About TPA Stream
TPA Stream is a company based in Cleveland (United States) founded in 2014 by Eric Sukalac and Stephen Fuhry.. TPA Stream has raised $3.42 million across 6 funding rounds from investors including Plug and Play Tech Center, JumpStart and Tamiami Angel Funds. TPA Stream offers products and services including Consolidated Invoicing, Communications, Claims Harvesting, and sFTP Software Development Kit. TPA Stream operates in a competitive market with competitors including NRC Health, Alegeus, MedXoom, Nomi Health and Ribbon Health, among others.
- Headquarter Cleveland, United States
- Founders Eric Sukalac, Stephen Fuhry
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Sectors
Healthcare
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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 Tpa Stream 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
$3.42 M (USD)
in 6 rounds
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Latest Funding Round
$150 K (USD), Debt – Conventional
Oct 22, 2024
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Products & Services of TPA Stream
TPA Stream offers a comprehensive portfolio of products and services, including Consolidated Invoicing, Communications, Claims Harvesting, and sFTP Software Development Kit. 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.
Automates employee benefits billing and invoicing for accurate payments.
Enables relevant email communications for employers and participants.
Secures and processes claims files for quick reimbursement.
Facilitates secure file transfers for system integrations.
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Funding Insights of TPA Stream
TPA Stream has successfully raised a total of $3.42M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 thousand completed in October 2024. 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 6
- Last Round Debt – Conventional — $150,000
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First Round
First Round
(31 Aug 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Debt – Conventional - TPA Stream | Valuation |
investors |
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| Dec, 2023 | Amount | Seed - TPA Stream | Valuation |
investors |
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| Sep, 2019 | Amount | Seed - TPA Stream | Valuation | North Coast Ventures |
| 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 |
Investors in TPA Stream
TPA Stream has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, JumpStart and Tamiami Angel Funds. 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.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Early-stage high-potential companies are funded by Tamiami Angel Funds.
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Founded Year | Domain | Location | |
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Startups are accelerated via a 12-week investment program in Cleveland.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TPA Stream
| 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 - TPA Stream
| 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 |
Tpa Stream Comparisons
Competitors of TPA Stream
TPA Stream 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 NRC Health, Alegeus, MedXoom, Nomi Health and Ribbon 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 solutions that facilitate measurement and improvement of the patient and employee experience
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| domain | founded_year | HQ Location |
Healthcare benefits are administered via tax-advantaged account platforms.
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| domain | founded_year | HQ Location |
Cloud-based health benefits management platform for employers, patients, and providers
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| domain | founded_year | HQ Location |
Diversified systems and services for health care are provided.
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| domain | founded_year | HQ Location |
Predictive analytics platform is provided for healthcare providers.
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| domain | founded_year | HQ Location |
Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tpa Stream
Frequently Asked Questions about TPA Stream
When was TPA Stream founded?
TPA Stream was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is TPA Stream located?
TPA Stream is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of TPA Stream?
Jacob Sheridan is the current CEO of TPA Stream.
Is TPA Stream a funded company?
TPA Stream is a funded company, having raised a total of $3.42M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Aug 31, 2017.
What does TPA Stream do?
TPA Stream was founded in 2014 in Cleveland, United States, within the healthcare technology sector. A cloud-based platform is provided to third-party administrators for automating the collection and sharing of healthcare claims data, including Explanation of Benefits documents. Operations focus on supporting benefit administrators and revenue cycle managers in handling claim denials and insurance administration processes across the United States.
Who are the top competitors of TPA Stream?
TPA Stream's top competitors include MedXoom, Nomi Health and Ribbon Health.
What products or services does TPA Stream offer?
TPA Stream offers Consolidated Invoicing, Communications, Claims Harvesting, and sFTP Software Development Kit.
Who are TPA Stream's investors?
TPA Stream has 5 investors. Key investors include Plug and Play Tech Center, JumpStart, Tamiami Angel Funds, North Coast Ventures, and M7holdings.
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