About Redox
Redox is a company based in Madison (United States) founded in 2014 by Luke Bonney. It operates as a SaaS (Software-as-a-Service), and Managed Services. Redox has raised $94.46 million across 7 funding rounds from investors including Texas Medical Center, Adams Street Partners and Avenir. The company has 9 employees as of December 31, 2020. Redox offers products and services including Redox Platform and Cloud Hydration. Redox operates in a competitive market with competitors including Moxe Health, MD On-Line, Sansoro Health, Medsender and Pryv, among others.
- Headquarter Madison, United States
- Employees 9 as on 31 Dec, 2020
- Founders Luke Bonney
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Redox, Inc.
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Annual Revenue
$3.25 M (USD)2as on Dec 31, 2023
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Net Profit
$-392.92 (USD)-117as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$94.46 M (USD)
in 7 rounds
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Latest Funding Round
$45 M (USD), Series D
Feb 24, 2021
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Investors
Texas Medical Center
& 10 more
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Employee Count
9
as on Dec 31, 2020
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Products & Services of Redox
Redox offers a comprehensive portfolio of products and services, including Redox Platform and Cloud Hydration. 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.
Healthcare data interoperability is enabled through this platform.
Real-time data is moved to cloud for analytics.
Unlock access to complete
Funding Insights of Redox
Redox has successfully raised a total of $94.46M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $45 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $45.0M
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First Round
First Round
(26 Nov 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series D - Redox | Valuation | Adams Street Partners | |
| Apr, 2019 | Amount | Series C - Redox | Valuation | Battery Ventures | |
| Aug, 2018 | Amount | Debt – Conventional - Redox | Valuation |
investors |
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| 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 Redox
Redox has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Texas Medical Center, Adams Street Partners and Avenir. 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 markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Growth equity investments are made by the private equity firm.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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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 Redox
| 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 |
Financial Statements - Redox
| 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 |
Redox Comparisons
Competitors of Redox
Redox 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 Moxe Health, MD On-Line, Sansoro Health, Medsender and Pryv, 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 |
An EHR integration platform for healthcare providers is offered.
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| domain | founded_year | HQ Location |
EDI solutions for healthcare claims and transactions are provided.
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| domain | founded_year | HQ Location |
EMR interoperability is enabled through universal APIs by Sansoro Health.
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| domain | founded_year | HQ Location |
Medical records are exchanged between healthcare providers via a plugin.
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| domain | founded_year | HQ Location |
Personal data and privacy management solutions are provided by Pryv.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Redox
Frequently Asked Questions about Redox
When was Redox founded?
Redox was founded in 2014.
Where is Redox located?
Redox is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Redox?
Luke Bonney is the current CEO of Redox. They have also founded this company.
Is Redox a funded company?
Redox is a funded company, having raised a total of $94.46M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3M, raised on Nov 26, 2014.
How many employees does Redox have?
As of Dec 31, 2020, the latest employee count at Redox is 9.
What is the annual revenue of Redox?
Annual revenue of Redox is $3.25M as on Dec 31, 2023.
What does Redox do?
Healthcare data integration is provided by Redox through a platform enabling real-time data exchange. Various sectors including vendors, providers, and payers are served. Solutions for EHR integration, cloud hydration, and AI-driven insights are offered. Data transactions are supported across multiple cloud environments like AWS, Azure, and Google Cloud. Connections to over 11,000 healthcare entities are maintained, ensuring seamless interoperability.
Who are the top competitors of Redox?
Redox's top competitors include Moxe Health, Medsender and Sansoro Health.
What products or services does Redox offer?
Redox offers Redox Platform and Cloud Hydration.
Who are Redox's investors?
Redox has 11 investors. Key investors include Texas Medical Center, Adams Street Partners, Avenir, Battery Ventures, and .406 Ventures.