About Stedi
Stedi is a company based in Boulder (United States) founded in 2017 by Zack Kanter.. Stedi has raised $72.38 million across 3 funding rounds. The company has 38 employees as of December 31, 2021. Stedi offers products and services including Eligibility Checks, Claims Processing, and EDI Platform. Stedi operates in a competitive market with competitors including Confluent, Informatica, Cleo, Nexla and Onna, among others.
- Headquarter Boulder, United States
- Employees 38 as on 31 Dec, 2021
- Founders Zack Kanter
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Stedi, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.38 M (USD)
in 3 rounds
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Latest Funding Round
$50.1 M (USD), Series B
Aug 17, 2020
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Investors
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Employee Count
38
as on Dec 31, 2021
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Products & Services of Stedi
Stedi offers a comprehensive portfolio of products and services, including Eligibility Checks, Claims Processing, and EDI Platform. 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.
Verifies patient eligibility in real time via APIs
Handles submission and processing of healthcare claims
Facilitates electronic data interchange for payers
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Funding Insights of Stedi
Stedi has successfully raised a total of $72.38M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50.1 million completed in August 2020. 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 3
- Last Round Series B — $50.1M
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First Round
First Round
(03 Mar 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Stedi | Valuation |
investors |
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| Jun, 2020 | Amount | Series A - Stedi | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - Stedi | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Stedi
| 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 |
Financial Statements - Stedi
| 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 |
Stedi Comparisons
Competitors of Stedi
Stedi 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 Confluent, Informatica, Cleo, Nexla and Onna, 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.
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Cleo is recognized for providing supply chain integration solutions.
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An AI-powered platform for data integration and management is developed.
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SaaS based eDiscovery
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| domain | founded_year | HQ Location |
Cloud-based platform for healthcare data capture and analysis is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stedi
Frequently Asked Questions about Stedi
When was Stedi founded?
Stedi was founded in 2017.
Where is Stedi located?
Stedi is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Who is the current CEO of Stedi?
Zack Kanter is the current CEO of Stedi. They have also founded this company.
Is Stedi a funded company?
Stedi is a funded company, having raised a total of $72.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 03, 2017.
How many employees does Stedi have?
As of Dec 31, 2021, the latest employee count at Stedi is 38.
What does Stedi do?
Stedi provides an EDI (Electronic Data Interchange) platform and API to automate transactions integrations between partners. The platform supports integrations with leading ERP systems webstores (including Flexport, Amazon, Walmart, Costco, NetSuite). Customers can connect to the platform and automatically integrate with various partners to exchange data and trade EDI-compliant documents such as purchase orders, invoices, and advance ship notices. The VAN (Value added network) used in the platform claims real-time transaction, processing, and error management capabilities. It is available for a one-time set-up fee along with a monthly subscription fee.
Who are the top competitors of Stedi?
Stedi's top competitors include Confluent, SPS Commerce and Cleo.
What products or services does Stedi offer?
Stedi offers Eligibility Checks, Claims Processing, and EDI Platform.
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