About SCIO Health Analytics
SCIO Health Analytics is a company based in West Hartford (United States) founded in 2007 by Karthik Krishnaswami was acquired by EXL in May 2018. SCIO Health Analytics has raised $17.93 million across 3 funding rounds from investors including EXL, SVB and Saama Capital. The company has 1,683 employees as of April 08, 2024. SCIO Health Analytics has completed 3 acquisitions, including CVInfosys, Data Intel and SOCRATES. SCIO Health Analytics operates in a competitive market with competitors including Functional Finance, InsurePay, Ascend, AIR Worldwide and ePayPolicy, among others.
- Headquarter West Hartford, United States
- Employees 1683 as on 08 Apr, 2024
- Founders Karthik Krishnaswami
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Sectors
HealthcareFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Scioinspire Consulting Services (India) Private Limited
- Date of Incorporation 07 Nov, 2007
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$23.63 M (USD)38.99as on Mar 31, 2023
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Net Profit
$2.09 M (USD)16.97as on Mar 31, 2023
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EBITDA
$3.94 M (USD)17.46as on Mar 31, 2023
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Total Equity Funding
$17.93 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Series B
Jan 14, 2015
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Investors
EXL
& 3 more
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Employee Count
1683
as on Apr 08, 2024
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Investments & Acquisitions
CVInfosys
& 2 more
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Acquired by
EXL
(May 01, 2018)
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Funding Insights of SCIO Health Analytics
SCIO Health Analytics has successfully raised a total of $17.93M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in January 2015. 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 SCIO Health Analytics
SCIO Health Analytics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EXL, SVB and Saama Capital.
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Sequoia Capital is engaged in venture capital investments.
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Venture capital investments and partnerships in diverse sectors.
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Banking services are provided to innovative companies, investors, and individuals.
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Investor details for SCIO Health Analytics
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Investments & Acquisitions by SCIO Health Analytics
SCIO Health Analytics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CVInfosys, Data Intel and SOCRATES.
Investment portfolio details for SCIO Health Analytics
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Medicare Advantage risk adjustment solutions are provided to health plans.
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Business intelligence solutions for pharmaceutical sales and marketing are provided.
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Offers comprehensive HR management services to businesses.
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Locked | Locked | 1991 | Locked |
Complete acquisition details for SCIO Health Analytics
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Verified entity values are shown only after access is granted.
Financial Statements - SCIO Health Analytics
Detailed financials for SCIO Health Analytics
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Scio Health Analytics Comparisons
Peer comparison for SCIO Health Analytics
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Competitors of SCIO Health Analytics
SCIO Health Analytics 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 Functional Finance, InsurePay, Ascend, AIR Worldwide and ePayPolicy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online payment platform for insurance companies
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Cloud-based payroll integration is provided for insurance premium collection.
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Online insurance payments and premium financing are enabled for businesses.
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Cloud-based risk management solutions for insurance are provided.
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Insurance payments are collected online via ACH and credit cards.
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Detailed competitors of SCIO Health Analytics
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Latest news on Scio Health Analytics
Complete news archive for SCIO Health Analytics
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Frequently Asked Questions about SCIO Health Analytics
SCIO Health Analytics was founded in 2007 and raised its 1st funding round 1 year after it was founded.
SCIO Health Analytics is headquartered in West Hartford, United States. It is registered at West Hartford, Connecticut, United States.
SCIO Health Analytics is a funded company, having raised a total of $17.93M across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at SCIO Health Analytics is 1,683.
Annual revenue of SCIO Health Analytics is $23.63M as on Mar 31, 2023.
Founded in 2007 and headquartered in West Hartford, United States, operations are focused on the healthcare sector. Payment integrity solutions are delivered to support organizations in identifying claims errors, overpayments, and other issues. Consumer analytics are offered to generate insights into preferences and behaviors that influence engagement. The SCIOMine suite is utilized for analytics, audit workflows, and reporting to facilitate informed decision-making by health managers.
SCIO Health Analytics's top competitors include Functional Finance, Ascend and AIR Worldwide.
SCIO Health Analytics has made 3 acquisitions, including CVInfosys, Data Intel, and SOCRATES.
SCIO Health Analytics has 4 investors. Key investors include EXL, SVB, Saama Capital, and Sequoia Capital.