About QPID Health
QPID Health is a company based in Boston (United States) founded in 2012 was acquired by eviCore in February 2016.. QPID Health has raised $16.71 million across 2 funding rounds from investors including New Leaf Venture Partners, eviCore and Massachusetts General Hospital. The company has 43 employees as of December 31, 2015. QPID Health operates in a competitive market with competitors including Cota Healthcare, Pendulum, medCPU, Health Outcomes Sciences and Droice Labs, among others.
- Headquarter Boston, United States
- Employees 43 as on 31 Dec, 2015
-
Sectors
HealthcareTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Qpid Health, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$16.71 M (USD)
in 2 rounds
-
Latest Funding Round
$12.31 M (USD), Series B
May 16, 2014
-
Investors
New Leaf Venture Partners
& 5 more
-
Employee Count
43
as on Dec 31, 2015
-
Acquired by
eviCore
(Feb 26, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of QPID Health
QPID Health has successfully raised a total of $16.71M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12.31 million completed in May 2014. 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 2
- Last Round Series B — $12.3M
-
First Round
First Round
(20 May 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Series B - QPID Health | Valuation | New Leaf Venture Partners | |
| May, 2013 | Amount | Series A - QPID Health | Valuation | Matrix , Massachusetts General Hospital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in QPID Health
QPID Health has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include New Leaf Venture Partners, eviCore and Massachusetts General Hospital. 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 |
|---|---|---|---|---|
|
Early-stage ventures are funded by the investment firm.
|
Founded Year | Domain | Location | |
|
Stage-agnostic investments in US life sciences are managed.
|
Founded Year | Domain | Location | |
|
Life science & tech focused VC firm investing in early stage companies in the US
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by QPID Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - QPID Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qpid Health Comparisons
Competitors of QPID Health
QPID Health 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 Cota Healthcare, Pendulum, medCPU, Health Outcomes Sciences and Droice Labs, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A data and technology platform for value-based precision medicine
|
|
| domain | founded_year | HQ Location |
AI-driven analytics solutions for organizations are provided by Pendulum.
|
|
| domain | founded_year | HQ Location |
MedCPU provides clinical decision and advisory support platform.
|
|
| domain | founded_year | HQ Location |
IT solutions for improving healthcare delivery quality are provided.
|
|
| domain | founded_year | HQ Location |
Treatment performance is predicted by ML software for physicians.
|
|
| domain | founded_year | HQ Location |
Automated clinical decision support for critical care management is offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about QPID Health
When was QPID Health founded?
QPID Health was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is QPID Health located?
QPID Health is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is QPID Health a funded company?
QPID Health is a funded company, having raised a total of $16.71M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.4M, raised on May 20, 2013.
How many employees does QPID Health have?
As of Dec 31, 2015, the latest employee count at QPID Health is 43.
What does QPID Health do?
QPID Health was founded in 2012 in Boston, United States, within the healthcare sector. Clinical intelligence software is developed and offered, utilizing clinically tuned natural language processing and machine learning. The platform operates independently of electronic health records and integrates context-sensitive data from patient records into clinical and administrative workflows. Operations focus on enhancing clinician productivity, supporting patient-centered decisions, and achieving hospital cost efficiencies.
Who are the top competitors of QPID Health?
QPID Health's top competitors include Cota Healthcare, Pendulum and medCPU.
Who are QPID Health's investors?
QPID Health has 6 investors. Key investors include New Leaf Venture Partners, eviCore, Massachusetts General Hospital, Matrix, and Cardinal Partners.