SCI Solutions

Seattle, United States Founded: 1998 • Age: 28 yrs Acquired By R1 RCM
Provides patient access, and care coordination software
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About SCI Solutions

SCI Solutions is a company based in Seattle (United States) founded in 1998 was acquired by R1 RCM in January 2020.. SCI Solutions has raised $1.01 million across 3 funding rounds from investors including R1 RCM, ORIX India and NEA. SCI Solutions has completed 4 acquisitions, including Clarity Health, DatStat and Tonic Health. SCI Solutions operates in a competitive market with competitors including Birdie, Lumeon, Log My Care, Healthify and PatientPing, among others.

  • Headquarter Seattle, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.01 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    R1 RCM

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    R1 RCM

    (Jan 13, 2020)

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Funding Insights of SCI Solutions

SCI Solutions has successfully raised a total of $1.01M across 3 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 Rounds 3
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2015 Amount Debt – Conventional - SCI Solutions Valuation

investors

Aug, 2011 Amount Series A - SCI Solutions Valuation

investors

Jun, 1998 Amount Unspecified - SCI Solutions Valuation

investors

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 SCI Solutions

SCI Solutions has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include R1 RCM, ORIX India and NEA. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Limited information is provided about Wicks Group's activities.
Founded Year Domain Location
Rental and leasing services for motor vehicles are offered.
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 SCI Solutions

SCI Solutions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Clarity Health, DatStat and Tonic Health. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
A patient data collection and payment platform is provided by Tonic Health.
2010
EHR solutions are provided for labs, providers, and vendors.
2009
Care coordination solutions are delivered to healthcare organizations.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SCI Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sci Solutions Comparisons

Employees
+
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Competitors of SCI Solutions

SCI Solutions 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 Birdie, Lumeon, Log My Care, Healthify and PatientPing, 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
Cloud-based software for elderly care management is provided.
domain founded_year HQ Location
A real-time platform for viewing entire patient journeys is provided.
domain founded_year HQ Location
Provider of a care management platform for care providers
domain founded_year HQ Location
SaaS platform for care coordination is provided to health organizations.
domain founded_year HQ Location
Cloud-based care coordination is enabled for healthcare providers.
domain founded_year HQ Location
Cloud-based care coordination solutions are provided for healthcare providers.
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.

Latest news on Sci Solutions

Frequently Asked Questions about SCI Solutions

When was SCI Solutions founded?

SCI Solutions was founded in 1998.

Where is SCI Solutions located?

SCI Solutions is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is SCI Solutions a funded company?

SCI Solutions is a funded company, having raised a total of $1.01M across 3 funding rounds to date.

What does SCI Solutions do?

SCI Solutions is one of health industrys leading patient access, and care coordination software firm. Provider networks utilize SCIs service to coordinate patient care transitions, obtain insurance pre-authorization, schedule patients, automate referrals and manage orders. An integrated and easy-to-use business analytics toolset identifies opportunities and monitors performance. Their platform is helping hospitals and health systems coordinate and facilitate important steps necessary for patients to get access to the care they need quickly, such as lab work and imaging tests. With this technology hospitals and referring physicians electronically can manage the end-to-end process for care coordination, including electronic transfer of medical referrals and orders, automated insurance authorizations, and online patient appointment scheduling.

Who are the top competitors of SCI Solutions?

SCI Solutions's top competitors include Birdie, Lumeon and PatientPing.

How many acquisitions has SCI Solutions made?

SCI Solutions has made 4 acquisitions, including Clarity Health, DatStat, and Tonic Health.

Who are SCI Solutions's investors?

SCI Solutions has 4 investors. Key investors include R1 RCM, ORIX India, NEA, and Wicks Group.

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