Talix

San Francisco, United States Founded: 2015 • Age: 11 yrs Acquired By Edifecs
Cloud and AI based analytics platform that provides healthcare risk adjustment solutions
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About Talix

Talix is a company based in San Francisco (United States) founded in 2015 was acquired by Edifecs in September 2021.. Talix has raised $18.5 million across 3 funding rounds from investors including Edifecs, Blue Cross and Blue Shield of Minnesota and Summit Partners. The company has 59 employees as of December 31, 2015. Talix offers products and services including EDI Gateway, FHIR Gateway, and Healthcare Cloud. Talix operates in a competitive market with competitors including Signifyd, Apixio, ThreatMetrix, Riskified and Alloy, among others.

  • Headquarter San Francisco, United States
  • Employees 59 as on 31 Dec, 2015
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Talix, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Artificial Intelligence & Machine Learning
Technology → Cybersecurity & Privacy Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.5 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    Edifecs

    & 6 more

  • Employee Count
    59

    as on Dec 31, 2015

  • Acquired by
    Edifecs

    (Sep 15, 2021)

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Products & Services of Talix

Talix offers a comprehensive portfolio of products and services, including EDI Gateway, FHIR Gateway, and Healthcare Cloud. 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.

Primary

Manages electronic data interchange for healthcare transactions

Facilitates FHIR-based data sharing and compliance

Integrates and automates healthcare operations for efficiency

Funding Insights of Talix

Talix has successfully raised a total of $18.5M across 3 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 Rounds 3
  • Last Round
  • First Round

    (11 Jan 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Series A - Talix Valuation

investors

Apr, 2018 Amount Series A - Talix Valuation

investors

Jan, 2016 Amount Series A - Talix Valuation Summit Partners
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 Talix

Talix has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Edifecs, Blue Cross and Blue Shield of Minnesota and Summit Partners. 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
Institutional
Angel
Investor Description Founded Year Domain Location
Summit Partners is recognized as a growth equity investment firm.
Founded Year Domain Location
Provides health insurance services to individuals and families.
Founded Year Domain Location

Richard D Harroch

Venture capitalist, angel investor, and author with extensive startup experience.
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 Talix

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 - Talix

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

Talix Comparisons

Employees
+
Add Comparison
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Competitors of Talix

Talix 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 Signifyd, Apixio, ThreatMetrix, Riskified and Alloy, 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
Provider of fraud prevention and payment validation for online retailers
domain founded_year HQ Location
Providing solutions for healthcare organization by optimizing costs and outcomes.
domain founded_year HQ Location
Fraud prevention and context based authentication solution
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
domain founded_year HQ Location
AI-powered data and decision intelligence solutions are provided for businesses.
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 Talix

Frequently Asked Questions about Talix

When was Talix founded?

Talix was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Talix located?

Talix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Talix a funded company?

Talix is a funded company, having raised a total of $18.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $14M, raised on Jan 11, 2016.

How many employees does Talix have?

As of Dec 31, 2015, the latest employee count at Talix is 59.

What does Talix do?

Talix was founded in 2015 in San Francisco, United States, within the healthcare analytics sector. A cloud and AI-based platform, known as the HealthData Engine, is operated to deliver risk management solutions for provider organizations, health plans, and ACOs. Patient data from EMRs is analyzed using medical taxonomy, clinical NLP, and coding rules to generate insights on coding accuracy, patient outcomes, risk scores, and cost efficiencies.

Who are the top competitors of Talix?

Talix's top competitors include ComplyAdvantage, Riskified and Quantexa.

What products or services does Talix offer?

Talix offers EDI Gateway, FHIR Gateway, and Healthcare Cloud.

Who are Talix's investors?

Talix has 7 investors. Key investors include Edifecs, Blue Cross and Blue Shield of Minnesota, Summit Partners, Richard D Harroch, and Phil Dur.

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