About RelayHealth
RelayHealth is a company based in Atlanta (United States) founded in 1990 was acquired by McKesson in June 2006.. RelayHealth has raised $48.4 million across 5 funding rounds from investors including McKesson, CCP Equity Partners and USVP. RelayHealth has completed 1 acquisition, including AHI Software. RelayHealth offers products and services including Drug Ordering, Pharmacy Management Software, and Patient Engagement Solutions. RelayHealth operates in a competitive market with competitors including Zelis Healthcare, Availity, HMS, Transparent Health Marketplace and Circulo Health, among others.
- Headquarter Atlanta, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Relayhealth Corporation
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Products & Services of RelayHealth
RelayHealth offers a comprehensive portfolio of products and services, including Drug Ordering, Pharmacy Management Software, and Patient Engagement Solutions. 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.
Platform for pharmacies to order drugs and specialty products
Software for managing pharmacy operations and patient adherence
Tools to improve medication access and affordability for patients
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Software Development Team
198 people
Leadership Team
173 people
Sales and Marketing
115 people
Data Analysis and Operations Team
80 people
Operations Team
59 people
Finance and Accounting
53 people
Human Resources and Administration
47 people
Product Management Team
44 people
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Funding Insights of RelayHealth
RelayHealth has successfully raised a total of $48.4M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(22 Feb 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2005 | Amount | Private Equity Round - RelayHealth | Valuation |
investors |
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| Jun, 2004 | Amount | Series E - RelayHealth | Valuation |
investors |
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| Jul, 2003 | Amount | Series E - RelayHealth | 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 RelayHealth
RelayHealth has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include McKesson, CCP Equity Partners and USVP. 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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Growth capital is provided to financial and healthcare companies.
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Founded Year | Domain | Location | |
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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech 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 RelayHealth
RelayHealth has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AHI Software. 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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Patient access management software solutions are provided to healthcare facilities.
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2004 |
| 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 - RelayHealth
| 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 |
Relayhealth Comparisons
Competitors of RelayHealth
RelayHealth 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 Zelis Healthcare, Availity, HMS, Transparent Health Marketplace and Circulo Health, 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 |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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| domain | founded_year | HQ Location |
Cloud-based solutions are provided for healthcare payers and providers.
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| domain | founded_year | HQ Location |
Suite of cost containment solutions is provided to health plans.
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| domain | founded_year | HQ Location |
Online marketplace for connecting healthcare payors and providers is operated.
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| domain | founded_year | HQ Location |
Healthcare management software is developed for provider coordination.
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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 Relayhealth
Frequently Asked Questions about RelayHealth
When was RelayHealth founded?
RelayHealth was founded in 1990 and raised its 1st funding round 10 years after it was founded.
Where is RelayHealth located?
RelayHealth is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is RelayHealth a funded company?
RelayHealth is a funded company, having raised a total of $48.4M across 5 funding rounds to date. The company's 1st funding round was a Series E of $6.3M, raised on Feb 22, 2000.
What does RelayHealth do?
RelayHealth by connecting patients, providers, pharmacies, payors and pharmaceutical manufacturers enables the exchange of information securely and conveniently. Their clinical solutions include an enterprise HIE, care coordination module which connects providers in different care settings to allow them to be more collaborative and a patient portal providing patients with the tools to directly engage with their healthcare providers. RelayHealths financial solutions facilitate patient financial clearance before service, offer online patient account management and bill pay, and also help the claims and remittance management process. The RelayHealth Pharmacy Solutions manages the nations largest pharmacy network, providing connectivity to retail pharmacies, pharmaceutical manufacturers, and payers. In addition, they also have solutions for payers and educational solutions. In April 2016 US Department of Defence awarded a 139 million contract to RealyHealth to improve care coordination.
Who are the top competitors of RelayHealth?
RelayHealth's top competitors include Zelis Healthcare, Availity and HMS.
What products or services does RelayHealth offer?
RelayHealth offers Drug Ordering, Pharmacy Management Software, and Patient Engagement Solutions.
How many acquisitions has RelayHealth made?
RelayHealth has made 1 acquisition, including AHI Software.
Who are RelayHealth's investors?
RelayHealth has 6 investors. Key investors include McKesson, CCP Equity Partners, USVP, Venrock, and Lilly Ventures.