TC3 Health

Irvine, United States Founded: 2001 • Age: 25 yrs Acquired By Emdeon
Offers payment validity solutions to healthcare payers
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About TC3 Health

TC3 Health is a company based in Irvine (United States) founded in 2001 was acquired by Emdeon in May 2012.. TC3 Health has raised $12.25 million across 2 funding rounds from investors including Emdeon, TPE Boulder and JMI Management. TC3 Health operates in a competitive market with competitors including Payspan, MiyaHealth, Free Market Health, Rialtic and Enlace Health, among others.

  • Headquarter Irvine, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.25 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Oct 09, 2006

  • Investors
    Emdeon

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Emdeon

    (May 07, 2012)

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Funding Insights of TC3 Health

TC3 Health has successfully raised a total of $12.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in October 2006. 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 2
  • Last Round Series B — $10.0M
  • First Round

    (28 May 2004)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2006 Amount Series B - TC3 Health Valuation

investors

May, 2004 Amount Series B - TC3 Health 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 TC3 Health

TC3 Health has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Emdeon, TPE Boulder and JMI Management. 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
Investor Description Founded Year Domain Location
Private equity investments are made in profitable software companies.
Founded Year Domain Location
Private equity firm investing in software companies
Founded Year Domain Location
Provides revenue and payment cycle management solutions
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 TC3 Health

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 - TC3 Health

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

Tc3 Health Comparisons

Employees
+
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Competitors of TC3 Health

TC3 Health 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 Payspan, MiyaHealth, Free Market Health, Rialtic and Enlace Health, 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 payment and reimbursement solutions
domain founded_year HQ Location
Digital medical cost management solution for payors and employers
domain founded_year HQ Location
Digital medication cost analysis and management tool for payers and pharmacies
domain founded_year HQ Location
Payment solutions for healthcare sectors
domain founded_year HQ Location
Provider of data analytics and other IT infrastructure management services
domain founded_year HQ Location
Payment integrity software and solutions are provided for healthcare payers.
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 Tc3 Health

Frequently Asked Questions about TC3 Health

When was TC3 Health founded?

TC3 Health was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Where is TC3 Health located?

TC3 Health is headquartered in Irvine, United States. It is registered at Irvine, California, United States.

Is TC3 Health a funded company?

TC3 Health is a funded company, having raised a total of $12.25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $2.25M, raised on May 28, 2004.

What does TC3 Health do?

TC3 Health was founded in 2001 and is based in Irvine, United States. Operations focus on the healthcare sector, where payment integrity solutions are delivered to payers. The TruClaim suite is utilized for predictive fraud analytics, pre- and post-pay detection, rules-driven diagnostics, clinical coding compliance, duplicate detection, case tracking, out-of-network repricing via AccessPlus, and data analytics support. These services aid in fraud prevention and cost control.

Who are the top competitors of TC3 Health?

TC3 Health's top competitors include Free Market Health, Enlace Health and MiyaHealth.

Who are TC3 Health's investors?

TC3 Health has 3 investors. Key investors include Emdeon, TPE Boulder, and JMI Management.

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