About TriZetto
TriZetto is a company based in Greenwood Village (United States) founded in 1997 was acquired by Cognizant in September 2014.. TriZetto has raised $10.5 million across 4 funding rounds from investors including Cognizant, Apax Partners and Eight Roads Ventures. TriZetto has completed 3 acquisitions, including Gateway EDI, Medical Data Express and Quality Care Solutions. TriZetto offers products and services including Core Administration, Interoperability Solutions, Connected Health Solutions, Provider Reimbursement Solutions, and Quality Management. TriZetto operates in a competitive market with competitors including Culture Biosciences, Klaim, Anagram, MiyaHealth and Healspan, among others.
- Headquarter Greenwood Village, United States
- Stage Public
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Sectors
HealthcareFinancial Services Technology
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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 Trizetto Group 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
$10.5 M (USD)
in 4 rounds
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Latest Funding Round
$230 M (USD), Post-IPO
Apr 17, 2007
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Investors
Cognizant
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Gateway EDI
& 2 more
- Acquired by
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Products & Services of TriZetto
TriZetto offers a comprehensive portfolio of products and services, including Core Administration, Interoperability Solutions, Connected Health Solutions, Provider Reimbursement Solutions, and Quality Management. 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.
Manages payer efficiency and reduces costs through administrative tools.
Connects systems for secure real-time data access and integration.
Delivers engaging experiences via data-driven member interactions.
Automates pricing to optimize value for providers and patients.
Facilitates collaboration to reduce costs and improve care quality.
Funding Insights of TriZetto
TriZetto has successfully raised a total of $10.5M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $230 million completed in April 2007. 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 4
- Last Round Post-IPO — $230.0M
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First Round
First Round
(11 Jun 1998)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2007 | Amount | Post-IPO - TriZetto | Valuation |
investors |
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| Oct, 2005 | Amount | Post-IPO - TriZetto | Valuation |
investors |
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| Jun, 1999 | Amount | Series B - TriZetto | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 TriZetto
TriZetto has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Cognizant, Apax Partners and Eight Roads Ventures. 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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VC firm investing in expansion stage tech and life sciences companies in the US
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Founded Year | Domain | Location | |
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Investments are made in life sciences firms across all stages.
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Founded Year | Domain | Location | |
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Venture capital investment and global platform support for startups.
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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 TriZetto
TriZetto has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gateway EDI, Medical Data Express and Quality Care Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data encounters management software is provided to healthcare providers.
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2010 | ||||
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Mental and behavioral therapy centers are operated as a chain.
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2004 | ||||
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Medical claims processing solutions are offered to health care providers.
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TriZetto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Trizetto Comparisons
Competitors of TriZetto
TriZetto 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 Culture Biosciences, Klaim, Anagram, MiyaHealth and Healspan, 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 |
Biomanufacturing hardware and software tools are provided for research purposes.
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| domain | founded_year | HQ Location |
AI-based claims management software is offered to healthcare professionals.
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| domain | founded_year | HQ Location |
Anagram is focused on vision insurance billing solutions.
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| domain | founded_year | HQ Location |
Digital medical cost management solution for payors and employers
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| domain | founded_year | HQ Location |
Insurance policies and claims are managed via an automated platform.
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| domain | founded_year | HQ Location |
Provider of an all-in-one statement and payment solution for healthcare billing
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Trizetto
Frequently Asked Questions about TriZetto
When was TriZetto founded?
TriZetto was founded in 1997 and raised its 1st funding round 1 year after it was founded.
Where is TriZetto located?
TriZetto is headquartered in Greenwood Village, United States. It is registered at Greenwood Village, Colorado, United States.
Is TriZetto a funded company?
TriZetto is a funded company, having raised a total of $10.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $4.5M, raised on Jun 11, 1998.
What does TriZetto do?
TriZetto was founded in 1997 and is headquartered in Greenwood Village, United States. IT software and services are developed for the healthcare sector, targeting payers and providers. Payer offerings encompass benefits administration, care management, network management, portal platforms, consulting, application management, and business management services. Provider solutions include real-time eligibility assurance, claims editing, revenue cycle management technology, and services aimed at accurate and timely payments.
Who are the top competitors of TriZetto?
TriZetto's top competitors include Culture Biosciences, Healspan and Klaim.
What products or services does TriZetto offer?
TriZetto offers Core Administration, Interoperability Solutions, Connected Health Solutions, Provider Reimbursement Solutions, and Quality Management.
How many acquisitions has TriZetto made?
TriZetto has made 3 acquisitions, including Gateway EDI, Medical Data Express, and Quality Care Solutions.
Who are TriZetto's investors?
TriZetto has 5 investors. Key investors include Cognizant, Apax Partners, Eight Roads Ventures, HLM Venture Partners, and Delphi Ventures.