About SyTrue
SyTrue is a Healthcare company based in Chico (United States) founded in 2012, and was acquired by ClaimLogiq in July 2022. Multi-sourced medical data is converted into actionable clinical insights. It operates in the Healthcare and Technology sectors. The company has 15 employees. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is SYTRUE, INC. Its competitors include Rockset, Cota Healthcare and 1010data; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Chico, United States
- Employees 15
- Stage Acquired
- SectorsHealthcareTechnology
- Website sytrue.com
- Social LinkedIn X
- Acquired by ClaimLogiq (Jul 2022)
- Legal Name Sytrue, Inc.
- InvestorsClaimLogiq
& 1 more
- Employee Count15
- Acquired byClaimLogiq
(Jul 2022)
Funding Insights of SyTrue
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of SyTrue with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt are provided to middle market companies. | riversidecompany.com | |||
Insurance claims management software is provided for review and validation. | 2013 | claimlogiq.com | Mount Pleasant, United States |
Investor details for SyTrue
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of SyTrue
5 people are tracked at SyTrue (5 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Kyle Silvestro | CEO | Leadership |
Marian Vasile Caraiman | Chief Architect | Leadership |
Tracy Gregory | Chief Information Officer | Leadership |
Chad Wege | Vice President Product And PMO | Leadership |
Erik Woods | Human Resources Director | Leadership |
Complete people profiles for SyTrue
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Timeline of SyTrue
3 dated milestones of SyTrue across 10 years, from founding to its latest funding, stage changes and deals.
- Founded SyTrue is founded.
- Funding First funding round.
- Exit Acquired by ClaimLogiq.
Competitors of SyTrue
SyTrue has 3 listed competitors in our database, 3 of them funded. They include Rockset, Cota Healthcare and 1010data.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rockset.com | 2016 | San Mateo, United States | $105.5M | 76 | Serverless search and analytics engine is offered for data-driven applications. | |
| cotahealthcare.com | 2013 | New York, United States | $120.7M | 70 | A data and technology platform for value-based precision medicine | |
| 1010data.com | 2000 | New York, United States | $35M | 134 | Cloud-based platform for big data analytics and discovery is provided. |
Detailed competitors of SyTrue
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as SyTrue (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Sytrue
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Frequently Asked Questions about SyTrue
SyTrue was founded in 2012 and raised its 1st funding round 9 years after it was founded.
SyTrue is headquartered in Chico, United States. It is registered at Chico, California, United States.
SyTrue has 15 employees.
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.
SyTrue's top competitors include Cota Healthcare, Rockset and 1010data.
SyTrue has 2 investors. Key investors include ClaimLogiq, and The Riverside Company.
SyTrue operates through Sytrue, Inc..
Yes. SyTrue was acquired by ClaimLogiq in July 2022.