About Sound Physicians
Sound Physicians is a company based in Tacoma (United States) founded in 2001 was acquired by Summit Partners in April 2018.. Sound Physicians has raised $2.22 billion across 4 funding rounds from investors including Optum, Accel and Fresenius. The company has 4,307 employees as of December 31, 2020. Sound Physicians has completed 2 acquisitions, including Cogent Healthcare and iNDIGO Health Partners. Sound Physicians offers products and services including Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia. Sound Physicians operates in a competitive market with competitors including TeamHealth Holdings, Surgery Partners, Matrix Medical Network, Shields Health Solutions and Vanguard Healthcare Solutions, among others.
- Headquarter Tacoma, United States
- Employees 4307 as on 31 Dec, 2020
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.22 B (USD)
in 4 rounds
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Latest Funding Round
$2.2 B (USD), Private Equity Round
Jun 28, 2018
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Investors
Optum
& 9 more
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Employee Count
4307
as on Dec 31, 2020
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Investments & Acquisitions
Cogent Healthcare
& 1 more
- Acquired by
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Products & Services of Sound Physicians
Sound Physicians offers a comprehensive portfolio of products and services, including Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia. 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.
Provides acute emergency care in hospital settings for critical patient needs.
Delivers intensive care services for seriously ill patients in hospitals.
Offers virtual health consultations and monitoring for remote patient support.
Manages general hospital inpatient care and coordination for patients.
Administers anesthesia for surgical procedures in hospital environments.
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Leadership Team
42 people
Software Development Team
18 people
Operations Team
16 people
Finance and Accounting
16 people
Sales and Marketing
10 people
Senior Team
6 people
Human Resources and Administration
3 people
Intensivist Team
1 people
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Funding Insights of Sound Physicians
Sound Physicians has successfully raised a total of $2.22B across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $2.2 billion completed in June 2018. 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 4
- Last Round Private Equity Round — $2.2B
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First Round
First Round
(07 May 2002)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Private Equity Round - Sound Physicians | Valuation |
investors |
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| Jun, 2018 | Amount | Private Equity Round - Sound Physicians | Valuation |
investors |
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| Sep, 2006 | Amount | Series B - Sound Physicians | 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 Sound Physicians
Sound Physicians has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Optum, Accel and Fresenius. 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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Global private equity investments are managed by the firm.
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Founded Year | Domain | Location | |
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Mid-market companies are targeted for private equity investments.
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Founded Year | Domain | Location | |
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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 Sound Physicians
Sound Physicians has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cogent Healthcare and iNDIGO Health Partners. 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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Physician staffing and practice management services are provided.
|
1999 | ||||
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Provider of emergency medicine, transitional care and physician advisory services
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1993 |
| 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 - Sound Physicians
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sound Physicians Comparisons
Competitors of Sound Physicians
Sound Physicians 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 TeamHealth Holdings, Surgery Partners, Matrix Medical Network, Shields Health Solutions and Vanguard Healthcare Solutions, 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 |
Hospital-based clinical outsourcing
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| domain | founded_year | HQ Location |
Surgical facilities and ancillary services are operated nationwide.
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| domain | founded_year | HQ Location |
Data analytics and managed services are provided for healthcare sectors.
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| domain | founded_year | HQ Location |
Pharmacy acceleration services are provided to healthcare organizations nationwide.
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| domain | founded_year | HQ Location |
Outsourced mobile clinical services are provided to healthcare facilities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 Sound Physicians
Frequently Asked Questions about Sound Physicians
When was Sound Physicians founded?
Sound Physicians was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Where is Sound Physicians located?
Sound Physicians is headquartered in Tacoma, United States. It is registered at Tacoma, Washington, United States.
Is Sound Physicians a funded company?
Sound Physicians is a funded company, having raised a total of $2.22B across 4 funding rounds to date.
How many employees does Sound Physicians have?
As of Dec 31, 2020, the latest employee count at Sound Physicians is 4,307.
What does Sound Physicians do?
Sound Physicians was founded in 2001 in Tacoma, United States, within the healthcare sector. Services in emergency medicine, critical care, hospital medicine, transitional care, and advisory support are provided to clinics and hospitals. Operations focus on reducing avoidable readmissions, managing patients with frequent visits, and enhancing workflow collaboration across acute care settings.
Who are the top competitors of Sound Physicians?
Sound Physicians's top competitors include Surgery Partners, TeamHealth Holdings and Surgical Affiliates.
What products or services does Sound Physicians offer?
Sound Physicians offers Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia.
How many acquisitions has Sound Physicians made?
Sound Physicians has made 2 acquisitions, including Cogent Healthcare, and iNDIGO Health Partners.
Who are Sound Physicians's investors?
Sound Physicians has 10 investors. Key investors include Optum, Accel, Fresenius, Conning, and Athyrium Capital Management.