About PurpleLab
PurpleLab is a company based in Furlong (United States) founded in 2016 by Mark Brosso.. PurpleLab has raised $43 million across 3 funding rounds from investors including Primus Capital, Edison Partners and M7holdings. PurpleLab has completed 1 acquisition, including KAID. PurpleLab offers products and services including HealthNexus and Provider Data Management. PurpleLab operates in a competitive market with competitors including Evariant, MatrixCare, Swoop, Doctor.com and PulsePoint, among others.
- Headquarter Furlong, United States
- Founders Mark Brosso
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Sectors
TechnologyHealthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series B
Sep 12, 2022
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Investors
Primus Capital
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of PurpleLab
PurpleLab offers a comprehensive portfolio of products and services, including HealthNexus and Provider Data Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
No-code platform for healthcare data analysis and insights generation.
Centralized solutions for managing healthcare provider data effectively.
Unlock access to complete
Funding Insights of PurpleLab
PurpleLab has successfully raised a total of $43M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $40.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - PurpleLab | Valuation | Primus Capital | |
| Aug, 2019 | Amount | Series A - PurpleLab | Valuation | Edison Partners |
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| Nov, 2018 | Amount | Seed - PurpleLab | 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 PurpleLab
PurpleLab has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Primus Capital, Edison Partners and M7holdings. 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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Private equity investments are directed toward the US and Canada.
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Founded Year | Domain | Location | |
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Provider of a growth equity firm for adaptive and personalized plans
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Founded Year | Domain | Location | |
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PE, VC, and single family office focused on multiple sectors
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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 PurpleLab
PurpleLab has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KAID. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI and SaaS-based software for healthcare care coordination is developed.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PurpleLab
| 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 |
Purplelab Comparisons
Competitors of PurpleLab
PurpleLab 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 Evariant, MatrixCare, Swoop, Doctor.com and PulsePoint, 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 |
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| domain | founded_year | HQ Location |
Provides platform for digital marketing solutions
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| domain | founded_year | HQ Location |
Web-based software for long term care, senior living, and assisted living
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| domain | founded_year | HQ Location |
AI-based advertising solutions for pharmaceuticals are offered by Swoop.
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| domain | founded_year | HQ Location |
Online visibility and reputation for healthcare providers are optimized.
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| domain | founded_year | HQ Location |
Programmatic content marketing platform
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| domain | founded_year | HQ Location |
Platform that enables organizations to influence consumer decision making and health-behaviors
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Purplelab
Frequently Asked Questions about PurpleLab
When was PurpleLab founded?
PurpleLab was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is PurpleLab located?
PurpleLab is headquartered in Furlong, United States. It is registered at Furlong, Pennsylvania, United States.
Who is the current CEO of PurpleLab?
Mark Brosso is the current CEO of PurpleLab. They have also founded this company.
Is PurpleLab a funded company?
PurpleLab is a funded company, having raised a total of $43M across 3 funding rounds to date.
What does PurpleLab do?
Healthcare analytics solutions for healthcare stakeholders. It enables healthcare clients to generate data insights including diagnosis, medications, procedures, measurements, observations, and indications for life sciences, payers, providers, and other stakeholders. It also enables organizations to generate highly configurable RWD insights to make informed decisions and drive value-driven innovation in healthcare.
Who are the top competitors of PurpleLab?
PurpleLab's top competitors include Actium Health, MatrixCare and Swoop.
What products or services does PurpleLab offer?
PurpleLab offers HealthNexus and Provider Data Management.
How many acquisitions has PurpleLab made?
PurpleLab has made 1 acquisition, including KAID.
Who are PurpleLab's investors?
PurpleLab has 3 investors. Key investors include Primus Capital, Edison Partners, and M7holdings.