About Trover Solutions
Trover Solutions is a company based in Louisville (United States) founded in 1988 was acquired by Abry in December 2010. The company has 773 employees. Trover Solutions operates in a competitive market with competitors including Vitraya, UnitedHealthcare, CareGain, Gain Servicing and Red Sky Health, among others.
- Headquarter Louisville, United States
- Employees 773
- SectorsHealthcare
- Website troversolutions.com
- Social LinkedIn X
- Acquired by Abry (Dec 2010)
- InvestorsAbry Partners
& 1 more
- Employee Count773
- Acquired byAbry
(Dec 2010)
Funding Insights of Trover Solutions
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Trover Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | – | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Trover Solutions
Trover Solutions has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Abry Partners and NewStar Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Abry Partners is engaged in middle market private equity investments. | 1989 | abry.com | Boston, United States | |
Financial services are provided by NewStar Financial in Boston. | 2004 | newstarfin.com | Boston, United States |
Investor details for Trover Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Trover Solutions
5 people are tracked at Trover Solutions (4 in leadership, 1 in team); the tracked headcount is 773.
| Name | Role | Group |
|---|---|---|
Gary Liter, CPCU | Executive Vice President, Operations, Sales and Account Management | Leadership |
Rob Bader | CEO | Leadership |
Tammy Hodges | MBA | Director, Client Solutions | Leadership |
Thomas Quinn | Senior Vice President | Leadership |
Yadira Blackwell | Lead Implementation Analyst | Team |
Complete people profiles for Trover Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Trover Solutions
3 dated milestones of Trover Solutions across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Trover Solutions is founded.
- Funding First funding round.
- Exit Acquired by Abry.
Competitors of Trover Solutions
Trover Solutions 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 Vitraya, UnitedHealthcare, CareGain, Gain Servicing and Red Sky Health, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vitraya.com | 2019 | Delhi, India | $12.83M | 71 | Automated claims adjudication and settlement are provided for healthcare. | |
| uhcprovider.com | 1977 | Minnetonka, United States | – | – | Claims management software is provided for clinics by UnitedHealthcare. | |
| caregain.com | 2001 | Plainsboro, United States | $6.8M | – | Consumer-directed healthcare accounts are administered via specialized software. | |
| gainservicing.com | 2010 | Atlanta, United States | – | – | Provider of AI-based reimbursement software for healthcare providers | |
| redskyhealth.com | 2022 | New York, United States | $6.46M | – | AI-powered platform to fix denied health insurance claims | |
| glassbox.health | 2022 | Atlanta, United States | – | – | Functions as an AI-driven software to navigate health insurance coverage. | |
| claimshuttle.com | 2006 | Frederick, United States | – | – | Provides a web-based platform for healthcare claim inquiries and management. | |
| edilive.com | 2003 | Houston, United States | – | – | Provides software solutions for medical billing and support to healthcare providers. |
Detailed competitors of Trover Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Trover Solutions
The website of Trover Solutions (troversolutions.com) receives about 6.2K visits a month.
- Monthly visits6.2K
▲ 162.2% vs previous month
Websites whose visitors overlap most with Trover Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
chipa.com | chipa.com | 100% | – | #6,060,292 | – |
hcrec.com | hcrec.com | 86% | – | – | – |
| prospectmedical.com | 85% | 33.8K | #719,861 | View details | |
arkansasbluecross.com | arkansasbluecross.com | 82% | – | #354,512 | – |
| appliedsystems.com | 81% | 99.2K | #350,037 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Trover Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Trover Solutions
10 companies that operate in the same segment as Trover Solutions (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Frequently Asked Questions about Trover Solutions
Trover Solutions was founded in 1988 and raised its 1st funding round 22 years after it was founded.
Trover Solutions is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Trover Solutions has 773 employees.
Trover Solutions was founded in 1988 in Louisville, United States. Subrogation, claims recovery, and cost containment services are offered to healthcare payers. Payment integrity is supported across the healthcare sector through specialized software and recovery processes. Operations focus on enabling accurate claim handling and reducing financial losses for payers in the United States.
Trover Solutions's top competitors include Vitraya, UnitedHealthcare and Red Sky Health.
Trover Solutions has 2 investors. Key investors include Abry Partners, and NewStar Financial.
Yes. Trover Solutions was acquired by Abry in December 2010.