About SourceMedical
SourceMedical is a company based in Wallingford (United Kingdom) founded in 2001 was acquired by Surgical Information Systems in April 2017.. SourceMedical has raised $23.5 million across 4 funding rounds from investors including Abry Partners, Surgical Information Systems and VSS. The company has 314 employees as of December 31, 2022. SourceMedical has completed 2 acquisitions, including LaClaro and Medeview. SourceMedical offers products and services including SIS Complete, SIS Anesthesia, and SIS Analytics. SourceMedical operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
- Headquarter Wallingford, United Kingdom
- Employees 314 as on 31 Dec, 2022
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Surgical Information Systems, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$23.5 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
Abry Partners
& 3 more
-
Employee Count
314
as on Dec 31, 2022
-
Investments & Acquisitions
LaClaro
& 1 more
-
Acquired by
Surgical Information Systems
(Apr 25, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SourceMedical
SourceMedical offers a comprehensive portfolio of products and services, including SIS Complete, SIS Anesthesia, and SIS Analytics. 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 simplifying ASC operations and management.
Solution for documenting and managing anesthetic events.
Tool for turning perioperative data into actionable insights.
Funding Insights of SourceMedical
SourceMedical has successfully raised a total of $23.5M across 4 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 4
- Last Round Last Round
-
First Round
First Round
(18 Feb 2004)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Series E - SourceMedical | Valuation |
investors |
|
| Sep, 2012 | Amount | Private Equity Round - SourceMedical | Valuation |
investors |
|
| May, 2006 | Amount | Series E - SourceMedical | 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 SourceMedical
SourceMedical has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Abry Partners, Surgical Information Systems and VSS. 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 |
|---|---|---|---|---|
|
Private equity firm focused on healthcare, business services, and education sectors
|
Founded Year | Domain | Location | |
|
Abry Partners is engaged in middle market private equity investments.
|
Founded Year | Domain | Location | |
|
-
|
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 SourceMedical
SourceMedical has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LaClaro and Medeview. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Medical digital solutions are provided for healthcare applications.
|
2016 | ||||
|
Provider of SaaS-based automated workflow and management platform for healthcare professionals
|
2009 |
| 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 - SourceMedical
| 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 |
Sourcemedical Comparisons
Competitors of SourceMedical
SourceMedical 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, 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 |
AI-driven EMR and practice management software is delivered for clinics.
|
|
| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
|
|
| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
|
|
| domain | founded_year | HQ Location |
Clinical and financial solutions are delivered to ambulatory providers.
|
|
| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
|
|
| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
|
| 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.
|
Frequently Asked Questions about SourceMedical
When was SourceMedical founded?
SourceMedical was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is SourceMedical located?
SourceMedical is headquartered in Wallingford, United Kingdom.
Is SourceMedical a funded company?
SourceMedical is a funded company, having raised a total of $23.5M across 4 funding rounds to date. The company's 1st funding round was a Series E of $16M, raised on Feb 18, 2004.
How many employees does SourceMedical have?
As of Dec 31, 2022, the latest employee count at SourceMedical is 314.
What does SourceMedical do?
SourceMedical was founded in 2001 and is headquartered in Wallingford, United Kingdom. Outpatient information solutions and revenue cycle management services are provided to healthcare facilities, including ambulatory surgery centers and rehabilitation clinics. Data capture, exchange, and analysis are enabled through the companys technology to support patient care. Software modules cover billing, inventory management, scheduling, operations, and clinical functions, with operations focused on improving efficiency and revenue in the healthcare sector.
Who are the top competitors of SourceMedical?
SourceMedical's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
What products or services does SourceMedical offer?
SourceMedical offers SIS Complete, SIS Anesthesia, and SIS Analytics.
How many acquisitions has SourceMedical made?
Who are SourceMedical's investors?
SourceMedical has 4 investors. Key investors include Abry Partners, Surgical Information Systems, VSS, and ABS Capital.