SpectraMedix

East Windsor, United States Founded: 2009 • Age: 17 yrs
Clinical and business intelligence solutions are provided to healthcare organizations.
Annual revenue $2.6M Latest available
Total funding $2.4M 1 rounds
Employees 121 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About SpectraMedix

SpectraMedix is a company based in East Windsor (United States) founded in 2009. SpectraMedix has raised $2.4 million across 1 funding round. The company has 121 employees as of March 29, 2024. SpectraMedix offers products and services including VBP Platform, VBP Analytics Suite, Provider Collaboration Portal, and VBP Contract Modeler. SpectraMedix operates in a competitive market with competitors including Change Healthcare, Vena Marketing, Innovaccer, Workday Adaptive Planning and Zelis Healthcare, among others.

  • Headquarter East Windsor, United States
  • Employees 121 as on 29 Mar, 2024
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Spectramedix India Private Limited
  • Date of Incorporation 01 Aug, 2014
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.65 M (USD)
    43.08
    as on Mar 31, 2023
  • Net Profit
    $184.1 K (USD)
    60.94
    as on Mar 31, 2023
  • EBITDA
    $246.23 K (USD)
    -21.09
    as on Mar 31, 2023
  • Total Equity Funding
    $2.4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.4 M (USD), Series A

    Jul 16, 2015

  • Investors
    Not available
  • Employee Count
    121

    as on Mar 29, 2024

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Products & Services of SpectraMedix

SpectraMedix offers a comprehensive portfolio of products and services, including VBP Platform, VBP Analytics Suite, Provider Collaboration Portal, and VBP Contract Modeler.

Product name locked
Category locked
Primary

Integrated solution for value-based contract management and health plan success.

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Offers insights into quality, risk, and utilization performance metrics.

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Empowers providers to understand and improve contract performance.

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Designs and simulates value-based contracts at scale.

People of SpectraMedix

Headcount 50-200
Employee Profiles 5
Board Members and Advisors 6
Employee Profiles
People
Sean Kelly
Senior Vice President Growth & Business Development
People
David Moore
VP, Sales & Business Development
People
Rahul Lakhanpal
Chief of Staff
People
Raj Lakhanpal
Chief Executive Officer

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Board Members and Advisors
people
David Bernard
Advisor
people
Jay Srini
Advisor
people
Sandeep Tyagi
Director
people
Jassi Chadha
Member Of The Board Of Directors

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Funding Insights of SpectraMedix

SpectraMedix has successfully raised a total of $2.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.4 million completed in July 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.

Investments & Acquisitions by SpectraMedix

Investments
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Investment portfolio details for SpectraMedix

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Financial Statements - SpectraMedix

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Detailed financials for SpectraMedix

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Spectramedix Comparisons

SpectraMedix Primary company
Description
Clinical and business intelligence solutions are provided to...
Location
East Windsor, United States
Founded Year
2009
Annual Revenue
$2.65 M (USD)
Net Profit
$184.1 K (USD)
EBITDA
$246.23 K (USD)
Employees
121
As of 2024
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Peer comparison for SpectraMedix

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Competitors of SpectraMedix

SpectraMedix 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 Change Healthcare, Vena Marketing, Innovaccer, Workday Adaptive Planning and Zelis Healthcare, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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AI-powered financial planning and accounting software is offered.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Cloud-based financial planning and analytics are delivered via SaaS.
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Cloud-based EPM applications for financial planning and analytics are delivered.
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Detailed competitors of SpectraMedix

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Latest news on Spectramedix

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Frequently Asked Questions about SpectraMedix

SpectraMedix was founded in 2009 and raised its 1st funding round 6 years after it was founded.

SpectraMedix is headquartered in East Windsor, United States. It is registered at East Windsor, New Jersey, United States.

SpectraMedix is a funded company, having raised a total of $2.4M across 1 funding round to date.

As of Mar 29, 2024, the latest employee count at SpectraMedix is 121.

Annual revenue of SpectraMedix is $2.65M as on Mar 31, 2023.

Founded in 2009 and based in East Windsor, United States, SpectraMedix operates in the healthcare sector. Solutions are offered to healthcare organizations to support performance improvements and transitions to risk-based payment models. The SpectraMedix 360 platform is utilized, incorporating eMeasures360 for quality measures and care gap identification, PredictiveCare360 for risk initiatives, and AccountableCare360 for ACO data analysis and reporting.

SpectraMedix's top competitors include Change Healthcare, Innovaccer and Workday Adaptive Planning.

SpectraMedix offers VBP Platform, VBP Analytics Suite, Provider Collaboration Portal, and VBP Contract Modeler.

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