TransEngen

Shelton, United States Founded: 2006 • Age: 20 yrs Acquired By VirMedica
Payment processing solutions for the healthcare providers
Annual revenue - Latest available
Total funding $10.5M 5 rounds
Employees 13 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About TransEngen

TransEngen is a company based in Shelton (United States) founded in 2006 was acquired by VirMedica in February 2015. TransEngen has raised $10.5 million across 5 funding rounds from investors including VirMedica, Lemhi Ventures and Carlson Capital. The company has 13 employees as of December 31, 2014. TransEngen operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, among others.

  • Headquarter Shelton, United States
  • Employees 13 as on 31 Dec, 2014
  • Sectors
    Healthcare
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.5 M (USD), Series C

    Aug 09, 2010

  • Investors
    VirMedica

    & 2 more

  • Employee Count
    13

    as on Dec 31, 2014

  • Acquired by
    VirMedica

    (Feb 19, 2015)

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Funding Insights of TransEngen

TransEngen has successfully raised a total of $10.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $2.5 million completed in August 2010. 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.

Investors in TransEngen

TransEngen has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include VirMedica, Lemhi Ventures and Carlson Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are focused on healthcare system transformation.
Locked Locked Locked
Carlson Capital is engaged in alternative asset management services.
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Technology solutions for improving patient access to specialty pharmacy prodcuts
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Investor details for TransEngen

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Investments & Acquisitions by TransEngen

Investments
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Investment portfolio details for TransEngen

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Financial Statements - TransEngen

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Detailed financials for TransEngen

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Transengen Comparisons

TransEngen Primary company
Description
Payment processing solutions for the healthcare providers
Location
Shelton, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
13
As of 2014
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Peer comparison for TransEngen

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Competitors of TransEngen

TransEngen 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 Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Clinical payment technology for patient transactions in research is provided.
Locked Locked Locked
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
Locked Locked Locked
Cloud-based payment solutions are provided for healthcare billing and analytics.
Locked Locked Locked
Cloud-based patient revenue management is delivered to healthcare providers.
Locked Locked Locked
AI medical billing software for healthcare professionals and organizations
Locked Locked Locked
Healthcare bill payments are facilitated for providers and patients.
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Detailed competitors of TransEngen

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Latest news on Transengen

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Complete news archive for TransEngen

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Frequently Asked Questions about TransEngen

TransEngen was founded in 2006 and raised its 1st funding round 1 year after it was founded.

TransEngen is headquartered in Shelton, United States. It is registered at Shelton, Washington, United States.

TransEngen is a funded company, having raised a total of $10.5M across 5 funding rounds to date.

As of Dec 31, 2014, the latest employee count at TransEngen is 13.

TransEngen was founded in 2006 and is based in Shelton, United States, where healthcare payment processing solutions are developed for providers. The company, previously known as TriHelix, integrates healthcare and financial transactions through its TransEngen engine. Its core platform, TIER4, is utilized for automating benefits verification in specialty products, facilitating communication between patients and providers, and delivering reporting to manufacturers. Acquisition by Virmedica occurred in February 2015.

TransEngen's top competitors include Greenphire, Cedar and PayZen.

TransEngen has 3 investors. Key investors include VirMedica, Lemhi Ventures, and Carlson Capital.

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