck, CostCheck, and Patient Privacy Monitoring.
Automates restocking and tracking of medications in hospitals.
Proactively detects and addresses drug diversion in healthcare settings.
Modernizes drug purchasing processes for retail efficiency.
Optimizes drug spend and ensures 340B program adherence.
Identifies privacy violations to strengthen healthcare compliance.
Funding Insights of Protenus
Protenus has successfully raised a total of $61M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $21 million completed in May 2021. 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 Protenus
Protenus has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Bluesight, Cognosante and MemorialCare Health System.
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Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Investor details for Protenus
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Investments & Acquisitions by Protenus
Investment portfolio details for Protenus
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Financial Statements - Protenus
Detailed financials for Protenus
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Protenus Comparisons
Peer comparison for Protenus
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Competitors of Protenus
Protenus 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 Imprivata, Datavant, Clearwave, Phynd and z-waka, among others.
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Cloud-based authentication and secure communication solutions are provided for enterprises.
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Secure patient data access is enabled through a healthcare platform.
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Clearwave is recognized as a leading patient revenue platform.
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Unified platform for sharing provider information across healthcare organizations
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Medical record management solutions are offered to healthcare providers.
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Detailed competitors of Protenus
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Latest news on Protenus
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Frequently Asked Questions about Protenus
Protenus was founded in 2014.
Protenus is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Protenus is a funded company, having raised a total of $61M across 8 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Protenus is 95.
Protenus was founded in 2014 in Baltimore, United States, with operations centered on the healthcare sector. AI-driven solutions are offered to monitor electronic medical record access in real time, identifying deviations from institutional baselines to address insider threats. Integration with existing hospital systems is facilitated, alongside visualization of clinical and administrative workflows. Employee behavior is tracked to enhance patient privacy and reduce risks of legal and financial penalties.
Protenus offers RFID Medication Management, KitCheck Anywhere, ControlCheck, CostCheck, and Patient Privacy Monitoring.
Protenus has 14 investors. Key investors include Bluesight, Cognosante, MemorialCare Health System, TEDCO, and Transformation Capital.