SyTrue

Chico, United States Founded: 2012 • Age: 14 yrs Acquired By ClaimLogiq
Multi-sourced medical data is converted into actionable clinical insights.
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About SyTrue

SyTrue is a company based in Chico (United States) founded in 2012 was acquired by ClaimLogiq in July 2022.. The company has 15 employees as of December 31, 2022. SyTrue operates in a competitive market with competitors including Rockset, Cota Healthcare, Iguazio, Pecan and 1010data, among others.

  • Headquarter Chico, United States
  • Employees 15 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sytrue, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ClaimLogiq

    & 1 more

  • Employee Count
    15

    as on Dec 31, 2022

  • Acquired by
    ClaimLogiq

    (Jul 27, 2022)

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People of SyTrue
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Marian Vasile Caraiman
Chief Architect
People
Chad Wege
Vice President Product And PMO
People
Erik Woods
Human Resources Director

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Funding Insights of SyTrue

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Seed - SyTrue 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 SyTrue

SyTrue has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ClaimLogiq and The Riverside Company. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity and debt are provided to middle market companies.
Founded Year Domain Location
Insurance claims management software is provided for review and validation.
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 SyTrue

Investments
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

Financial Statements - SyTrue

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sytrue Comparisons

Employees
+
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Competitors of SyTrue

SyTrue 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 Rockset, Cota Healthcare, Iguazio, Pecan and 1010data, 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
Serverless search and analytics engine is offered for data-driven applications.
domain founded_year HQ Location
A data and technology platform for value-based precision medicine
domain founded_year HQ Location
Streaming analytics platform provided for multiple industries worldwide.
domain founded_year HQ Location
AI-based predictive intelligence platform
domain founded_year HQ Location
Cloud-based platform for big data analytics and discovery is provided.
domain founded_year HQ Location
SaaS platform for metering, pricing, and analytics is provided.
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.

Latest news on Sytrue

Frequently Asked Questions about SyTrue

When was SyTrue founded?

SyTrue was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Where is SyTrue located?

SyTrue is headquartered in Chico, United States. It is registered at Chico, California, United States.

How many employees does SyTrue have?

As of Dec 31, 2022, the latest employee count at SyTrue is 15.

What does SyTrue do?

SyTru offers a business and clinical intelligence platform that converts huge multi-sourced medical data into actionable data that could potentially help the physicians. SyTrues PaaS, turns unstructured information into semantically interoperable content that can be leveraged to automate ICD-10 clinical coding.They have built an OS (NLP OS) that uses an integrated process and accounts for the variations in language, spelling, document types and coding requirements, saving companies the time and expense that comes with using a scripted language to clean data.

Who are the top competitors of SyTrue?

SyTrue's top competitors include Cota Healthcare, m3ter and Pendulum.

Who are SyTrue's investors?

SyTrue has 2 investors. Key investors include ClaimLogiq, and The Riverside Company.

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