Rhapsody

Boston, United States Founded: 2018 • Age: 8 yrs Acquired By Hg
Interoperability solutions for healthcare data exchange are provided by Rhapsody.
Annual revenue - Latest available
Total funding $13.2M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Rhapsody

Rhapsody is a company based in Boston (United States) founded in 2018 was acquired by Hg in October 2018. It operates as a SaaS (Software-as-a-Service), Professional Services, and HealthTech. Rhapsody has raised $13.22 million across 2 funding rounds from investors including Hg. Rhapsody has completed 2 acquisitions, including CareCom and NextGate. Rhapsody offers products and services including Digital Health Enablement Platform, Corepoint for Analysts, Rhapsody for Developers, Envoy Automated Integrations, and DICOM Automated Integrations. Rhapsody operates in a competitive market with competitors including Dedalus, Health Gorilla, Hart, Cambridge Soft and Famedly, among others.

  • Headquarter Boston, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13.22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $13.22 M (USD), Series A

    Sep 29, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    CareCom

    & 1 more

  • Acquired by
    Hg

    (Oct 31, 2018)

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Products & Services of Rhapsody

Rhapsody offers a comprehensive portfolio of products and services, including Digital Health Enablement Platform, Corepoint for Analysts, Rhapsody for Developers, Envoy Automated Integrations, and DICOM Automated Integrations.

Product name locked
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Primary

Platform enabling interoperability for digital health solutions.

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Integration tool designed for healthcare data analysts.

Product name locked
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Development tool for healthcare data integration solutions.

Product name locked
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Automated integration solution for healthcare data workflows.

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Automated integration for medical imaging data exchange.

People of Rhapsody

Headcount 200-500
Employee Profiles 54
Employee Profiles
People
Quintonn Rothmann
Senior Software Engineer
People
Corinne Pellows
Director Of Product Management
People
Harmeet Sooden
Architect, Knowledge Management
People
Lee Jelley
Senior Cloud Architect

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Funding Insights of Rhapsody

Rhapsody has successfully raised a total of $13.22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.22 million completed in September 2023. 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 Rhapsody

Rhapsody has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hg.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments in Europe are managed by Hg.
Locked Locked Locked
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Investor details for Rhapsody

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Rhapsody

Rhapsody has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CareCom and NextGate.

Investments
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Investment portfolio details for Rhapsody

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Radio-controlled models and hobby products are distributed wholesale.
Locked Locked 2005 Locked
Cloud-based interoperability platform for healthcare data exchange is provided.
Locked Locked 1999 Locked
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Complete acquisition details for Rhapsody

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Financial Statements - Rhapsody

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Detailed financials for Rhapsody

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Rhapsody Comparisons

Rhapsody Primary company
Description
Interoperability solutions for healthcare data exchange are ...
Location
Boston, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Rhapsody

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Competitors of Rhapsody

Rhapsody 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 Dedalus, Health Gorilla, Hart, Cambridge Soft and Famedly, among others.

Company Name Domain Founded year HQ Location Description
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Advanced software solutions for healthcare interoperability are provided.
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Healthcare information network platform is provided for patient data access.
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Health data is integrated and accessed through a digital platform.
Locked Locked Locked
Discovery and collaboration platforms for scientific industries are offered.
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A secure communication platform is provided for healthcare professionals.
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Detailed competitors of Rhapsody

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Latest news on Rhapsody

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Complete news archive for Rhapsody

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Rhapsody

Rhapsody was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Rhapsody is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Rhapsody is a funded company, having raised a total of $13.22M across 2 funding rounds to date.

Rhapsody is established as a leader in digital health interoperability, offering a platform that integrates healthcare data across various systems. Solutions provided by Rhapsody are utilized by payers, providers, health systems, and public health agencies in 31 countries. The companys technology foundation is built to support API, FHIR, and HL7 integration, enabling efficient EHR integration and scalable data exchange. Services are extended to ambulatory clinics, imaging centers, and labs, addressing challenges like cloud migration and Epic migration support. Innovation in healthcare is facilitated through automation tools and expert-led integration tasks, ensuring faster onboarding and revenue realization for clients.

Rhapsody's top competitors include Dedalus, Health Gorilla and Famedly.

Rhapsody offers Digital Health Enablement Platform, Corepoint for Analysts, Rhapsody for Developers, Envoy Automated Integrations, and DICOM Automated Integrations.

Rhapsody has made 2 acquisitions, including CareCom, and NextGate.

Rhapsody has 1 investor. Key investors include Hg.

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